The USD briefly extended Friday's gains in Asian trading against some currencies, successfully sending EUR/USD to 1.3928 and Kiwi to lows of 0.6240 and ...
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Forex Market Update: US Dollar Mixed, British Pound Continues to ...
Source: www.dailyfx.com
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Pound breaks the 1.0600 resistance and Euro trading above 1.3300
By TraderVox.com Tradervox (Dublin) - The single currency held on the recovery the late night recovery of yesterday as it traded above...
USD/JPY still falling
Bids between 97.00/25 are currently soaking up some heavy selling, with 97.02 the low thus far. One dealer has mentioned some heavy stops below the figure but no confirmation there as yet. The bearish momentum is certainly gaining strength. The Nikkei is down 1.75%, adding to...
The EUR/USD Still Trades In A range
With the recent volatility in the forex market, one currency pair seems to stand out: the EUR/USD. This pair has been range-trading for the previous week as the two currencies struggle for dominance of the currency market. With this weekend’s G8 summit on the global financial system, traders...
ForexLive New York wrap-up: GDP revives risk rally
US GDP rises 3.5% in Q3; autos, homebuyer credit big contributors Weber: Unconventional measures to end next year; credit to stay weak through middle of 2010; negative inflation rates over. Kansas City Fed survey falls to +6 in October from +16 in September; latest in a number of weak Fed surveys...
ECB’s Constancio says Europe inflation may be below expectations
ECB’s Constancio feels euro zone inflation in 2009 may come in below expectations, but that it doesn’t mean deflation and no deflationary spiral is expected for 2010. Speaking at a banking conference the official said “Inflation levels now foreseen for this year are very low,...