Dollar, yen hold near week's highs vs euro, Aussie, kiwi * Dollar briefly hits 2-month low vs ... losses. Against the yen, the euro hit its lowest in two weeks at 128.87 yen but later in the day it was up 0.1 percent on the day at ...

forum topic - azka - 2009-05-14 17:44 - 0 comments

... to see progress” toward a recovering economy even as it is “still under severe stress.” said President Barack Obama ... he and his top advisers are setting the stage in coming weeks for other steps to bolster the economy. “Over the next several ...

forum topic - azka - 2009-04-11 23:07 - 0 comments

... whole move is happening very fast and it makes one wonder as to how easy is to be sustained! As long as the pair does not fall below ... correction of the big downside we witnessed these last few weeks? Or is there more to it? The economic calendar today had a few ...

forum topic - azka - 2009-03-20 02:08 - 0 comments

... low against the dollar and a three-week trough versus the yen on Monday due to uncertainty over policy steps the European Central Bank ... no details of unconventional steps * Yen gains broadly as share prices fall * Aussie retreats from a 6-mth peak vs euro The ...

forum topic - azka - 2009-04-21 06:03 - 0 comments

... fell the most versus both the greenback and the Japanese yen, as high-yielding currencies fall out of favor while demand for ... surprised to see a bounce in these carry trades in coming weeks, the trend remains bearish and should ultimately continue to benefit the ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

... tend to look at the big picture holding onto trades for weeks or months. Download ...

forum topic - azka - 2009-04-29 04:02 - 0 comments

... showed that UK economy will continue to shrink next year as well and the level of damage is too big to fix just yet. Analysts now have ... opens the way for further gains towards 0.85 in the coming weeks. Let’s not forget that the pair’s trading patterns has changed in the ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

... to offer good insights on how to play the FX market as most major pairs are very correlated with the S&P 500 presently. ... more likely. As was noted in this letter a couple of weeks back, the previous two data points historically that likely mimic the ...

forum topic - azka - 2008-12-04 03:31 - 0 comments

... on currency markets last Monday was noticeable. Dollar yen dropped below 93.00 and hovered near record lows and sterling dollar fell 600 pips. From that Monday, the ECB ...

forum topic - azka - 2008-12-08 00:13 - 0 comments

... USD/CAD get a nice bounce off of support at 1.1800 today as the price of oil dropped from around $50 per barrel to below $43 per barrel. ... than anticipated—which means demand for oil in the near term will most likely be lower. Since demand is going to be lower, the ...

forum topic - azka - 2009-01-09 01:17 - 0 comments

... it gets better”… EUR/USD closed near its daily highs on Friday and is still trading within ranges of ... Somehow traders feel safer buying the dollar and the yen in times of crisis and this is the key to dollars power. When this stops, ...

forum topic - azka - 2008-12-08 23:06 - 0 comments

EUR-USD Corrective dips should ideally halt near 1.2884 or 1.2854 for one more thrust upwards towards 1.2915 - 1.2946 area ...

forum topic - azka - 2009-02-16 11:54 - 0 comments

... relative safety of the U.S. dollar (USD) and the Japanese yen (JPY). Investors push up demand for the USD because they are buying ...

forum topic - azka - 2008-12-04 03:31 - 0 comments

... 1.30 was done and dusted in a matter of minutes! As long as the pair trades below the later level, it may be open for further ... is the clear winner of this week and together with the yen are showing that traders are exiting all other currencies, especially the ...

forum topic - azka - 2009-01-21 23:36 - 0 comments

... intervention plans by the central bank, to weaken the Yen. In Australia, the quarterly PPI is forecasted at 0.4%, as well as the NAB Business Confidence. UBS will publish the UBS ...

forum topic - azka - 2009-01-25 19:28 - 0 comments