Business / currencies forex news stories


Business / currencies forex news stories

US Dollar, Japanese Yen Down as US Equities Break to Fresh 2009 Highs (source: Daily FX)
September 16, 2009 at 3:28 pm

. British Pound Down as UK Unemployment Levels Climb to Highest Since 1995 . Euro, Swiss Franc Reach New Yearly Highs vs. the US Dollar Ahead of SNB Policy... (source: Daily FX)

EUR/CHF: Trading the Swiss National Bank Interest Rate Decision (source: Daily FX)
September 16, 2009 at 1:56 pm

The Swiss National Bank is widely expected to hold the benchmark interest rate at 0.25% this month as policy makers anticipate growth and inflation to... (source: Daily FX)

16:47 (CET) - EurUsd (source: Alerts Feed)
September 16, 2009 at 12:54 pm

The pair rebounded 40 pips after the US CPI came out in line with expectations. Right now, the pair is trading at 1.4656 dollars per euro . In the technical aspect, the bands of Bollinger show a 32 pips volatility between th middle and upper band,... (source: Alerts Feed)

New Zealand Dollar Hits Fresh 2009 High, British Pound Under Performs (source: Daily FX)
September 16, 2009 at 11:21 am

The New Zealand dollar advanced against the greenback for the second day and surged to a fresh yearly high of 0.7142 following the rebound in risk appetite,... (source: Daily FX)

The Threat Of SNB Intervention Has Limited EUR/CHF Volatility Creating Scalping Opportunity (source: Daily FX)
September 16, 2009 at 11:13 am

The EURCHF has seen very little volatility since the Swiss National Bank intervened and with the central bank's upcoming rate decision there may be very... (source: Daily FX)

Dollar Remains Pressured - Pound Patterns Warn of Reversal (source: Daily FX)
September 16, 2009 at 10:23 am

The dollar remains vulnerable across the board with the exception being the British Pound. A short term head and shoulders top projects a move below 1.6300... (source: Daily FX)

Asia (China) Continues to Build Reserves, but Forex Diversification Slows (source: Forex Blog)
September 16, 2009 at 9:41 am

After a brief pause, the world’s Central Banks (or at least those in Asia) have begun to once again accumulate foreign exchange reserves. I’m not one for hyperbole, but the figures are downright eye-popping: “Reserves held by 11 key Asian... (source: Forex Blog)

Euro Breaks 1.4700 to Mark Fresh Yearly High, British Pound Halts Two-Day Decline (source: Daily FX)
September 16, 2009 at 7:06 am

The euro advanced against the U.S. dollar during the overnight session and reached a fresh yearly high of 1.4714 however, the three-day rally looks to... (source: Daily FX)

Euro-Zone CPI Increases 0.3% in August, Annual Rate of Inflation Weakens for Third Month (source: Daily FX)
September 16, 2009 at 5:13 am

Consumer prices in the Euro-Zone increased 0.3% in August, with the annual rate of inflation falling 0.2% from the previous year to mark the third straight... (source: Daily FX)

USD/CHF Eyes 78.6% Fib Retracment (Daily Classical) (source: Daily FX)
September 16, 2009 at 2:27 am

. Euro poised for 1.4720 break . Dollar/Yen eyes 90.00 . Cable still relatively weak . Dollar/Swiss focused on 78.6% (source: Daily FX)

British Pound Selling Continues With Unemployment to Set 12-Year High (Euro Open) (source: Daily FX)
September 16, 2009 at 1:26 am

The British Pound fell against the US Dollar in overnight trading ahead of a report that is set to show the unemployment rate hit a 12-year high of 5%... (source: Daily FX)

Euro Zone Inflation to Shrink for Third Month in August (source: Daily FX)
September 15, 2009 at 9:47 pm

The Euro Zone Consumer Price Index is set to show inflation shrank at an annual pace of -0.2% in August, confirming initial estimates. To that effect,... (source: Daily FX)

UK Unemployment Rate to Hit 12-Year High in August (source: Daily FX)
September 15, 2009 at 9:47 pm

The UK labor market is set to show continued weakness as Jobless Claims rise by 25,000 in August, pushing the unemployment rate (known in the UK as the... (source: Daily FX)

Australia Won't Raise Interest Rates Until Next Year, Says Westpac (source: Daily FX)
September 15, 2009 at 9:47 pm

Australia's Westpac leading Index added 1.1% in July, rising to the highest level in seven months. The index fell -1.8% from a year ago, the smallest decline... (source: Daily FX)

US Dollar Marks a New Yearly Low Despite a Promising Jump in Retail Sales (source: Daily FX)
September 15, 2009 at 8:41 pm

. US Dollar Marks a New Yearly Low Despite a Promising Jump in Retail Sales . British Pound Hurt by Deflation, Brown's Planned Spending Cuts . Euro Buoyant... (source: Daily FX)

Sterling Takes A Pounding - US Economy Looking Up, Dollar Going Down (source: ACM Newsletter)
September 15, 2009 at 8:00 pm

The biggest mover yesterday was GBP; UK CPI continued to be sticky, a print of 1.6% Y/Y was slightly higher than consensus, but the bullish numbers were soon overshadowed by Mervyn King's dovish comments in his address to the UK Treasury Committee. Sterlin... (source: ACM Newsletter)

Long Term EURUSD Look (source: Daily FX)
September 15, 2009 at 7:53 pm

The break of well-defined trendline support last summer signaled an end to the EURUSD bull run that began in 2000. Close inspection of price pattern since... (source: Daily FX)

GBPUSD Pattern (source: Daily FX)
September 15, 2009 at 5:17 pm

The GBPUSD decline in early European trading confirmed a short term head and shoulders top. Price has pulled back and could test resistance from former... (source: Daily FX)



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