By GCI Fx Research € The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4110 level [...]
Fundamental Outlook at 1400 GMT (EDT + 0400)
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What’s In The News: February 14, 2012
This is what’s in the news for Tuesday February 14, 2012. The Wall Street Journal reports BHP Billiton (NYSE:BHP) and its partners will...
Early Tokyo showing its hand; JPY crosses lower
EUR/JPY has fallen swiftly from 134.80 to 134.35 as early Tokyo enters the market and obviously decides it does not want to buy anymore. Dealers report a lot of offers appearing in USD/JPY, some in very decent size and this is obviously weighing on the crosses. Bids were reported earlier at 97.50...
Australian unemployment numbers due out today
The unemployment rate surprised everyone, including the statistics office, by falling to 5.4% last month. There were complaints about the way the data was assessed and the ABS have introduced some changes for the May data. The consensus estimate is now for unemployment to return to 5,7% though some...
AUDUSD formed a sideways consolidation
Being contained by 1.0199 resistance, AUDUSD formed a sideways consolidation in a range between 1.0085 and 1.0201. The price action in the...
Forex and Financial Market Update 15 June 2009
Those three factors about sum it up to explain why the EUR/USD, GBP/USD, EUR/JPY, and GBP/JPY came under pressure, each losing several hundred pips to the ... See all stories on this...