We are going to keep an eye on the Canadian Dollar today. The Bank of Canada’s governor is giving a speech today [...]
Watching Canadian Dollar
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Minor technical support at 133.30 in EUR/JPY
The fall in USD/JPY (96.70 at time of writing) shows no sign of letting up and EUR/JPY has fallen to 133.30, which was a series of previous highs which should now offer some minor support. Below here, and we look set for a big fall to the major trendline at...
BRIC May Discuss Moving From Dollar: Kremlin - Forex Currencies ...
A basket of currencies would be better than just the dollar or euro as world reserve currency, Russian President Dimitry Medvedev said in an interview with CNBC. CNBC Top News and Analysis -...
GBP/USD Daily Forex Technical Outlook
Daily Pivots: (S1) 1.5775; (P) 1.5875; (R1) 1.5982 With 4 hours MACD crossed above signal line, an intraday low is in place in GBP/USD at 1.5769. Some consolidation could be seen but recovery should be limited by 1.6133 support turned resistance and bring fall resumption. Below 1.5769 will target...
Worried about your dollars?
Than give $50 bln to the IMF to lend to the likes of Latvia. Yeah, that’ll work just...
Reviewing Last Week - BBFX
Last week we posted three comments on specific moves in the currency markets, and one commentary regarding US Treasury Yields. Our posting from...