FOREX-Euro firm vs dlr ahead of ECB cash boost; yen choppy
(Reuters
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29/02/2012)
The euro traded close to a three-month high against the U.S. dollar on Tuesday ahead of an injection of cheap cash from the European Central Bank that looked set to boost risk appetite and fuel short-term gains in the single currency. It also advanced
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Forex - EUR/USD climbs on Greek bailout deal, confidence
(Forexpros
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29/02/2012)
The euro advanced against the U.S. dollar Tuesday, as the approval of the Greek bail out deal and climbing German consumer confidence increase risk sentiment in the euro zone. EUR/USD pulled back from 1.3469, the session high, to hit 1.3457 in mid U.S.
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Forex Flash: USD/CAD outlook remains bearish - Scotiabank
(FXstreet
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29/02/2012)
After yesterday’s completion of a bearish Hikkake pattern on the daily timeframe chart, suggesting potential for bearish price action in the days ahead, USD/CAD has slid to 0.9940 from 0.9990 as we near the end of global trading this Tuesday. With no
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FOREX-Euro rises ahead of ECB move feeds risk appetite
(Reuters
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29/02/2012)
The euro gained against the U.S. dollar on Tuesday ahead of an injection of cheap cash from the European Central Bank, but the session was volatile as buyers paused on news Ireland will hold a referendum on Europe's new fiscal treaty. The announcement
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Forex - USD/CHF lower, focus on ECB liquidity move
(Forexpros
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29/02/2012)
The U.S. dollar was lower against the Swiss franc on Tuesday, as sentiment was lifted after Germany’s parliament approved a second bailout for Greece and investors awaited a new liquidity operation by the European Central Bank. USD/CHF hit 0.8951 during
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FX EUR/GBP: Supported pre-0.8464 after ECB/Greek bond news
(FXstreet
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29/02/2012)
EUR/GBP elicited support ahead of 0.8464 (Asian session base) after falling from a late Asian session intra-day high of 0.8488 under the influence of the ECB's announcement that it has decided to temporarily suspend the eligibility of Greek bonds used as
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Forex - USD/JPY higher, eyes on Greece
(Forexpros
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29/02/2012)
The U.S. dollar was higher against the yen on Tuesday, after Germany’s parliament approved a second bailout for Greece and as investors looked ahead to a second liquidity injection from the European Central Bank. USD/JPY hit 80.72 during early European
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US dollar exchange rate down at KD 0.276
(KUNA
-
29/02/2012)
Exchange rate of the US dollar against the Kuwaiti dinar was down at KD 0.276, while the euro increased to KD 0.373, said the daily bulletin of the Central Bank of Kuwait (CBK) on Wednesday. The exchange rate of the Sterling pound was up to KD 0.440. The
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Euro edges up ahead of ECB cash injection
(Guardian.co.uk
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29/02/2012)
The euro and commodity currencies edged higher on Wednesday as hopes that European banks will take up a large offer of cheap three-year cash from the European Central Bank bolstered risk appetite. The euro inched up 0.1 percent to $1.3470, holding right
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Rupee strengthens by 16 paise to 48.91 vs dollar
(The Hindu Business Line
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29/02/2012)
The rupee gained 16 paise to 48.91 against the US dollar at the Interbank Foreign Exchange market in early trade today on increased foreign fund inflows. Dealers said increased foreign funds inflows mainly supported the rupee. Also, gains in euro against
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Forex Flash: USD/CAD outlook remains bearish - Scotiabank
(NASDAQ
-
29/02/2012)
After yesterday's completion of a bearish Hikkake pattern on the daily timeframe chart, suggesting potential for bearish price action in the days ahead, USD/CAD has slid to 0.9940 from 0.9990 as we near the end of global trading this Tuesday. With no
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Forex: AUD/JPY holding above 87.00
(FXstreet
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29/02/2012)
AUD/JPY is currently trading at 87.06, retreating slightly from recent session and day highs at 87.13, same level as yesterday's highs. The cross is unable to get back to previous weekly highs made past Monday during first hours at 87.45, highest since
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Forex: EUR/CAD; techs suggest further bullish action – GFT
(FXstreet
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29/02/2012)
EUR/CAD has traded in range between 1.3349 and 1.3413 this Tuesday, last quoted near the top of the range at 1.3405, gaining 0.18% on the day. From a technical standpoint, the rally from lows below 1.2900 may likely continue for another 100-pips, says
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Forex: EUR/USD could fall with LTRO – FXMR
(NASDAQ
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29/02/2012)
FX Market Report analysts have a different outlook regarding the ECB's second LTRO results in comparison to the first one. In December, the easy money served well the banks, as they got money at 1% and bought government bonds at 5.6-7% yields. "The
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Forex: EUR/USD slides from highs after poor US durable data
(NASDAQ
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29/02/2012)
After trading higher from levels close to 1.3390 and reaching intra-day highs at 1.3460, the euro has been pricing sideways against the Dollar between 1.3435 and 1.3455 but after the worst-than-expected US durable goods data releases today, the Pair pas
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Forex Flash: Oil price worries as central banks boost liquidity
(FXstreet
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29/02/2012)
The ECB’s second LTRO will be launched tomorrow and is expected to provide around €470bn to the European financial system. The US remains dovish, with low rates and the finger close to the QE button. However, the high oil prices are worrying the
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Forex: AUD/USD spikes lower on Irish vote
(FXstreet
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29/02/2012)
AUD/USD saw a quick spike lower as the safe-haven Greenback benefited from uncertainty spurred by the announcement that Ireland will hold a referendum on the EU fiscal treaty. AUD/USD dropped nearly 30 pips and hit a fresh daily low of 1.0727 before
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US dollar exchange rate remains at KD 0.277
(KUNA
-
28/02/2012)
Exchange rate of the US dollar against the Kuwaiti dinar was again unchanged at KD 0.277, while the euro increased to KD 0.371, said the daily bulletin of the Central Bank of Kuwait (CBK) on Tuesday. The exchange rate of the Sterling pound was up by KD
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Yen off lows as exporters buy in month-end trades
(Guardian.co.uk
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28/02/2012)
The yen on Tuesday pulled further away from a 9-month low plumbed the day before, bolstered by aggressive month-end buying by Tokyo exporters, though the currency may remain weak, traders said. A record trade deficit, shrinking current account surplus
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Rupee snaps 3-day gain on inflation worries
(Business Standard
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28/02/2012)
The rupee snapped a three-day gain on speculation that a rally in oil prices would spur inflation and threaten efforts to boost economic growth. Crude oil for April delivery traded at $108.55 a barrel in New York and has gained 10 per cent this month.
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FOREX-Yen off lows as exporters buy in month-end trades
(Reuters
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28/02/2012)
The yen on Tuesday pulled further away from a 9-month low plumbed the day before, bolstered by aggressive month-end buying by Tokyo exporters, though the currency may remain weak, traders said. A record trade deficit, shrinking current account surplus
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Forex: USD/CAD 'false-breaks' resistance near 1.0020
(FXstreet
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28/02/2012)
The Canadian dollar started the week moderately bid against the greenback, with USD/CAD opening at 0.9978 versus 0.9995 late Friday, but the cross managed to rally to a 7-day high in the 1.0050 price zone as investors displayed caution after the
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UPDATE: HSBC Reports Strong Growth In Forex Revenues In 2011
(The Wall Street Journal
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28/02/2012)
HSBC Holdings PLC (HBC) provided further evidence Monday that banks are depending on a strong performance ... For more on this Click Here
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FOREX-Yen off 9-month low vs dollar; euro eases
(Reuters
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28/02/2012)
The Japanese yen recovered from a nine-month low against the dollar on Monday as investors decided the greenback's 5.5 percent advance against the Japanese currency this month was too far, too fast. Although most analysts expected dollar/yen to rise
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The Forex Trading Week Ahead
(MoneyShow
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28/02/2012)
On Friday, Greece issued the formal invitation to bondholders to exchange their Greek debt for new bonds and take an approximately 75% loss in the process. Without getting into all the nitty-gritty details, the key for us is the rate of creditor
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