AUDUSD’s bounce from 0.9134 extended to 0.9325 only and the subsequent fall suggests lengthier consolidation of uptrend from 0.8577 (Feb 5 low)...
AUDUSD’s bounce from 0.9134 extended to 0.9325 only
Source: feedproxy.google.com
Read more...
EUR/USD trying to steady at lower levels
EUR/USD is trying to steady at lower levels, presently at 1.3850. Last heard reports of China buying up around 1.3880/90 and gotta think they’ll be sniffing around again in the low 1.38’s, although haven’t heard of them being in again as yet. Stocks are trying to claw back some of...
Forex Trading
I. Getting Started A. Forex Training B....
USD/JPY Underperforms in Reaction to Japan Airlines News
By Fast Brokers – The Dollar is continuing its strong performance against the Yen as investors speculate that Japan Airlines will need...
10 US banks to be allowed to repay TARP
Bloomberg is reporting that the US Treasury will announce later today that some of the largest US banks will be able to buy back shares which they had to sell to the government as part of...
EUR/JPY still under pressure
Not much respite so far for the cross, currently down at 136.15. Dealers tell me that there are lots of stops on the 135 handle, particularly under 135.20, if the fall continues. USD/JPY bids are reported at 97.25/50 but that’s a ways off...