The US dollar fell in reaction to new home sales data from the United States. Data released today by the Commerce Department show new home sales fell unexpectedly in December. Fewer new homes were purchased in December, dropping the number to 307000, ...See all stories on this topic »Trading Point
Forex News – US new home sales fall in December
Source: www.google.com
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USDCHF remains in uptrend from 0.9548
USDCHF remains in uptrend from 0.9548 and the rise extended to as high as 1.0053 level. Key support is at 0.9848, as long as this level...
Spanish non-performing loans will continue to rise- EcoMin
Spanish economy minister Salgado says that non-performing loans at Spanish banks will continue to rise into next year. Spain is the epicenter of the housing bust in Europe, suffering over-building only seen in places like Las Vegas and Miami in the US. EUR/USD trades at 1.3780, up from 1.3757...
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...
FOREX-Dlr falls ahead of next Treasury auction hurdle
TOKYO, June 11 - The dollar fell against a basket of currencies on Thursday, paring some gains made after the benchmark US. Treasury yield hit its highest ... See all stories on this...
FOREX VIDEO | NEW YORK SESSION REVIEW | June 1, 2009
When considering the GBP/JPY price action through the first five months of this year, the story of the mythical phoenix comes to mind. A currency pair virtually burned to virtual ashes in last year’s deleveraging, has seemingly come back to life. Today, on the back of positive China and US...