Business / currencies forex news stories




EURNZD Candle Reversal Pattern (source: Daily FX)
September 29, 2009 at 5:31 pm

The EURNZD traded to a 5 day low today but closed higher on the day (and above yesterday's close) in what is known as a key reversal day (candlestick traders... (source: Daily FX)

Momentum Carries the Dollar with Little Interference from a Dense Calendar (Forex Video) (source: Daily FX)
September 29, 2009 at 5:28 pm

Tempered risk appetite trends and moderate data encourages a slow, dollar advance. Then why did GBPUSD advance on the day? (source: Daily FX)

Timing is a Critical Component of a Successful AUDUSD Range (source: Daily FX)
September 29, 2009 at 3:05 pm

Rise in risk appetite may have lost its momentum; but it has yet to be put off its pace. Looking for ranges (much less reversals) for those securities... (source: Daily FX)

EUR/USD: Trading the Change in German Unemployment (source: Daily FX)
September 29, 2009 at 2:38 pm

The euro may face increased selling pressures over the next 24 hours of trading as economists forecast German unemployment to rise 20K in September, and... (source: Daily FX)

16:30 (CET) - China's economy outlook (source: Alerts Feed)
September 29, 2009 at 12:31 pm

It's speculated that China's economy will grow 9% in 2010, and that the Bank of China will raise rates twice. (source: Alerts Feed)

Yen Trades On Technical Levels As Fundamental Factors Lose Influence (source: Daily FX)
September 29, 2009 at 10:55 am

The Yen reached an eight month high against the dollar before sharply reversing after hitting trend line support. Technical levels have started to increase... (source: Daily FX)

USD/CHF Test of 20-Day SMA Presents Opportunity For Scalpers (source: Daily FX)
September 29, 2009 at 10:55 am

Prior to September the USD/CHF was in a prolonged period of consolidated and a recent test of resistance could lead to a return to that environment. Despite... (source: Daily FX)

GBP/USD Halts Four-Day Decline, USD/CHF Reversal Gaining Momentum (source: Daily FX)
September 29, 2009 at 10:45 am

The British pound strengthen against the greenback following the slew of economic data from the U.K. and remains to be the best performing currency on... (source: Daily FX)

Euro Decline to Accelerate (source: Daily FX)
September 29, 2009 at 10:06 am

The EURUSD is testing short term channel support, which is not expected to hold. The next level of interest would be 1.4450. Today's view is of short term... (source: Daily FX)

Euro Extends Decline to Slip Below 20-Day SMA, British Pound Halts Four-Day Decline (source: Daily FX)
September 29, 2009 at 7:33 am

The British pound strengthened against the greenback as the economic docket reinforced an improved outlook for the U.K., with the exchange rate pushing... (source: Daily FX)

U.K. Mortgage Approvals Top Forecasts, Consumer Credit Falters (source: Daily FX)
September 29, 2009 at 5:31 am

Mortgage approvals in the U.K. slipped to 52.3K in August from a revised reading of 52.4K in the previous month, which topped expectations for a rise to... (source: Daily FX)

Swiss Consumption Indicator Weakens for Third Month in August (source: Daily FX)
September 29, 2009 at 5:31 am

The UBS consumption indicator weakened for the third month in August, with the index slipping to 0.658 from a revised reading of 0.747 in the previous... (source: Daily FX)

Euro Considering Close Below 20-Day SMA (Daily Classical) (source: Daily FX)
September 29, 2009 at 4:55 am

. Euro testing 20-Day SMA . Dollar/Yen upside seen . Cable looking oversold . Dollar/Swiss to 1.0500 (source: Daily FX)

British Pound in Focus Ahead of GDP, Current Account, Consumer Credit Data (Euro Open) (source: Daily FX)
September 29, 2009 at 2:20 am

The British Pound may see a volatile session in European hours, facing a busy economic calendar headlined by the final revision of Gross Domestic Product... (source: Daily FX)



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