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Canadian Dollar Largely Stalls Against Majors Amid Employment Data
2007-06-08 15:05:00 Source: RTTNews The Canadian dollar largely stalled versus the major currencies Friday morning in New York. The Canadian currency rose to its highest mark since October against the sterling before pulling back. The loonie lost ground versus the greenback. The Canadian dollar was mostly choppy against both the euro and yen. Trading took place amid the ... More About: Dollar , Data , Employment , Major
Swiss Franc Mixed Against Majors
2007-06-08 09:27:00 Source: RTTNews The Swiss currency showed a mixed performance against its major counterparts on early Friday in New York. While the Franc trended lower versus the Yen, it ticked up slightly against the euro and the Cable. On the other hand, the Franc moved sideways against the dollar. The German trade balance for April which was ... More About: Major , Mixed , Majors , Mixe
Yen Lost Ground Amid Weak Machinery Orders Data During Early Tokyo Trading
2007-06-08 09:20:00 Source: RTTNews The Japanese yen weakened in the Asian session on Friday likely influenced by a weak machinery orders data from Japan. Major currencies saw choppy trading against their Japanese counterpart during late New York trading on Thursday following falls in the previous session. While the recent upward trend helped the yen to reverse much of its ... More About: Lost , Tokyo , Trading , Ground , Data
Forex Technical - 06.08.07
2007-06-08 09:15:00 Source: Fore x yard.com EUR/USD After the last trading day the volatility regarding the EUR USD decreased and we expect that the EUR USD will continue to be traded in the range of 1.3423 to 1.3530. In general it seems that the EUR USD is in a downtrend directed by the 1H exponential moving averages. 1H, 4H Elliott pattern ... More About: Technical , Technic
Forex analysis - 06.08.07
2007-06-08 09:13:00 Source: Fore x yard.com USD The greenback started to show it’s first signals of bullishness yesterday after the release of the US Unemployment Claims which came out better then expected at 309K after analysts were waiting for a figure around 315K. The US Wholesale Inventories was released a bit later with a better then expected figure of 0.3%. The ... More About: Analysis , Anal
Sterling Slid After BOE
2007-06-07 22:48:00 By Yan Xu - Forexnews.com Powered by MGForex The sterling slid sharply after the Bank of England left its interest rates unchanged at 5.50. The currency fell from around 1.9920 to as low as 1.9748 versus the dollar. Though this decision has been widely expected, two more rate hikes have still been priced in. The dollar remains firm ...
Pound Declines; Bank of England Keeps Benchmark Rate Unchanged
2007-06-07 16:21:00 By Aaron Pan - Bloomberg.com June 7 (Bloomberg) — The pound dropped against the dollar and the euro after the Bank of England kept its benchmark interest rate unchanged at a six-year high. The nine-member Monetary Policy Committee, led by Governor Mervyn King, kept the Bank Rate at 5.5 percent today, as predicted by 58 of 62 ... More About: Benchmark , Mark , Line
Canadian Dollar Generally Stronger Versus Majors, Lower Against Greenback
2007-06-07 16:15:00 Source: RTTNews The Canadian dollar was generally stronger versus its major counterparts Thursday morning in New York. The loonie advanced against the euro, pound, and yen. The increase on the sterling took place amid the Bank of England’s decision to leave interest rates unchanged. Meanwhile, the Canadian dollar slid versus the greenback. There was no major ... More About: Dollar , Versus , Lower , Gene
Forex Technical - 06.07.07
2007-06-07 10:50:00 Source: Fore x yard.com EUR/USD On the 4H chart, a bullish pennant is establishing and implies a possible breakout of the 1.3523 support level which tested yet hasn’t been breach in last 4 days In the upcoming days this breakout is more than a reasonable assumption. The preferable strategy may be going long in any value below 1.3500. GBP/USD Daily chart ... More About: Technical , Technic
Forex analysis - 06.07.07
2007-06-07 10:48:00 Source: Fore x yard.com USD The greenback has been pushed off the headlines as most of the significant economic information has been coming in the form of interest rate releases from the rest of the world. The Australian Interest Rate was left unchanged at 6.25% on Tuesday night, followed by the European rate Hike to 4.00%. The New Zealand Interest ... More About: Analysis , Anal
Yen Rises; Stock Decline Fuels Risk Aversion, Pares Carry Trade
2007-06-07 08:43:00 By David McIntyre and Ron Harui - Bloomberg.com June 7 (Bloomberg) — The yen rose to a three-week high versus the dollar as declines in global stock markets caused investors to sell higher-yielding assets they bought with money borrowed in Japan. Japan’s currency also gained for a third day against the euro after the Dow Jones Industrial ... More About: Stock , Trade , Risk , Sion , Line
Euro on back foot after ECB as Aussie, kiwi climb
2007-06-07 08:39:00 By Naomi Tajitsu TOKYO, June 7 (Reuters) - The euro stayed on the back foot on Thursday after the Euro pean Central Bank did not clearly suggest how much interest rates will rise following a widely expected lift to 4 percent in the previous session. Investors remained hungry for higher-yielding currencies, pushing the Australian dollar to a 17-year ... More About: Back , Kiwi , Climb , Aussie
Euro Fell on ECB Trichet Comments
2007-06-07 00:09:00 By Yan Xu - Forexnews.com Powered by MGForex The euro fell below 1.35 against the dollar after ECB President Trichet talked down the possibilities of further rate hikes in 2008. The Euro pean Central Bank lifted interest rates from 3.75% to 4.00% as expected on its monetary policy meeting ended today. Trichet said on the post meeting conference that ... More About: Comments , Comm
New Zealand Dollar Highest Since 1985
2007-06-06 13:15:00 Source: Chron.com WELLINGTON, New Zeal and ? The New Zealand dollar rose Wednesday to its highest level since it was floated in 1985, and could go higher if the central bank raises interest rates Thursday, currency dealers said. The local currency, known as the kiwi, rose as high as US$0.7554, it’s highest value since it was allowed to ... More About: Dollar , Alan
Euro Strong Versus Pound, Down Against Rest Of Majors Ahead Of ECB Rate Dec
2007-06-06 13:13:00 Source: RTTNews The euro traded higher against the U.S. dollar and the Japanese yen, but it stood little changed against the sterling and the franc in the Tokyo session on Wednesday. In the Euro pean session, the common currency showed strength against the pound but it lost ground vis-à-vis the rest of majors. The investors are largely looking ... More About: Versus , Rest , Tron , Pound
Dollar slips before ECB, Aussie hits 17-year high
2007-06-06 11:24:00 By Eric Burroughs and Tetsushi Kajimoto TOKYO, June 6 (Reuters) - The dollar slipped for a third day against the euro on Wednesday as market players awaited a widely expected European Central Bank interest rate rise later in the session along with clues on how much higher rates could climb. The Australian dollar surged to a 17-year ... More About: Dollar , High , Hits , Aussie , Year
Yen In Slightly Downward Channel Against Pound
2007-06-06 11:23:00 Sorce: RTTNews The Japanese yen rallied against the sterling through the European and the North American sessions on Tuesday, but it trended slightly lower in late New York trading and in the Tokyo session on Wednesday. The pair collected 241.64 at about 3:00 pm ET on Tuesday, but thereafter, it remained in a channel that trended ... More About: Channel , Ward , Anne , Pound , Chan
Forex Technical - 06.06.07
2007-06-06 11:19:00 Source: Fore x yard.com EUR/USD On the 4 H chart we notice that the bullish trend is running a head. The volatility decreases and the EUR USD is in a consolidation after it has broken the 1.3505 resistance level. The price should continue to move upwards in a range of 1.3510 to 1.3610. As it seems, the bullish pressure ... More About: Technical , Technic
Forex Analysis - 06.06.07
2007-06-06 11:17:00 Source: Fore x yard.com USD Yesterday the USD continued on its bearish path and it extended its losses against the EUR and the sterling. Comments made by the Federal Reserve chairman Ben Bernanke that a slowdown in housing construction will be a drag on economic growth ?somewhat longer” than expected was the main driver of the dollar selling ... More About: Analysis , Anal
Euro Rises to Record Against Yen; ECB May Signal Higher Rates
2007-06-05 16:18:00 By Anchalee Worrachate and David McIntyre - Bloomberg.com June 5 (Bloomberg) — The euro strengthened to a record against the yen and advanced versus the dollar on expectations the Euro pean Central Bank will raise interest rates tomorrow and signal further increases this year. The euro has gained for four straight days against the yen as the extra ... More About: Record , Signal , Rise , Higher
N.Z., Australian Dollars Reach 15-Year Highs on Yen Carry Trade
2007-06-05 12:26:00 By David McIntyre - Bloomberg.com June 5 (Bloomberg) — The New Zealand and Australian dollars reached a more than 15-year high against the yen on speculation the currencies remained favorites for so-called carry trades. The two Asia-Pacific currencies led gains among 15 of the 16 most-actively traded currencies versus the yen as investors borrow at Japan’s low ... More About: Trade , Reach , Stra , Dollars
Forex technical - 06.05.07
2007-06-05 12:21:00 Source: Fore x yard.com EUR/USD On the 4 H chart we notice that the bullish trend is running out of steam and the short time scale charts are already showing a reversal signal. The Slow Stochastic is clearly overbought (crossing at 90) which only verifies our suspicions. Going short would seem to be preferable. GBP/USD On the 4 H we can ... More About: Technical , Technic
Forex analysis - 06.05.07
2007-06-05 12:19:00 Source: Fore x yard.com USD Yesterday, Monday, the dollar weakened due to weaker-than-expected factory orders in the United States. The EUR climbed to $1.3488 from $1.3443 on Friday after the U.S. Commerce Department reported orders to factories rose less than expected in April. Orders were up 0.3%. It was the weakest result in three months and less than half of ... More About: Analysis , Anal
Euro Rises to Record High Versus Yen on Search for Higher Yield
2007-06-05 09:02:00 By David McIntyre and Stanley White - Bloomberg.com June 5 (Bloomberg) — The euro rose to a record versus the yen on prospects the Euro pean Central Bank will raise interest rates tomorrow, widening the yield differential with Japan. The yen is the world’s worst performer this quarter as the lowest borrowing cost among major economies spurs investors ... More About: Search , Versus , High , Record
USD Softer Ahead of Services Report
2007-06-05 07:45:00 By Korman Tam - Forexnews.com Powered by MGForex The greenback is softer across the board, drifting to new 30-year lows against the Canadian dollar and falling back toward the 1.35-level versus the euro. The focus for the week continues to be global central bank policy, given decisions from the ECB, RBA and BoE. The US economic calendar is ... More About: Services , Report , Repo , Vice , Ahead
Dollar Drops Against Major Counterparts
2007-06-04 18:26:00 Source: RTTNews The U.S. dollar dropped against its major counterparts on Monday morning in New York. The morning saw the greenback drop to a three-week low against the sterling. Trading took place amid the mid-morning release of data that showed U.S. factory orders increased by 0.3% in April. The dollar fell against the euro in Monday morning ... More About: Dollar , Count , Counter , Major , Drop
Sterling hits near 15-yr peak vs yen, mkt eyes BoE
2007-06-04 13:52:00 LONDON, June 4 (Reuters) - Sterling hit its highest level in almost 15 years versus the yen on Monday as investors continued a trend of borrowing in the low yielding Japanese currency to fund purchases of higher return assets in carry trades. The pound also stayed on firm ground against the dollar before this week’s Bank ... More About: Eyes , Hits , Peak
Dollar hits 7-week highs vs euro after ISM data
2007-06-01 18:04:00 The dollar rose to seven-week highs against the euro on Friday after a survey showed a U.S. manufacturing index for May rose to its highest since April 2006. index of U.S. factory activity edged up to 55.0 from 54.7 in April. The median forecast had been for a reading of 54.0. Earlier today NFP turend out higher ... More About: Euro , Dollar , Data , Week , Hits
Job Growth Comes In Above Economist Estimates In May
2007-06-01 17:47:00 Source: RTTNews 6/1/2007 9:27:49 AM The U.S. economy added more jobs in the month of May than economists had been expecting, according to a report released by the Department of Labor on Friday, although the job growth was exclusively in the service sector. The report showed that employers added 157,000 jobs in May following a downwardly revised ... More About: Economist , Growth , Econ , Grow , Estimates
Dollar hits 15-year high against yen
More articles from this author:2007-06-01 17:35:00 By Jacob Saulwick - smh.com.au THE Australian dollar crashed through to a 15-year high against the yen on Friday as booming sharemarkets emboldened money market traders and ramped up demand for the local currency. After rising more than 13 per cent against the Japanese currency over the past month, the dollar was at ¥101.03 late on Friday, its ... More About: Dollar , High , Hits , Year , Doll 1, 2, 3, 4, 5, 6, 7 |
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