Being contained by 1.6662 previous high resistance, GBPUSD pulled back from 1.6618 last week. Range trading between 1.6240 and 1.6662 could be seen later ...
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Daily Forex Analysis - June 15, 2009
Source: www.forexrazor.com
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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...
FOREX VIDEO - Pre London Outlook October 9th 2009
Hi everyone, nothing exciting in this outlook I once again draw on the Euro Pound cross for clues in trading Cable today. In addition to looking at these two currency pairs I also look at the Kiwi USD and Aussie Yen today. I expect some profit taking for the Kiwi and the Aussie Yen is threatening a...
USDCAD’s downward move extended to 1.0191
USDCAD’s downward move from 1.0672 extended to as low as 1.0191. Key resistance is now at 1.0378, as long as this level holds, downtrend...
Latvia/IMF do not discuss devaluation
Latvia and the IMF did not discuss a devaluation and are trying to maintain the present peg to the euro via a new budget. Swedish banks will breath a short-term sigh of relief. This is modestly EUR supportive, but the focuc is more on US jobs figures at the moment. EUR/USD is quiet at...
Tuesday Sector Leaders: Water Utilities, Aerospace & Defense Stocks
In trading on Tuesday, water utilities shares were relative leaders, up on the day by about 1.3%. Leading the group were shares of Pure Cycle...