The peso, real and rupee have outstripped the pound, dollar, euro and yen in the best opening to a year since the turn of the century
Emerging market currencies off to flying start
Source: www.ft.com
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Bulgarian National Bank Sets Base Rate at 0.18%
tweetmeme_style = ‘compact’; The Bulgarian National Bank announced on the 31st of January that its base interest rate would be lowered...
USD still weak as JPY and AUD lead the way
Surprisingly strong consumer confidence numbers are supporting the AUD/USD and flows are affecting USD/JPY as the weakness in the USD from overnight shows signs of continuing. There is talk of some decent selling interest in the EUR/USD at 1.4100 but trailing stops are also said to be increasing...
FOREX VIDEO - European Outlook November 19th 2009
Hey everyone, it’s been a challenging few days with a few of our favorite currency pairs in a variety of ranges. This in mind I have defined a few important support and resistance areas for Cable, Aussie Yen, Pound Yen and Aussie USD. Until we resolve these ranges I’m remaining very...
Inflation Slams Food Prices
Note from Managing Editor Sara Nunnally: In response to Monday's article on retirement and inflation, we received this letter from Smart...
Cable slump extends as stops triggered
Well looks as though there were decent-sized stops below 1.5850, as suspected. We’ve moved quickly lower, presently at 1.5810. Technical supports lined up at 1.5800/05, 1.5775 and 1.5750/55. Risk sentiment isn’t in good shape this morning, S&P futures off 7 points, and this will be...