Forex Trading: Usd/hkd Getting Close To The Next Support Area. Forex Trading: USDJPY Moves To New Day Highs · Forex Trading: EURUSD Moves Lower On IIF Comments · Forex Trading: GBPUSD Consolidates, Then Surges To Highest ...
Forex Trading: Usd/sgd Testing Support Line.
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Risk sentiment helped by reports 10 US banks to repay TARP
Reports that the US Treasury is preparing to announce today that it will let 10 US banks buy back government shares is helping boost risk appetite, which is benefitting likes of euro, sterling, aussie and canadian...
Swiss KOF institute cuts 2009/2010 growth forecasts
The KOF Swiss Economic Institute has slashed it’s growth forecasts for the Swiss economy. The economy is now seen contracting -3.3% in 2009 from previous forecast of -2.4%, and contracting -0.6% in 2010 from previous -0.3%. The insititute warns that “the Swiss economy is in a long...
Weekly Forex Market Forecast (November 28th – December 2nd 2011)
By Michael Trinkle, ForexTraders Key Fundamental Forex Events and Forecasts for the Coming Week The following table lists the key economic data and other events that are due out during the week of November 28th – December 2nd, with release times displayed for the GMT time zone. The list also...
FOREX-Euro edges up but markets skittish
The euro rose against the dollar on Monday as risk-averse sentiment eased on improved economic data and as stocks pared losses, but markets remained skittish before key central bank events and U.S. jobs data this week. European stock markets shed losses made at the outset on news that CIT Group...
China still a net importer of steel in May
China remains a net importer of steel in May, importing 53.46 million tonnes of iron ore, slightly down from April’s record 57 mio tonnes. This markes the 3rd month in a row that imports have exceeded outflows for China, a country that has been a net steel exporter since...