Archive for May, 2011

By Forexpros.com Forex Pros – The British Pound was lower against the US Dollar on Tuesday after the release of US data on Chicago PMI. GBP/USD was trading at 1.6453, down 0.14% at time of writing. The pair was likely to find support at 1.6275, … See all stories on this topic »

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Forex – GBP/USD down during the U.S. session

FXstreet.com (California) – After dipping to an all-time low at 0.8464 early Tuesday, USD/CHF made a steady recovery into the 0.8540 zone, closing the session at 0.8537. At the time of writing, the pair has opened the Asian trade and is virtually … See all stories on this topic »

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Forex: USD/CHF rally likely faded – Fan Yang

FXstreet.com (California) – During Tuesday's trade, USD/JPY saw a spike above 81.75 from its 80.91 open upon the release of Moody's Investors Service announcement stating that Japan's Aa2 local and foreign currency bond ratings are now under review for … See all stories on this topic »

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Forex: USD/JPY moving horizontally, limited below 81.55

By ForexMansion.com The USD/CAD barely moved during light trading as the US was closed due to Memorial Day. The pair is currently struggling to gain momentum at the 0.98 zone, a major area of resistance. This pair is waiting for the oil markets to make … See all stories on this topic »

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Forex – USD/CAD Technical for Analysis May 31, 2011

FXstreet.com (California) – The Kiwi opened Tuesday's trade at 0.8160, broke above 0.8216 resistance to record a fresh all-time high at 0.8262, and pulled back to close the American session at 0.8235. At the time of writing, NZD/USD is under slight … See all stories on this topic »

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Forex: NZD/USD under pressure ahead of NZ Terms of Trade

NEW YORK, May 31 (Reuters) – The euro touched a three-week high against the dollar on Tuesday on the belief that Greece may avoid a debt restructuring, but further gains are likely to be capped by technical resistance after a weak monthly performance. … See all stories on this topic »

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FOREX-Euro closes out May at 3-week high on Greece report

FXstreet.com (Córdoba) – The GBP/USD lost bullish momentum in the short-term but in the medium term, the ability to break above the 70 level in the RSI indicator suggests there can be a bullish attempt following the current bearish correction, … See all stories on this topic »

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Forex: GBP/USD: above 1.6545 targets 1.6750 – FXTimes

The CAD/JPY pair continues to bottleneck into a descending wedge formation that presents a unique scalping opportunity for intra-day traders. With limited event risk on the horizon, the scalp may continue to play out of the next few days. … See all stories on this topic »

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Forex – CAD/JPY Scalp- Limited Event Risk

FXstreet.com (Córdoba) – The Loonie soared against the Greenback on Tuesday following hawkish comments from the BOC. Despite maintaining interest rates unchanged, the central bank said for the first time since the recession that “some of the … See all stories on this topic »

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Forex: USD/CAD consolidates in a range below 0.9700

Forex & Gold 01, June 2011

KARACHI, May 31: The Pakistani Rupee was traded at 86.3 to the US Dollar in the open market. (Bureau Report) (Updated @ 15:30 PST) Note: We do not receive Foreign Exchange Rates regularly. At the top of the dialog box, select the GENERAL tab. … See all stories on this topic »

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Forex & Gold 01, June 2011

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