The dollar remains largely confined to clear ranges against the euro. The $1.30-$1.3240 range has dominated for the past 5-6 sessions. It is difficult to have a strong view within the range. Yet short-term momentum indicators warn of the risk of a euro ...See all stories on this topic »
Chop City In Forex
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American Eagle Announces Earnings
American Eagle Outfitters (AEO) announced that earnings dropped to $51.3 million, or 26 cents a share, in the fiscal fourth quarter from $87...
EUR/USD drifts off lows; Canadian comments leave a mark
It is rare that this Canadian prime minister takes a shot at his neighbor to the south but mild-mannered PM Harper called US deficits “Long-term, structural and dangerous” a short while ago. That’s gonna stick. It has the same rhythm as timely, targeted and temporary and safe,...
European Morning Forex Wrap Up; Market on hold ahead of non-farm ...
EUR/USD started around 1.4880 and gently ticked higher eventually reaching session high 1.4905, where ACB selling emerged capping the rally. Comments from ECB’s Nowotny, suggesting any ECB tightening is some ways away, helped pressure the pairing and we’ve drifted back to where we started,...
GBP/USD Balances After Better Than Expected Construction PMI
By Fast Brokers - The Cable pulled back on declining volume yesterday, although losses were negligible. The GBP/USD is...
South Pacific Currencies Reverses Their Losses
By TraderVox.com Tradervox (Dublin) - China’s weakening economic outlook reports led the south pacific dollars to decline against the...