Being contained by the lower boundary of the price channel on 4-hour chart, AUDUSD rebounded from 0.9223 level. Range trading between 0.9222 and...
AUDUSD rebounded from 0.9223
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USD Sinks and Stocks Fall As Oil and Gold Appreciate
By Michael Trinkle, ForexTraders The turmoil in the Middle East is continuing to prevent a return of normalcy to the regions affairs and inflating oil and gold prices dampening market sentiment. This is all the more evident in the rest of the world outside of the U.S., since American investors...
The USD Recovers after US Consumer Confidence Falls
The U.S. dollar gained versus the EUR but extended losses against the Japanese yen on Friday after the U.S. consumer sentiment index unexpectedly declined in early August. The data pushed U.S. stocks lower, aiding the Dollar which has tended for months to move in the opposite direction as equities...
Central Bank of Nigeria Hikes Rate 275bps to 12.00%
The Central Bank of Nigeria hiked its monetary policy interest rate by 275 basis points to 12.00% from 9.25%, after convening an...
FOREX VIDEO - New York Session Review - August 20, 2009
Capital preservation ruled during today’s New York session. Curt Wehrley FX Bootcamp’s Quantitative...
BOE’s Fisher: Weaker sterling helping exporters
BOE’s Fisher says domestic output seems to have stabilised, with weaker sterling helping exporters. Cable giving up some of it’s hard fought ground, presently at...