Overall sentiment in the currency markets "has soured because of falls in stock markets," said Masanobu Ishikawa, a foreign-exchange manager at Tokyo Forex ...
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WORLD FOREX:Yen At Multi-Wk Highs Vs Euro,Dlr; Weak Stk Mkts
Source: online.wsj.com
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USDCHF’s downward movement extends to 1.0801
USDCHF’s downward movement extends to as low as 1.0801 level. Resistance remains at the upper boundary of the falling price channel on...
BHP Billiton Iron Ore President Steps Down
BHP Billiton’s (NYSE:BHP) iron ore president Ian Ashby resigned from his position effective July 1st after being with his company for...
Australia May employment -1700 s/adj, much better than expected
Australia employment -1700 jobs, much better than the forecast of -30,000. The unemployment rate for May 5.7%, as expected. AUDUSD jumps immediately from 8045 to 8080. The jobs number is much much better than expected and should act as support for AUD...
With trade entry parameter range extended, GBP/USD optimum moves closer to the rest
With the trade-entry parameter range extended into the more conservative area, the GBP/USD optimization results begin to look more like those of other currency pairs, with arguably a better...
USD/JPY retrenching; Exporters seen selling rallies
Japanese exporters have returned to the stage in USD/JPY for the first time in a while. They have offers from 98.80 up through 99.00, traders report. Mid-East accounts were rumored buyers in early US trade but ran into signficant offers in the 99.80/85 region. Given Japan’s rapidly...