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Forex: EUR/USD bear tone intact, support at 1.3360
November 20, 2011FXstreet.com (California) – The European single currency traded under heavy selling pressure… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex: GBP/USD under pressure, tests 1.5880 support
November 3, 2011FXstreet.com (California) – The pound has maintained its downward tendencies in Asia, breaking… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex Flash: Yen strength presses Japan to support Europe – SocGen
October 28, 2011FXstreet.com (Barcelona) – The less concerning the European debt crisis gets, the better for a… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex Flash: USD/CHF: 7-week uptrend support underpins – Commerzbank
October 14, 2011FXstreet.com (Barcelona) – Dollar retreat from multi-week highs at 0.9315 has found support at the… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex: USD/CHF sideways above two days support at 0.9000
September 26, 2011FXstreet.com (Barcelona) – The dollar remains trading between the 0.9000 psychological supports… For more information, read our latest forex news. FXstreet.com: Latest News
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Deauville Partnership Broadens Support for Mideast, North Africa
September 10, 2011Group of Seven industrial nations, plus Russia, bolstered their support for Middle East and North African countries under the Deauville Partnership, an initiative launched at a leaders’ summit last May, and welcomed moves by international financial institutions to improve coordination. IMF Survey Magazine
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Canadian Dollar Finds Support in Forex Trading
August 19, 2011Loonie higher in currency trading The Canadian dollar is finding some support in forex trading today, after some period of weakness on the currency market. Today’s cautious foray into risk is benefiting the loonie, even though oil prices are lower and providing little support. According to ActionForex, one of the reasons the Canadian dollar is [...]
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Forex Flash: EUR/USD focus on 1.4145 support line – Commerzbank
July 7, 2011FXstreet.com (Barcelona) – The Euro dropped sharply yesterday to erode cloud support, and,… For more information, read our latest forex news. FXstreet.com: Latest News
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Forex: GBP/USD in a good position to test 1.5880 support – Charmer Charts
July 7, 2011FXstreet.com (Barcelona) – The Pound attempted to bounce up yesterday to fail at 1.6090 before… For more information, read our latest forex news. FXstreet.com: Latest News
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GREEK AUSTERITY VOTE LOOMS – EURO FINDS SUPPORT FOR SELLERS
June 29, 2011The euro has edged cautiously higher versus the dollar over recent trading sessions, but met with resistance around the $ 1.4330 level as markets wait to see if the Greek parliament will approve austerity measures that are necessary for the country’s next round of funding from the EU/IMF. The country is to be hit by [...]
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IMF Outlines $3 Billion Support Plan for Egypt
June 7, 2011Egypt has reached agreement with the International Monetary Fund on a draft 12-month $ 3 billion financing package to support the country’s program of economic reforms at a crucial period as the country transitions to democracy. IMF Survey Magazine
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IMF plans Active Agenda to Support Global Recovery
May 28, 2011The IMF publishes its new work program at a time when the global economy is being buffeted by continued uncertainty in Europe, uprisings in the Middle East, and signs of overheating in some fast-growing emerging market economies. IMF Survey Magazine
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IMF Outlines Joint Support Plan with EU for Portugal
May 6, 2011The International Monetary Fund and the European Union have announced a joint financing package worth €78 billion for Portugal, aimed at reigniting growth and employment. The EU pledged a total of €52 billion. The IMF’s contribution will be €26 billion, to be provided over three years. IMF Survey Magazine
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France Backs Draghi, Building Support for the Bank of Italy Governor for ECB President
April 27, 2011Broad based support seen growing for Draghi Mario Draghi, the governor of the Bank of Italy, is garnering wide support, and could be the next ECB president. The most recent endorsement for Draghi comes from France, following the support offered by Germany’s finance minister last week. Current ECB president Jean-Claude Trichet will be stepping down [...]
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IMF Support Helping Restore Growth but Key Risks Ahead
April 25, 2011A new study finds that countries which sought financial support from the IMF in late 2008, after the failure of Lehman Brothers, are experiencing a return to growth. IMF financing helped countries stabilize their economies when their access to financial markets was seriously curtailed. IMF Survey Magazine
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US NON FARM PAYROLLS MAY SUPPORT THE US DOLLAR
April 3, 2011After drifting early in the day, the euro edged higher versus the dollar late yesterday after the ECB said that it will continue to provide ample liquidity to Irish banks. Upside versus the USD, however, was limited with talk of higher interest rates in the US by the end of the year (the Fed’s Kocherlakota [...]
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Forex: GBP/USD: Excellent support in the 1.5995/1.5975 – CharmerCharts
March 28, 2011FXstreet.com (Barcelona) – The Pound reached fresh 14-month high at 1.6400 last week, and retreated… For more information, read our latest forex news. FXstreet.com: Latest News
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Can the Pound Reach the 1.61 Level?
November 1, 2010Forex trading forecast for the sterling The U.K. pound appears to be finding some solid support in currency trading on the FX market today. Last week, the sterling saw a strong rally, and the forex trading forecast is looking forward to the 1.61 level. For now, things appear favorable for the U.K. pound. Equities are [...]
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Forex: EUR/JPY resurfaces over 112.00
September 16, 2010FXstreet.com (Barcelona) – The EUR/JPY recently dipped under the 112.00 mark finding firm support around 111.80. However following the slew of US macroeconomic data within the last hour, the pair was able to rebound around 40 pips before hitting resistance near its daily highs just above 112.20. At time of writing, the EUR/JPY has consolidated [...]
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Forex: NZD/USD drops to fresh 5-day low after US data
September 16, 2010FXstreet.com (Barcelona) – For second straight day, the NZD/USD is on the decline with the pair sliding further following a slight drop in the US initial jobless claims and jump in the PPI. The pair broke past the daily barrier around 0.7230 to reach a 5-day low in 0.7218. At time of writing, the NZD/USD [...]