By admin on August 25, 2010
Global government bond yields slumped deeper into the abyss following hot on the heels of fresh data depicting economic weakness. However, the rally has been erased as investors glance back over their shoulders at just how far interest rates have come during an inactive era for official monetary policy. The Read More Bond Rally Runs [...]
Posted in Forex News | Tagged bad, bond, despite, more, news, of, out, rally, runs, steam
By admin on August 15, 2010
The US dollar performed rather well against other major currencies this week, despite the concern for the US economy. In fact, actually the concern for the economic growth was one of the reasons the other currencies fell versus the greenback.(…)Read the rest of Good Week for US Dollar Despite Troubles with US Economy (155 words) Posted on Forex News. Read More Good Week for US Dollar Despite [...]
Posted in Forex News | Tagged despite, dollar, economy, for, good, troubles, us, week, with
By admin on July 17, 2010
FXstreet.com (C?rdoba) ? The Pound posted the biggest weekly close in almost three months against…
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Read More Forex Cable ends week higher despite Fridays decline
Related PostForex EUR USD ends week lower despite Fridays rallyForex Despite falling on Friday, Cable ends week with gainsForex GBP USD Cable ends week [...]
Posted in Forex News | Tagged cable, decline, despite, ends, forex, fridays, higher, week
By admin on July 14, 2010
It was another yoyo session for currencies overnight with the EUR trading lower initially following Moody’s double downgrade of Portugal’s debt and a mixed German ZEW survey ? economic sentiment softer but current conditions firmer. The single currency eased off to 1.2522 however the rebound was soon forthcoming following a Read More Risk Takes Off [...]
Posted in Forex News | Tagged a, despite, downgrade, for, moodys, off, portugal, risk, takes
By admin on June 24, 2010
Australia’s PM Rudd made a quick exit after it became clear that he had lost his party’s confidence, and the new PM Gillard has promised to review the mining tax though it seems less certain from the news flow today whether the tax faces elimination or simply new terms. Read More AUD Falls Despite Rudd [...]
Posted in Forex News | Tagged aud, despite, exit, falls, rudd
By admin on May 10, 2010
The current volatility in the market has left us with very little discernable patterns amongst major pairs and few candidates for which to execute a range strategy. Therefore, we are targeting the one pair that has remained within the bounds of its longer-term pattern in the NZD/USD. Unfortunately, today’s pull back has left the pair [...]
Posted in Forex News | Tagged broader, channel, despite, holds, nzd, usd, volatility