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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USD/JPY dipped lower in early European trade but runs into buy interest
USD/JPY dipped a little lower in early European trade to 98.28, but has run into decent buy interest from a U.S. investment bank, according to sources. The pairing is presently back up at...
Quiet London session as markets focus on US Payrolls
UK Pensions Minister James Purnell resigns and calls on Prime Minister Gordon Brown to quit too. UK Q1 Construction output falls 9 % q/q, ONS likely to revise Q1 GDP to -2.2% from -1.9% as a result. UK PPI meets expectations, factory costs fall at sharpest rate in 7 1/2 years. Swiss inflation...
Kudrin says Russia has full confidence in dollar
Russia has full confidence in the dollar and there is no immediate plans to switch to a new reserve currency, says Russian Finance Minister Alexei...
Forex settlement volumes rise in May - CLS
LONDON, June 16 (Reuters) - The average number of daily foreign exchange payment instructions rose in May, reversing a slide in April, ... See all stories on this...
Understanding GDP
Gross domestic product (GDP) is the mother of all economic indicators. And it’s commonly used as a gauge of the economic health of a country, as...