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Forex: AUD/NZD breaks higher, sets 3-week high
July 29, 2010[Story ID: 5580]
FXstreet.com (Córdoba) – AUD/NZD managed to break above the 1.2340/50 area that been capping the upside for the pair the last 3 weeks. The pair jumped over 100 pips after the RBNZ announced a rate hike by 25bps as expectation is now that they won’t hike for another few months.
The pair continued [...] -
Forex: GBP/AUD retreats from 8-day high
July 29, 2010[Story ID: 5581]
FXstreet.com (Córdoba) – The Pound printed important gains against the Aussie on Wednesday. GBP/AUD rallied over 250 pips to post a fresh 8-day high at 1.7523 before retreating slightly to close the day at 1.7460, 1.08% above its opening price.
The pair entered into a consolidation phase at mid-American afternoon, but the Aussie [...] -
Forex: AUD/JPY recovers above 78.10
July 29, 2010[Story ID: 5582]
FXstreet.com (Barcelona) – The AUD/JPY dropped nearly 40 pips from its session high above 78.20 in the early hours of the Asian session, brought lower on an appreciating yen and overall lower market sentiment. The pair however has most recently made movement once again to the upside, erasing those early losses and trading [...] -
New Zealand: M3 Money Supply decreases 3.3% in June
July 29, 2010[Story ID: 5583]
FXstreet.com (Córdoba) – The New Zealand M3 aggregate reached 204,370 million in June decreasing 3.3% over the year to June; this fall follows a 3.1% decrease the previous month. The money supply has been decreasing steadily since November 2009.
The NZD has shown no reaction and NZD/USD trades at 0.7230.
For more information, read our [...] -
New Zealand M3 Money Supply (YoY) declines to -3.3% in Jun from -3.1%
July 29, 2010[Story ID: 5584]
FXstreet.com (Barcelona) For more information, read our latest forex news. -
Forex: CHF/JPY extends lower to 82.50
July 29, 2010[Story ID: 5585]
FXstreet.com (Barcelona) – The Japanese yen continues to appreciate against other majors this morning with the Nikkei showing broad losses over the Asian session. The pressure is causing the CHF/JPY to extend downward, with the pair already shedding around 30 pips before finding support around the 82.50 zone.
The pair currently trades at 82.51 [...] -
Forex: EUR/AUD holds gains around 1.4540
July 29, 2010[Story ID: 5586]
FXstreet.com (Córdoba) – EUR/AUD closed Wednesday around 1.4545, 1.02% above its opening price, boosted mainly for a weak CPI figure in Australia and risk aversion that followed disappointing US data.
The pair is settling right below 1.4550 at early Asian trade after reaching a weekly high at 1.4598 during the last NY session. [...] -
Forex: GBP/JPY tests 136.00 support
July 29, 2010[Story ID: 5587]
FXstreet.com (Barcelona) – The British pound has weakened more than 40 pips against the Japanese yen this morning, with the pair once again testing the 136.00 support level. The downward trend is due to a strengthened yen over Asia on a lower overall market sentiment compared to previous sessions.
Currently the pair trades at [...] -
Forex: NZD/JPY looking for support at 62.90
July 29, 2010[Story ID: 5588]
FXstreet.com (Barcelona) – The New Zealand dollar dropped around 80 pips against the Japanese yen directly following the expected RBNZ rate hike to 3.00%. Most recently, the NZD/JPY continues to be pressured below over Asia as the yen appreciates on higher overall risk aversion in the marketplace.
Currently the pair trades at 62.91 [...] -
Forex: AUD/JPY heads lower along with Nikkei
July 29, 2010[Story ID: 5589]
FXstreet.com (Córdoba) – Risk aversion environment has translated into a weaker Aussie and a stronger Yen. AUD/JPY slumped from 79.30 to 78.10 on Wednesday, closing the day 1.51% below its opening price and erasing almost completely its previous weekly gains.
At late NY trade, the pair reached the lowest price this week at 77.76 [...]