Search Results for: US Dollar
Europe Stocks Fall With Russia, Commodites; Rupiah Gains
July 21st, 2014
European stocks fell and Russian equities declined for a sixth day amid mounting international condemnation of President Vladimir Putin after the downing of a passenger jet in Ukraine. Commodities dropped to the lowest since February and Indonesia’s rupiah strengthened. ...
Technical Analysis GBP/USD grinds lower
July 21st, 2014
Pair’s Outlook There are less and less arguments in favour of a rally. First, the currency pair has been failing to make any meaningful progress for the last three weeks. Second, there is a decreasing number of technical indicators ...
Technical Analysis USD/CHF wavers in face of 0.90
July 18th, 2014
Technical Analysis USD/CHF for July 18,2014 Pair’s Outlook As suspected, USD/CHF is now facing a supply area that is unlikely to give in easily to the bulls, as it successfully stopped advancement of the Greenback last quarter. Unless the ...
Technical Analysis USD/JPY returns to 101
July 18th, 2014
Technical Analysis USD/JPY for July 18/07/2014 Pair’s Outlook USD/JPY was once again thrown back to the support line of the descending triangle it has been forming since the beginning of this year. For the time being the pair keeps ...
Gold Steady Ahead of Key US Numbers
July 17th, 2014
Gold is trading just shy of the key $1300 level on Thursday. In the European session, the spot price stands at $1299.07 per ounce. On the release front, it’s a busy day with three key events, Building Permits, Unemployment ...
New sanctions cause Russian shares and rouble to tumble
July 17th, 2014
The United States imposed its toughest sanctions yet on Moscow on Wednesday, and Russian stocks and the rouble tumbled on Thursday. Safe-haven assets such as gold, yen and German bonds rose. The rouble-traded MICEX stock market dropped 2.5 percent ...
Europe Stocks Slide With Russia’s Ruble as Gold Advances
July 17th, 2014
European stocks dropped while gold and the yen rallied as new sanctions sent Russia’s ruble and bonds plunging amid efforts to curb violence in Ukraine. Chinese shares fell as new offerings locked up funds and a potential onshore-bond default ...
Australia repeals controversial carbon tax
July 17th, 2014
Australia’s government repealed a much-maligned carbon tax on the nation’s worst greenhouse gas polluters on Thursday, ending years of contention over a measure that became political poison for the lawmakers who imposed it. The Senate voted 39 to 32 ...
Technical Analysis USD/CHF jumps higher
July 17th, 2014
Technical Analysis USD/CHF 17/07/2014 Pair’s Outlook As there was no opposition from the 55-day SMA and weekly R1, the U.S. Dollar continued to gain ground. But further advancement is expected to be more difficult, considering that there is the ...
Technical Analysis USD/JPY stumbled over monthly PP
July 17th, 2014
Technical Analysis USD/JPY 17/07/2014 Pair’s Outlook Despite USD/JPY closing above 101.61/54 yesterday, the resistance represented by the 55-day SMA and monthly PP appears to be unwilling to let the price to advance further. And while the near-term technical indicators ...
