Previous sessionsUS Dec Pending Home sales out at +1.0% m/m, as expected vs. revised -16.4% priorGBP Nationwide Consumer confidence out at 73 versus expected 70 vs. 70 priorAUD Dec. Trade Balance out at -2.25B versus expected -2.36B...
USD/JPY Open 90.45 High 90.91 Low 90.09 Close 90.37Dollar/Yen is trading this week in within the 89.78 – 90.91 range. On Wednesday the currency couple declined from the above upper limit, closing the day at 90.37. We...
ForexPros Daily Analysis February 3, 2010 Fundamental Analysis: Ivey PMI Canadian traders anticipate the publication of the Ivey Purchasing Manager’s Index (PMI) tomorrow, February 4. The index measures the activity level of purchasing managers in Canada.Any reading...
GBP/USD Open 1.5991 High 1.6059 Low 1.5904 Close 1.5771Pound/Dollar has formed new small rising channel on the 15 minute chart starting from Monday’s bottom at 1.5859. After little hesitation on Wednesday, climbing continued to 1.5996, closing the...
GBP/USD Forex Market moving news GBP/USD – 1.6022.. The pound rose to 1.6009 after release of strg N’wide consumer confidence index n although price dipped in tandem with euro to 1.5966, buyers quickly returned n lifted cable.
Australia surprised economists by holding interest rates steady after the market unanimously predicted an interest rate hike. Also a chain of positive news has helped spot crude oil prices jump over 5.5% during the past two days.
EUR/USD Open 1.3974 High 1.3976 Low 1.3886 Close 1.3965Euro/Dollar traded hesitantly and with volatility on Tuesday, correcting upwards to the 1.3976 top, closing the day at 1.3965. On the 3 hour chart the currency pair remains within...
********************************************Update Time: 02 Feb 2010 08:11GMT INTRA-DAY GBP/USD OUTLOOK – +1.5930+ Although cable has recovered after anticipatedretreat fm 1.5975 to 1.5920 n sideways trading wudbe seen, as long as said res holds, consolidation with downside bias remains,...
Market Review – 02/02/2010 23:13 All times in GMT Dollar falls on improved risk appetite on upbeat U.S. home data Euro fell initially in Asian morning after RBA held rates unchanged to as low as 1.3886 against...
Forexpros Daily Analysis February 2, 2010 Fundamental Analysis: ADP Nonfarm Employment Change Traders of the US await the publication of the ADP National Employment Report. The report measures the monthly change of nonfarm private employment, based on...
