'Zone' Tag

• Forex: GBP/JPY bounces back to 134.70

  July 15, 2010

  [Story ID: 5106]
  FXstreet.com (Córdoba) – The Pound is regaining some ground against the Japanese Yen. GBP/JPY started Thursday moving down and reached an intraday low at the 134.30 zone for second consecutive day. The pair bounced from the support zone and rose around 50 pips in the last couple of hours after news of Chinese [...]

  posted in Uncategorized by admin

• Forex: AUD/USD struggling to hold above 0.8800

  July 14, 2010

  [Story ID: 5121]
  FXstreet.com (Córdoba) – The pair has come under pressure at the beginning of the Asian session following the FOCM minutes, although AUD/USD is holding above the 0.8800 level. The pair has lost over 30 pips and is currently trading at the 0.8810 zone, 0.42% below its opening price.
  “Strong support however, lays around 0.8780 [...]

  posted in Uncategorized by admin

• Euro Weak, But Parity Probably Isnt in the Forex Trading Forecast

  May 17, 2010

  [Story ID: 3547]
  Euro makes an attempt at gains early in the U.S. session
  The euro is weak in forex trading, dropping down solidly below the 1.25 level. An attempt at recovery is being made right now, with the euro gaining a little bit, but, overall, the euro remains relatively weak in forex trading against the U.S. [...]

  posted in Uncategorized by admin

• Euro Sees Gains in Forex Trading

  April 29, 2010

  [Story ID: 2992]
  Stability returns to the euro zone — for now
  The euro is seeing some gains in forex trading right now. Stability has returned to the euro zone, for the time being. In currency trading, the euro is getting some help from a slight return to risk appetite on the news that U.S. jobless claims [...]

  posted in Uncategorized by admin

• Europrean Monetary Union Breaks Up

  April 1, 2010

  [Story ID: 2153]
  The end of the euro eminent
  Just as the euro was reaching record highs, thanks to the announcement that nearly 1/3 of China’s U.S. dollar currency reserves are counterfeit, another bombshell dropped. The European Monetary Union is breaking up.
  This comes as a huge shock to most investors and analysts, who were certain that the [...]

  posted in Uncategorized by admin

• Euro Struggles in Forex Trading

  March 24, 2010

  [Story ID: 1877]
  Euro selloff on the currency market
  The euro is struggling in forex trading right now, thanks to a number of developments in the European debt drama. Between Greece, and now Portugal, the euro zone has its work cut out for it.
  The initial selloff for the euro on the currency market came in response to [...]

  posted in Uncategorized by admin

• Is The Euro Zone Quietly Planning to Rescue Greece?

  January 29, 2010

  [Story ID: 129]
  Euro down in forex trading on U.S. GDP
  Even though the European Central Bank has stated publicly that it is not planning to stage a dramatic rescue of Greece’s economy, quietly euro zone leaders are contemplating their options. Greece is not so unimportant that the euro zone is ready to lose the country.
  GFT’s Boris [...]

  posted in Uncategorized by admin

• Confidence Improves in the Euro Zone

  January 28, 2010

  [Story ID: 50]
  Euro still struggling in forex trading
  Confidence is improving in the euro zone, according to the latest measures. This comes even though unemployment remains a problem in the region. However, it appears that members of the euro zone are becoming more confident in recovery, and that employment will eventually have to follow the rest [...]

  posted in Uncategorized by admin