Forex 24x7

“Real-Forex” daily market overview 24-12-2010

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• Forex Market News & Analysis

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• Unemployment Numbers from the US

  Source: ForexYard Joblessness in the States has gone down as numbers of unemployment claims showed a significant decline during the last week....

• USDCAD’s fall from 1.0779 extends to as low as 1.0579

  USDCAD’s fall from 1.0779 extends to as low as 1.0579 level, suggesting that a short term cycle top has been formed...

• GBP/USD Deflects Off our 3rd Tier Trend Lines

  By Fast Brokers - The Cable is deflecting off our 3rd tier uptrend and downtrend lines as the S&P futures battle their...

• Japan Q1 GDP revised to -3.8%

  Q1 GDP revised to -3.8% q/q and -14.2% annualised. This was from a preliminary figure of -4% q/q and -15% annualised.  JPY crosses are trading...

• Philippines Central Bank Cuts Rate 25bps to 4.25%

  The Bangko Sentral ng Pilipinas cut its overnight borrowing rate 25 basis points to 4.25% from 4.50% and the overnight lending rate...