USDCAD broke below 1.0215 support and reached 1.0191 only, the subsequent bounce had bring price above 1.0349 key resistance, suggesting that a cycle...
USDCAD broke below 1.0215 support
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Monetary Policy Week in Review – 10 September 2011
The past week in central banking saw interest rate announcements from 17 central banks around the world. Just 4 of those central...
Eur/usd hits session highs above 1.4040
Eur/Usd is currently grinding out new highs for the day above 1.4040. So far it hasn’t been a stellar ascent more of a relentless grind higher, the absence of any selling interest in the 1.4030/40 area, unlike last time, has emboldened a few bidders to aim for the next level of offers at...
Geithner to urge forex flexibility in China
Reuters WASHINGTON (Reuters) - US Treasury Secretary Timothy Geithner will discuss with top Chinese officials how to boost global economic growth as well as the ... See all stories on this...
Public holiday in Australia should ensure quiet session for AUD
I have heard of some stop-losses building below .7875 in the AUD/USD but with Australia closed for a public holiday, these will probably be safe until Europe step in. An interim top now looks to be in place at .8250 and the first big technical support level is a 38.2% pullback at...
FOREX-Euro rises on ECB rate view; US jobs data loom
By Gertrude Chavez-Dreyfuss NEW YORK, June 4 (Reuters) - The euro edged higher against the US dollar on Thursday as the European Central Bank signaled it ... See all stories on this...