This was the 13th straight month of falls.
ANZ job ads fell by 0.2% in May
Source: www.forexlive.com
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Cable touch firmer early
Cable is a little firmer in early European trade, presently at 1.6345. General risk sentiment is in pretty good shape, while the USD is struggling as the realisation grows that we’re not likely to see an early US rate hike. Recent improved UK housing data and PM Brown’s political...
USDCAD remains in uptrend from 0.9725
USDCAD remains in uptrend from 0.9725, the fall from 1.0025 is treated as consolidation of uptrend. Support is at the rising trend line on...
Follow Interest Rates: Fundamental FOREX Trading
WAYNE MCDONELL Wayne McDonell explains why monitoring interest rates plays such a crucial role in effective analysis of both the currency and stock markets. Released: 6/24/2009 Focus:...
Bank of England Keeps Rate at 0.50%, APP at 275B
The Bank of England (BoE) held the Bank Rate at a record low stimulatory level of 0.50%, and continued with its Asset Purchase...
USD/CHF Daily Forex Technical Outlook
No change in USD/CHF’s outlook. Bullish convergence conditions in 4 hours MACD argues that a short term bottom is formed at 1.0185 but this is not confirmed by a break of 1.0388 resistance yet. Intraday outlook remains neutral for the moment. Break of 1.0388 will indicate that a short term...