By Fast Brokers - The Cable has jumped over our 2nd tier downtrend line as investors celebrate a better than expected manufacturing [...]
GBP/USD Continues its Recovery after Positive Manufacturing Production
Source: feedproxy.google.com
- Tags:
- Forex
- Production
- Manufacturing
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Citi Puts Brazil 2009 GDP At -1.5%; Forex Back To BRL2.00
SAO PAULO (Dow Jones)--The bull may have run its course in Brazil for now, with analysts at Citigroup in Brazil saying in a report Wednesday that the bank's ... See all stories on this...
Q3 US GDP Could Outperform but Data may be Overlooked
Source: ForexYard Typically US GDP is a high impact event in the foreign exchange market though tomorrow’s data may be overlooked given the...
EUR/USD firmer; China noted
EUR/USD is making some pretty good ground in early European trade. The pairing is being underpinned by decent risk appetite, realisation US rates won’t be raised anytime soon, and by an improving situation in the Baltics. Sources report China has been buying fairly agressively in this latest...
EUR/GBP Daily Outlook
Daily Pivots: (S1) 0.9147; (P) 0.9183; (R1) 0.9244; EUR/GBP’s rally extended further to as high as 0.9297 today and met mentioned target of 61.8% retracement of 0.9799 to 0.8399 at 0.9264 before treating mildly. Intraday bias remains on the upside for the moment. Sustained trading above...
European Morning Forex Wrap Up; Market on hold ahead of non-farm ...
EUR/USD started around 1.4880 and gently ticked higher eventually reaching session high 1.4905, where ACB selling emerged capping the rally. Comments from ECB’s Nowotny, suggesting any ECB tightening is some ways away, helped pressure the pairing and we’ve drifted back to where we started,...