DailyMarkets.com - Forex Trading: GBPUSD Looks A Little Better…but Only A Little
DailyMarkets.com - Forex Trading: GBPUSD Looks A Little Better…but Only A Little |
- Forex Trading: GBPUSD Looks A Little Better…but Only A Little
- Forex Trading: EURUSD Remains In The Range
- Belarus Central Bank Lifts Interest Rate 200bps To 16.00%
- Colombia Central Bank Raises Rate 25bps To 4.00%
- USD/CAD Remains Stuck In Sideways Range After GDP Release, Tomorrow’s BOC Statement Eyed
- Forex – Dollar Gains Modestly In Subdued Holiday Trade
- Natural Gas Futures Rally To 3-week High On Warm Weather Outlook
- Forex – GBP/USD Remains Under Pressure In Thin Trade
- Forex – EUR/USD Extends Losses As Greek Uncertainty Weighs
- Crude Oil Futures Hover Above USD100 A Barrel In Light Trade
- NYFP’s Wall Street Lingo: Initial Public Offering
| Forex Trading: GBPUSD Looks A Little Better…but Only A Little Posted: 30 May 2011 11:08 AM PDT The GBPUSD has wandered lower for most of the trading day after the sharp rise last week. Absent any other stimulus for the market going up or down, the price is trying to break above trendline resistance at the 1.6468 level. In quiet days, this may be enough to solicit additional buying. The good news is risk is defined and limited. The bad news is the momentum may not benefit buyers or … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex Trading: EURUSD Remains In The Range Posted: 30 May 2011 11:01 AM PDT
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| Belarus Central Bank Lifts Interest Rate 200bps To 16.00% Posted: 30 May 2011 10:18 AM PDT The National Bank of the Republic of Belarus raised its refinancing rate by 200 basis points to 16.00% from 14.00% previously. The Nacionalny Bank Respubliki Belarus said “The decision was made considering rising consumer prices and high inflationary expectations,”. The Bank also said: “Raising the refinancing rate and the deposit interest rates is aimed at making bank deposits in Belarusian rubles more profitable as well as guarding ruble savings in banks against … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Colombia Central Bank Raises Rate 25bps To 4.00% Posted: 30 May 2011 10:04 AM PDT The Central Bank of Colombia increased its benchmark monetary policy interest rate by 25 basis points to 4.00% from 3.75% previously. The Bank also extended its $20 million dollar per day foreign exchange market purchase plan to 30 September, from an initial expiry date of 17 June. Central Bank Governor, Jose Dario Uribe, said: “Adjustments toward a less-expansive monetary policy should continue,”. Colombia reported annual inflation of 2.84% in April, compared to 3.19% in March, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| USD/CAD Remains Stuck In Sideways Range After GDP Release, Tomorrow’s BOC Statement Eyed Posted: 30 May 2011 08:12 AM PDT The Canadian economy posted a strong showing for the 1st quarter, but it wasn't enough to push up interest rate expectations ahead of the Bank of Canada interest rate meeting tomorrow. Canada is unique in that it posts its GDP on a monthly basis, so the quarterly results are a compilation of the monthly readings. However, it presents us a good comparison to measure against the US and others.
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| Forex – Dollar Gains Modestly In Subdued Holiday Trade Posted: 30 May 2011 08:01 AM PDT Forex Pros – The U.S. dollar made modest gains against its major counterparts in subdued holiday trade on Monday, as ongoing concerns over Greek sovereign debt saw the euro come under broad selling pressure.<br /><br />During European late afternoon trade, the greenback was up against the euro, with EUR/USD shedding 0.34% to hit 1.4270.<br /><br />Over the weekend, German weekly magazine Der Spiegel fanned fears that Greece might not receive the next tranche of its … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Natural Gas Futures Rally To 3-week High On Warm Weather Outlook Posted: 30 May 2011 07:55 AM PDT Forex Pros – Natural gas futures climbed to a three-week high in thin trade on Monday, amid expectations for increased demand after forecasts showed warmer-than-normal temperatures across much of the U.S. next week. <br /><br />On the New York Mercantile Exchange, natural gas futures for July delivery traded at USD4.583 per million British thermal units during U.S. morning trade, jumping 1.33%. <br /><br />It earlier rose by as much as 1.45% to USD4.588 per … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Remains Under Pressure In Thin Trade Posted: 30 May 2011 07:45 AM PDT Forex Pros – The pound remained weaker against the U.S. dollar on Monday, hovering close to the session low in thin holiday trade, as ongoing concerns over Greek sovereign debt weighed on market sentiment.<br /><br />GBP/USD hit 1.6454 during European late afternoon trade, the session low; the pair subsequently consolidated at 1.6462, shedding 0.26%.<br /><br />Cable was likely to find support at 1.6377, Friday’s low and resistance at 1.6573, the high of May … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Extends Losses As Greek Uncertainty Weighs Posted: 30 May 2011 07:28 AM PDT Forex Pros – The euro extended losses against the U.S. dollar on Monday, slipping to a fresh session low as uncertainty over how Greece’s sovereign debt crisis should be resolved continued to cast a cloud over the single currency.<br /><br />EUR/USD hit 1.4258 during European late afternoon trade, the daily low; the pair subsequently consolidated at 1.4269, shedding 0.34%.<br /><br />The pair was likely to find short-term support at 1.4124, Friday’s … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Oil Futures Hover Above USD100 A Barrel In Light Trade Posted: 30 May 2011 07:25 AM PDT Forex Pros – Crude oil futures dipped in light holiday trade on Monday, hovering above the psychologically important level of USD100 a barrel, as prices were pressured by a slightly firmer U.S. dollar and amid speculation the Organization of the Petroleum Exporting Countries increased oil production in May.<br /><br />On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded at USD100.28 a barrel during U.S. morning trade, shedding … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| NYFP’s Wall Street Lingo: Initial Public Offering Posted: 30 May 2011 03:00 AM PDT 05/30/11 Mr. Todd M. Schoenberger of LandColt Trading discusses the term I.P.O. (initial public offering) and the important role in plays in the financial … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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