Search Results for: currency market
Technical Analysis USD/CHF to stay above 0.90
August 11th, 2014
Technical Analysis USD/CHF for August 11, 2014 Pair’s Outlook The Greenback remains below 0.91, the last hurdle that needs to be overcome to reach this year’s high. The daily indicators are currently supportive of such a bullish scenario, but ...
Technical Analysis USD/JPY underpinned by long-term up-trend
August 11th, 2014
Technical Analysis USD/JPY for August 11, 2014 Pair’s Outlook As turned out, USD/JPY required assistance of the major rising trend-line at 101.53 in order to preserve chances to rally. And even though on the daily and monthly time-frames the currency ...
Yen Falls as Russia Eases Ukraine Tension
August 11th, 2014
The yen fell versus 14 of its 16 major peers as concern eased about tensions in Ukraine after reports last week that Russia’s warplanes ended drills and the nation is seeking to mediate between Kiev and rebel forces. The ...
China loosens monetary policy
August 11th, 2014
China loosened monetary conditions last quarter at the fastest pace in almost two years, a Bloomberg LP gauge showed, testing the waning effectiveness of credit in supporting economic growth. Bloomberg’s new China Monetary Conditions Index — a weighted average ...
Technical Analysis EUR/USD to breach 1.3335/28
August 8th, 2014
Technical Analysis EUR/USD for August 08, 2014 Pair’s Outlook EUR/USD keeps trying to push through the support at 1.3335/28, a breach of which will pave a way towards the key level at 1.33. A sell-off beyond that point may ...
Asian shares skid as Obama confirms air strikes on Iraq
August 8th, 2014
Asian shares tumbled on Friday as investors sought out safe-haven assets on growing fears that conflicts in Ukraine and the Middle East could sap global growth, extending losses after U.S. President Obama said he had authorized air strikes in ...
China July exports up 14.5 pct year-on-year, imports down 1.6 percent
August 8th, 2014
China’s surprisingly buoyant exports in July pushed its trade surplus to a record, but a drop in imports signals sluggish domestic demand that will likely call for continuing policy support to keep economic growth on track. Manufacturing appears to ...
Technical Analysis EUR/USD is a step away from 1.33
August 7th, 2014
Technical Analysis EUR/USD for August 07, 2014 Pair’s Outlook Initially EUR/USD dipped down to 1.3333, but afterwards managed to climb back to the weekly S1. Still, the selling pressure is likely to persist at least until the currency pair ...
Aussie Tumbles as Jobless Surge Revives Rate-Cut Bets; Yen Falls
August 7th, 2014
Australia’s dollar fell by the most in a month as traders revived bets on central bank interest-rate cuts after the unemployment rate jumped to the highest level since 2002. The Aussie weakened at least 0.5 percent versus all of ...
Asia stocks cautious, bonds up on Ukraine tensions
August 7th, 2014
Asian share markets got off to a cautious start on Thursday, with Japanese stocks pulling further away from six-week lows as a Russian troop build-up on the border with Ukraine sapped risk-appetite and pushed global bond prices higher. Global ...
