Read The Latest Forex Analysis By Action Forex : EURJPY Daily Outlook.
EURJPY Daily Outlook - EUR/JPY, By Action Forex
Source: www.forexpros.com
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Distribution of GBP/USD daily high and low during a day
I continue documenting the distribuions of the moments of time daily high and low for the popular forex pairs are achived. Some of the motivations for such type of analysis have been outlined in the first post on the topic. Availability of temporal distributions of volatility during a day (see the...
Rick Santelli calls out Geithner
Some refreshing skepticism from Rick Santelli on CNBC; he calls out Treasury Secretary Geithner for saying that the US is not monetizing its debt. He falls back on the idea that the Fed is strong and independent, so the government is not calling the shots, instructing the Fed to buy the debt. But...
Forex: EUR/AUD lowers to 1.6296
The EUR/AUD eased from threatening 1.64 to steadily lose ground to remain at 1.6296. The mood has been bearish for the pair in keeping with the monthly trend. However, while there is a down bias for the pair, the Aussie is set to firm as interest rates are set to rise by at least 25 basis points...
Forex: EUR/USD falls sharply on Friday
The Dollar rose against the Euro erasing Thursday's losses. EUR/USD fell to 1.4700 (intra-day low) but failed to break below. The Euro did not hold above 1.4800 and weakened. The fall in stocks helped Greenback that finished the week higher for the first since late September EUR/USD finished...
Romania Increase it's Forex Reserves
Romania's foreign exchange reserves stood at EUR 28.402 million as on October 31, up from EUR 28.339 million as on September 30, the National Bank of Romania said on Monday. At the same time, the gold stocks remained unchanged at 103.7 tones. The international reserves (foreign currencies and...