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Sterling down / Euro sees Correction / AUD at all time high
January 19, 2012The euro rose versus the dollar and the yen in early morning trade with stronger-than-expected GDP figures from China triggering some covering of short positions. China’s GDP growth slowed slightly in the fourth quarter of last year, rising by 8.9% as compared with the same period in 2010. While this was slower than the previous [...]
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Australian Dollar at 27 year high against Sterling
January 19, 2012After a failed attempt to break through the $ 1.28 level yesterday, the euro drifted lower in late afternoon trade before regaining some ground overnight. The euro found some support in a better than expected German ZEW index for January, with the survey results coming in well ahead of expectations. This has helped to ease [...]
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Forex: GBP/USD drops to yesterday’s high ahead of UK data
January 17, 2012FXstreet.com (Barcelona) – With UK inflation and housing data just ahead, the GBP/USD dropped to… For more information, read our latest forex news. FXstreet.com: Latest News
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Portugal may face high yields on Wednesday auction
January 16, 2012FXstreet.com (Barcelona) – Portugal is going to the debt market on Wednesday to sell 11-month… For more information, read our latest forex news. FXstreet.com: Latest News
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Will the US Dollar Be in High Demand in 2012?
January 11, 2012US dollar forex trading forecast Right now, euro appears to be edging higher in forex trading, moving toward the 1.2800 level. However, euro seems to be capped — unable to get to that point. And this is likely to be a common story this year. Indeed, according to UBS, 2012 is likely to be a [...]
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Sterling gains to 15 month high against Euro
January 7, 2012The euro remains under downward pressure as we head into the first weekend of the year, starting the day below the $ 1.28 level versus the dollar and well below Stg0.83p versus sterling. As well as seeing 15-month lows versus the USD, heavy losses were also seen versus the yen overnight as the single currency [...]
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Forex: AUD/USD reaches fresh 4-week high
January 3, 2012FXstreet.com (Córdoba) – The Australian Dollar is among the best performers on Tuesday, underpinned… For more information, read our latest forex news. FXstreet.com: Latest News
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Sentiment improves but sovereign risks remain
December 21, 2011Sentiment improved over yesterday, helped by a stronger than anticipated German Ifo survey for December, some upbeat US housing market data and a successful Spanish bond auction. US housing starts and permits surged to a one and a half year high in November, reinforcing the view that the US economy will continue to see moderate [...]
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Forex: EUR/USD on relief-rally mode, intra-day high at 1.3630s
November 11, 2011FXstreet.com (Barcelona) – Asian investors are giving the Euro a jolt in detriment of the US… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex: USD/INR hits 49.49, fresh weekly high
November 3, 2011FXstreet.com (California) – The U.S. dollar is gaining on the Indian rupee in Asian trade, last… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex Flash: GBP/USD testing past Friday high – Danske Bank
October 10, 2011FXstreet.com (Buenos Aires) – Despite Pound gains seem limited this Monday, the GBP/USD trades… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex: USD/CAD pushing against 1.0460 yearly high
September 30, 2011FXstreet.com (Barcelona) – The Greenback’s bounce up from the 1.0356 area (latest daily low), at… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex: EUR/JPY fresh intraday high at 104.51
September 28, 2011FXstreet.com (Barcelona) – The Euro broke above 104.00 in the early european session, and jumped to… For more information, read our latest forex news. FXstreet.com: Latest News
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STERLING GAINS TO 18 MONTH HIGH AGAINST S.AFRICAN RAND
September 26, 2011The rand declined for a fifth day versus the euro and bonds gained on speculation the central bank will signal further rate cuts this week after the International Monetary Fund lowered its global growth estimate. The rand weakened as much as 0.6 percent to 10.5892 per euro, the weakest since Aug. 9, and traded down [...]
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Forex: GBP/USD fresh daily high at 1.6360
August 27, 2011FXstreet.com (Buenos Aires) – After spent most of this Friday in selling mode, Pound soared to… For more information, read our latest forex news. FXstreet.com: Latest News
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STERLING AT 3 MONTH HIGH AGAINST THE USD
August 19, 2011Again a lot of the action on forex markets in the past 24 hours has centered around the Swiss franc. This fell in early trade yesterday on speculation that the Swiss might either intervene directly or set a floor on the €-CHF exchange rate after the government met to discuss measures to curb the currency’s [...]
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STERLING AT 2 MONTH HIGH AGAINST THE EURO
August 8, 2011A weak round of data from the US and Europe yesterday has hit market sentiment, with July’s disappointing manufacturing ISM and PMI surveys underlining concerns about recovery in the global economy. The news of a debt deal in the US offered some support to the dollar versus the euro as did the spike in risk [...]
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Forex: EUR/USD dips to 1.4445 low at European opening
June 10, 2011FXstreet.com (Barcelona) – Euro retreat from one-month high at 1.4700 high extended yesterday to… For more information, read our latest forex news.
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Forex: USD/CHF rises to 1-week high after US trade balance
June 9, 2011FXstreet.com (Córdoba) – After moving sideways most of the week, the Greenback is rising against… For more information, read our latest forex news. FXstreet.com: Latest News
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Record Commodities Prices and the Forex Markets
April 15, 2011Propelled by economic recovery and the recent Mideast political turmoil, oil prices have firmly shaken off any lingering credit crisis weakness, and are headed towards a record high. Moreover, analysts are warning that due to certain fundamental changes to the global economy, prices will almost certainly remain high for the foreseeable future. The same goes [...]