forex news

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    FOREX-Euro holds near 3-wk high, Aussie finds support

    * Euro seen facing tough resistance around $1.3300 * Bond sales, German data key events this week * Aussie better bid after big fall last week By Ian Chua SYDNEY, March 26 (Reuters) - The euro held near a three-week high against the greenback on Monday, while commodity currencies such as the...
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    Forex: EUR/GBP outlook still bearish

    The choppy consolidation in EUR/GBP continued this week, having recovered most of the previous weeks losses as it trades at 0.8360 ahead of the NY close this Friday, up from 0.8314 at the weekly opening. "The bearish outlook for EUR/GBP since the last update did not follow through, but is not...
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    Yuan rises slightly against dollar

    The yuan closed slightly higher versus the dollar on Friday after the midpoint rebounded from its biggest 11-session fall on record, in line with a drop in the dollar index on Thursday in global markets. The People's Bank of China (PBOC) has signalled that yuan trade will correlate to the...
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    Who's the Best Forex Broker Today?

    Let me introduce our important web resource with 6-year-old history of successful work: Forex-Ratings.com ! The site features a lot of information on currency trading, biggest forex brokers, forex companies, forex platforms and forex strategies. Our goal is to publish unbiased information...
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    Forex-Metal Announces the Launch of an Interactive Forex News Portal

    Forex-Metal Announces the Launch of an Interactive Forex News Portal Forex-Metal, a leading online Forex and CFD market maker, is happy to announce the launch of Fx2day.net, an interactive forex news portal and education center, aimed at providing a wide range of valuable information to...
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    Yen Slumps on BoJ Intervention

    The Japanese yen dropped heavily against everything on the Forex market today, following the currency intervention by the country’s central bank. The yen declined most notably against the US dollar, demonstrating the biggest daily drop since October 2008. It also fell to the lowest rate against...
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    GBP/USD Technical Analysis For July 19, 2011

    The GBP/USD pair fell on Monday as traders shed risk and rushed for safe haven assets like the USD. The pair bounced off of the 1.60 level, but appears that it will attempt to finish near it – hardly a sign of confidence in the Pound. The pair needs to close below 1.59 in order for us to sell...
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    Daily Forex News and Analysis

    Lots of technical and fundamental analysis, daily forex news, trading signals, strategies and forecasts from industry leading banks and best analysts can be found here: EasyForexNews Free reports and daily updates, this is a must have bookmark for every serious trader. Check it out...
  9. ForexSQ

    Forex News - Technical Focus on GBPUSD .Feb.18 - ForexSQ.com

    GBPUSD: The pair is now building up strength but will have to break out of its symmetrical triangle and break above the 1.6272 level to convince the market of further gains. This will open upside risk towards its Nov’2010 high at 1.6298 with a clearance of there resuming its broader long term...
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    Ikon forex "USD/JPY might fall back"

    Early in the Asia forex market on Thursday (February 17), the forex price of USD/JPY was maintained at above 83.50 and got an adjustment there, in the previous night the highest point this forex price had reached was at 83.97. Some forex analyst pointed out that the forex price of USD/JPY...
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    Ikon forex "The rebound of gold forex price might be temporarily"

    VM Group and ABN AMRO Bank said in the Metal Monthly Magazine which was released on Tuesday (February 15) that the rebound of gold at the very beginning of the year 2011 might just be temporary. Some forex analyst said the low interest rate expectation in US, the EU sovereign debt crisis, and...
  12. ForexSQ

    ForexSQ.com - EUR/USD candlestick analysis , Feb.15

    EUR/USD currency pair is declining further after a slight rollback. Earlier on a 4-hour graph the EUR/USD has formed candlestick combination Falling Three Methods, indicating downside movement. This candlestick combination shows that the currency pair had been demonstrating upside movement for...
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    Ikon forex "AUD/USD went up to above 1.0030"

    The midterm economic prospect of the economy for RBA was quite optimistic; the forex price of AUD/USD went up to above 1.0030. Early in the Asia forex market on Tuesday (February 15), after the conference noting of RBA was released, the forex price of AUD/USD went up to the level of 1.0030...
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    Ikon forex "USD would continue to get support"

    A senior oversea forex dealer Stuart Ive said on Monday (February 14) due to the demonstrations in Yemen and Algeria as well as the step down of the president in Egypt, the tense situation in the whole Middle East was enhanced, USD would continue to get some support in the forex market. Ive...
  15. ForexSQ

    ForexSQ - EUR/USD Outlook for Cooming Week - Feb.12

    EUR/USD's break of 1.3510 support last week indicates that whole decline from 1.3860 has resumed. Initial bias remains on the downside towards 100% projection at 1.3393 and possibly below. However, we'd remain cautiously bullish in EUR/USD as long as 1.3253 cluster support (61.8% retracement of...
  16. ForexSQ

    ForexSQ.com - U.S Dollar And Swiss Franc Gain due to Egyptian crisis

    Safe-haven currencies gained further on concerns of Egyptian crisis worsening and Asian market declines and most of the Asian currencies declined. EURUSD declined to lows of 1.3552, USDCHF moved to highs of 0.9697, GBPUSD dropped to 1.6036, USDJPY rose to highs of 83.52 on expectations of...
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    Ikon forex "Initial jobless claims in US was lower than the previous expectation, USD

    According to the data of DOL which was released on Thursday (February 10), the initial jobless claims went down sharply by 36 thousand to 383 thousand in the week of February 5, and the previous expectation was 410 thousand. And this made the lowest record since July 5, 2008. Meanwhile, the...
  18. ForexSQ

    forexSQ.com -Forex Daily Technical Analysis plus Forex Forcast - Feb.10

    Forex Daily Report Forecasts said that today the European Central Bank officials may express concern today that the inflation in the European Union will gain momentum as the economy still shows signs of an ongoing recovery. This pushed the EUR near the highest level since two weeks against the...
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    Ikon forex "AUD/USD might fell down to the fair price level"

    If the employment data was worse than the previous expectation in the forex market, the forex price of AUD/USD might fall down to the fair price level. The forex price of AUD/USD was maintained at around 1.0100 early in the Asia forex market on Thursday (February 10) and got an adjustment...
  20. ForexSQ

    ForexSQ.com - EUR/USD Daily Outlook - Feb.8

    EurUsd Yesterday's bearish mood saw EURUSD slip through 1.3540 (24 Jan low) support and briefly dip below the 100-day moving average (currently 1.3532). Nevertheless, rather than starting an avalanche of selling, the pair found good bids at 1.3510 (50% fibonacci retracement of 1.5145 to 1.1876)...