Archive for July, 2011

FXstreet.com (Córdoba) – The NZD/USD and the AUD/USD reversed sharply, turned to the upside and erased losses as stocks move off session lows in the US and as the US Dollar plummets across the board. NZD/USD rose 140 pips from daily lows and currently … See all stories on this topic »

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Forex: AUD and NZD resume uptrend against USD

By Gertrude Chavez-Dreyfuss NEW YORK, July 29 (Reuters) – The US dollar plunged to all-time lows against the Swiss franc and four-month troughs versus the yen on Friday as data showing lackluster US growth and debt worries on both sides of the Atlantic … See all stories on this topic »

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FOREX-Dollar sinks vs Swiss franc, yen on data, debt woes

FXstreet.com (Barcelona) – Given the highly disappointing US economic growth report, the USD is plummeting further against it´s major counterparts and is expected to remain weak through close. Kathy Lien, Director of Global Research and Analysis at GFT … See all stories on this topic »

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Forex: USD to remain weak throughout NY session – Kathy Lien

Forex: CHF soars on risk aversion

FXstreet.com (Córdoba) – The Swiss Franc reinforced its status as a safe haven and reached new record highs versus the Dollar, the Pound and the Euro on the back of risk aversion and market worries. Stocks in Europe and in the US broke to the downside, … See all stories on this topic »

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Forex: CHF soars on risk aversion

The US dollar lost ground following the advanced 2Q GDP report, and the greenback may continue to trade heavy over the near-term as the world's largest economy faces a slowing recovery. The US dollar lost ground following the advanced 2Q GDP report, … See all stories on this topic »

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Forex – Forex: USD Weighed By Dismal 2Q GDP Report, Sterling To Consolidate

FXstreet.com (Barcelona) – The USD/JPY has dropped to a fresh 4-month low today at 77.45, causing concern by BoJ and MOF officials who see a strong yen as dragging down exports. Chris Walker of UBS informs us: “The rhetoric of Finance Minister Noda … See all stories on this topic »

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Forex Flash: USD/JPY shrugs off Fin Min´s escalated rhetoric – UBS

FXstreet.com (Barcelona) – The GBP/USD has been supported by moderately better-than-expected fundamental data out of the UK this week, along with the broadly weaker greenback, and David Song of DailyFX suggests: “the British Pound may trade within a … See all stories on this topic »

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Forex: GBP/USD to face range-bound price over near term – Daily FX

MUMBAI: After declining for two consecutive weeks, the country's foreign exchange reserves jumped by $2.294 billion to $316.801 billion on the back of healthy rise in foreign currency assets last week. The reserves had declined by $112 million in the … See all stories on this topic »

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India's forex reserves up by $2.29 billion

FXstreet.com (Barcelona) – The EUR/GBP has bounced off a daily low of 0.8740 in morning trade over Europe, as the British pound comes under modest selling pressure so far. The pair has wobbled between that low and it´s current daily high of 0.8780 … See all stories on this topic »

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Forex: EUR/GBP returns to daily high 0.8780

Forex Trading: EURUSD Stepping Up

The EURUSD has surged higher after testing 38.2% of the weeks range at 1.43455 (see chart above), correcting just below the 100 day MA at 1.4331 (see char below), then moving sharply higher from there. The price has peaked at the next Fibo level on the … See all stories on this topic »

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Forex Trading: EURUSD Stepping Up

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