Forex blog by FX-BAR the free Forex toolbarForex blog by FX-BAR the free Forex toolbarForex blog by FX-BAR. Relevant Forex news and Forex articles regarding the Forex market and Forex toolbar Articles
Forex Technical - 06.28.07
2007-06-28 10:38:00 Source: Fore x yard.com EUR/USD On the 4 H chart we can see that the bullish trend which started yesterday is out of steam and a reversal is occurring at the moment. It is important to notice the neutral channel which is establishing over the last four days. Slow stochastic is due to cross at 90 and momentum at ... More About: Technical , Technic
Forex Analysis - 06.28.07
2007-06-28 10:36:00 Source: Fore x yard.com USD Yesterday provided us with a mix day of data which was published in the US and led to the strength of the USD while a reduction was expected. Data such as: Durable Goods Orders, Core Durable Goods Orders and Crude Oil Inventories. The USD has strengthened mainly due to the FOMC meeting and despite ... More About: Analysis , Anal
Euro Remains Weak Against Yen And Dollar, Bouncing Back To Pound And Franc
2007-06-27 12:35:00 (RTTNews) - The euro declined against all its major counterparts in the Asian deals on Wednesday, but in the Euro pean session, its directions were changed. However, the single currency remained down from its previous day’s close against the yen and the greenback, while it rebounded versus the European majors. These pairs are now trading a ... More About: Dollar , Back , Pound , Doll
Forex Technical - 06.27.07
2007-06-27 10:41:00 Source: Fore x yard.com EUR/USD The daily chart is failing to breach the upper barrier of the bearish channel and maintain the range trade which is limited to 1.3379 - 1.3466 Fibonacci levels. The 4 H chart is trying to break the 1.3435 Fibonacci level in its bearish trend and in case it fails to do so we expect ... More About: Technical , Technic
Forex Analysis - 06.27.07
2007-06-27 10:39:00 Source: Fore x yard.com USD Yesterday the USD continued on its bearish path but the decline seemed to be stabilizing ahead of the much anticipated 2-day Federal Reserve meeting which starts later on today. Traders have been profit taking ahead of the FOMC but were reluctant to drop the greenback much lower yesterday. The market seems to be holding ... More About: Analysis , Anal
Yen Rises for a Third Day as Investors May Unwind Carry Trades
2007-06-27 09:52:00 By David McIntyre and Kosuke Goto - Bloomberg.com June 27 (Bloomberg) — The yen strengthened for a third day as declines in emerging market bonds and stocks prompted investors to pare holdings of higher-yielding assets funded by loans in the currency. Japan’s yen rose against riskier currencies including the Indonesian rupiah and Malaysian ringgit after Finance Minister ... More About: Investors , Rise , Third Day , Unwind , Third
N.Z. Dollar Falls From 22-Year High on Consumer Confidence Drop
2007-06-27 09:48:00 By Emma O’Brien - Bloomberg.com June 27 (Bloomberg) — New Zealand’s dollar dropped from a 22-year high after a survey showed consumer confidence fell for a second consecutive quarter, adding to signs the central bank won’t raise interest rates again this year. A Westpac Banking Corp./McDermott Miller consumer sentiment index dropped 6.3 percent in the second quarter. ... More About: Dollar , Consumer , Confidence , High , Fall
Japanese Yen Strengthens Against Majors During Early Asian Deals On Tuesday
2007-06-26 14:27:00 (RTTNews) - The Japanese Yen showed strength against its major counterparts during the early Asian deals on Tuesday . However, in the late New York deals on Monday, the Yen moved sideways against the Swiss Franc, but it was higher versus the rest of majors. The Japanese corporate service price index data for the month of ... More About: Early , Major
Sterling Weakens Further To Yen, Choppy To Other Majors
2007-06-26 14:25:00 (RTTNews) - The sterling added to losses from the previous session against the yen while seeing choppy dealing against the dollar and euro Tuesday morning in New York. With no major data expected Tuesday, traders await Thursday’s UK house prices data. The sterling gave back early gains to the euro Tuesday morning in New York, slipping ... More About: Major , Majors
Forex Technical - 06.26.07
2007-06-26 14:22:00 Source: Fore x yard.com EUR/USD On the 4 H chart we notice that the bullish trend might running ahead. The volatility increased, especially after the US dollar continued to weaken against the EUR with the EURUSD trading up to 1.3473 highs. The price should continue to move upwards in a range of 1.3400 to 1.3515. As it stands, the ... More About: Technical , Technic
Forex Analysis - 06.26.07
2007-06-26 14:19:00 Source: Fore x yard.com USD Yesterday as the USD was suffering from an uneventful day, the major figure on tap the U.S. Existing Home Sales which came close to forecast at a 5.99mn pace in May, dropping by -0.3% over the month. However, more ominous was the rise in the inventory of homes for sale which spiked up to ... More About: Analysis , Anal
Yen Moves Little On Monday Against World Counterparts
2007-06-25 21:15:00 (RTTNews) - The yen moved little against its counterparts in trading on Monday afternoon. The currency moved with little economic news from the area. In trading against the sterling on Monday afternoon, the Japanese currency saw little direction. The yen moved between a low of 247.76 and a high of 246.51. On the whole, the Japanese ... More About: World , Counter , Onda , Moves
Australian, New Zealand Dollars Gain as Yields Lure Investors
2007-06-25 10:51:00 By David McIntyre and Emma O’Brien - Bloomberg.com June 25 (Bloomberg) — The Australian and New Zeal and dollars rose to the highest in around two decades on speculation investors were attracted to the yield advantage of the countries’ bonds over U.S. debt. The two currencies are the world’s biggest gainers this month as New Zealand’s 8 percent ... More About: Investors , Alan
U.K. Pound Rises Above $2 on Speculation Rates to Keep Rising
2007-06-25 10:49:00 By Anchalee Worrachate and Lukanyo Mnyanda - Bloomberg.com June 25 (Bloomberg) — The U.K. pound pushed through the $2 barrier for the first time since May 2 on speculation Bank of England Governor Mervyn King will this week tell lawmakers he’s ready to keep raising interest rates. The pound also gained against the euro before a report ... More About: Rise , Pound , Rates , Rate
Forex Technical - 06.25.07
2007-06-25 10:41:00 Source: Fore x yard.com EUR/USD The pair has made a significant move from 1.3260 to the 1.3450 levels and according to the daily charts is heading strongly to 1.3500. If a break will occur beyond that level, we might see a violent move following. If a break will not happen, the pair will probably range trade between 1.3350/1.3450. GBP/USD The cable ... More About: Technical , Technic
Forex Analysis - 06.25.07
2007-06-25 10:39:00 Source: Fore x yard.com USD Last week with little in the way of news releases, the greenback weakened a bit against most currencies apart from the JPY. It looks as if the carry trades are stronger than the general market trend. Towards the end of last week, we saw a glimpse of positive news for the USD as ... More About: Analysis , Anal
Dollar Mixed Against Southeast Asian Currencies On Monday
2007-06-25 09:28:00 (RTTNews) - The US dollar saw a mixed dealing against its Southeast Asian counterparts on Monday . While the dollar surged versus the Malaysian Ringgit, it slipped against the Hong Kong dollar. However, the US dollar traded in a loose range versus the Singapore dollar, but it held steady with the Thai Baht. Against the Philippine peso, ... More About: Dollar , Currencies , Mixed
Dollar Trades Near 3-Week Low as Housing Slump May Slow Growth
2007-06-25 09:25:00 By David McIntyre and Ron Harui - Bloomberg.com June 25 (Bloomberg) — The dollar traded near a three-week low against the euro on speculation a report will show U.S. home sales fell to the weakest in almost four years. The currency was also close to trading above $2 per British pound for the first time since May ... More About: Dollar , Housing , Growth , Week , Slow
Swiss Franc Surges Across The Board During European Session On Friday
2007-06-22 13:58:00 (RTTNews) - The Swiss Franc surged against its major counterparts during the European session on Frida y . The uptrend helped the Franc to trade above 100-mark versus the Yen, which is the new multi-year high for the pair. On the other hand, the Franc fetched the 10-day high against the dollar, 1-week high versus the Euro ... More About: Board
Forex Technical - 06.22.07
2007-06-22 13:56:00 Source: Fore x yard.com EUR/USD After dipping on the 1.3370 level, the pair now consolidates around 1.3390 with mixed signals on the daily studies. The hourlies are slightly bearish which indicates that selling on tops might be preferable today. GBP/USD The pair is range trading for several days after a very steady uptrend which seems to be calmer. The daily charts ... More About: Technical , Technic
Forex Analysis - 06.22.07
2007-06-22 13:55:00 Source: Fore x yard.com USD It has been a very strong day for the greenback yesterday regarding news events as both of the releases came out stronger than expected. The first release was the leading Index which measures overall economic health by combining ten leading indicators including average weekly hours, new orders, consumer expectations, housing permits, stock prices, and ... More About: Analysis , Anal
Euro Falls To 2-week Low Versus Franc, Hits Record High Versus Yen
2007-06-22 13:48:00 (RTTNews) - The Euro pean currency weakened against the Swiss franc but registered gains against the rest of majors, Friday in the European session. The Swiss currency strengthened against the euro amid report from the SECO revealed upwardly revised growth and inflation forecasts for Switzerland. Lately, a surprisingly lower German June IFO business climate index weakened the euro ... More About: Week , Versus , High , Hits
Yen Falls to 4 1/2-Year Low Against Dollar as Carry Trades Rise
2007-06-22 07:35:00 By Stanley White and Ron Harui - Bloomberg.com June 22 (Bloomberg) — The yen fell to a 4 1/2-year low against the dollar as investors borrowed Japan’s currency to buy higher-yielding assets in the U.S., Britain and New Zealand in so-called carry trades. The currency this week reached a record low versus the euro, the weakest since ... More About: Dollar , Rise , Fall , Year , Falls
Aussie Hits 16-Year High Versus Yen, Weakens Slightly Against Other Majors
2007-06-22 07:25:00 (RTTNews) - During late Thursday in New York, the Australian dollar surged versus the Japanese Yen. The uptrend helped the pair to hit the 16-year high of 105. On the other hand, the Aussie weakened slightly against the other major currencies. The Australian manufacturing activity data for Q2 which was released during the session is ... More About: Versus , High , Hits , Major , Majors
U.S. Dollar Higher Against Yen, Down Against Rest Of Majors Versus Thursday
2007-06-22 07:23:00 (RTTNews) - During late New York trading on Thursday , the U.S dollar trended slightly higher against most of its key counterparts, following a surge and its reversal in the early deals. However, the greenback moved in a loose range against the sterling in this time period. On Thursday, the New York deals were closed with the ... More About: Dollar , Versus , Rest , Higher
Forex Technical - 06.21.07
2007-06-21 10:34:00 Source: Fore x yard.com EUR/USD Daily charts show the beginning of a bearish trend which might breach the bearish channel boundaries and then a reversal will take this pair to consolidate at 1.3640 (long term). Meanwhile a bearish falling wedge is observed on the 4 H chart however there is an upcoming reversal which is expected to test the ... More About: Technical , Technic
Forex Analysis - 06.21.07
2007-06-21 10:31:00 Source: Fore x yard.com USD The U.S. dollar was mostly lower against other major currencies in Wednesday’s late European trading, and remained flat against the yen in Asian trading Wednesday as the market took a breather from the recent bout of yen-selling. Also yesterday, the dollar weakened against the British pound, which rose to $1.9929 from $1.9869 after the ... More About: Analysis , Anal
Yen Trades Near Four-Year Low Versus Dollar on Capital Outflows
2007-06-21 10:17:00 By Kosuke Goto and Ron Harui - Bloomberg.com June 21 (Bloomberg) — The yen traded near the weakest in more than four years versus the dollar and a record low against the euro on speculation Japanese workers being paid bonuses this month will invest overseas for higher returns. Finance companies will market more than 1.5 trillion yen ... More About: Dollar , Versus , Capital , Year , Flow
Dollar Higher Across The Board Early Thursday In Asia
2007-06-21 10:13:00 (RTTNews) - The U.S dollar strengthened across the board during early Tokyo trading on Thursday . The greenback gained ground against its counterparts when the yen suffered broad weakness amid economic news from Japan. The Japanese merchandise trade balance data for May was released at 7:50 pm ET on Wednesday, which showed that the trade surplus recorded ... More About: Asia , Dollar , Board , Early
Euro Nears Record High Versus Yen; Little Changed To Other Majors
More articles from this author:2007-06-15 15:29:00 (RTTNews) - The euro accelerated to the upside against the yen and held steady against other majors Friday morning in New York. Trading took place amid the release of data showing that Euro zone trade surplus declined to EUR1.8 billion in April. The euro raced higher against the yen Friday morning in New York, moving up ... More About: Versus , High , Record , Major 1, 2, 3, 4, 5, 6, 7 |
|
 |
|
 |
