DailyMarkets.com - Forex – GBP/USD Weekly Outlook: June 27- July 1
DailyMarkets.com - Forex – GBP/USD Weekly Outlook: June 27- July 1 |
- Forex – GBP/USD Weekly Outlook: June 27- July 1
- Forex – NZD/USD Weekly Outlook: June 27 – July 1
- Quote Of The Day: Thomas Sowell On The Cavemen
- Forex – AUD/USD Weekly Outlook: June 27 – July 1
- How To Fend Off Your Currency Trading Blues
- Forex – USD/CAD Weekly Outlook: June 27- July 1
- Forex – USD/CHF Weekly Outlook: June 27- July 1
- Crude Oil Futures – Weekly Review: June 20-24
| Forex – GBP/USD Weekly Outlook: June 27- July 1 Posted: 26 Jun 2011 07:01 AM PDT Forex Pros – pros – The pound slumped to a three-month low against the U.S. dollar last week as speculation that the Bank of England may embark on another round of quantitative easing and concerns over Greece’s debt crisis weighed.<br /><br />GBP/USD hit 1.5937 on Thursday, the pair’s lowest since March 28; the pair subsequently consolidated at 1.5956 by close of trade on Friday, tumbling 1.28% over the week.<br /><br />Cable was likely to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – NZD/USD Weekly Outlook: June 27 – July 1 Posted: 26 Jun 2011 06:47 AM PDT Forex Pros – pros – The New Zealand dollar edged lower against its U.S. counterpart on Friday, as mounting concerns that Greece’s sovereign debt crisis could worsen and spill over to the region’s banking sector prompted investors to shun riskier assets.<br /><br />NZD/USD hit 0.8080 on Thursday, the pair’s lowest since June 20; the pair subsequently consolidated at 0.8125 by close of trade on Friday, shedding 0.3% over the week.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Quote Of The Day: Thomas Sowell On The Cavemen Posted: 26 Jun 2011 06:12 AM PDT At Cafe Hayek, Don Boudreaux quotes economist Julian Simon: "Natural resources are not finite in any meaningful economic sense, mind-boggling though this assertion may be. The stocks of them are not fixed but rather are expanding through human ingenuity." Here’s a related quote about natural resources from economist Thomas Sowell in his book “Knowledge and Decisions”: “The cavemen had the same natural resources at their disposal as we have today, and the difference between their … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – AUD/USD Weekly Outlook: June 27 – July 1 Posted: 26 Jun 2011 05:53 AM PDT Forex Pros – pros – Last week saw the Australian dollar settle at an 11-week low against it U.S. counterpart on Friday, as ongoing concerns over Greece’s sovereign debt crisis saw risk aversion escalate, dampening demand for higher yielding assets.<br /> <br />AUD/USD hit 1.0454 on Thursday, the pair’s lowest since May 25; the pair subsequently consolidated at 1.0487 by close of trade on Friday, falling 1.1% over the week. It was the lowest … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| How To Fend Off Your Currency Trading Blues Posted: 26 Jun 2011 05:27 AM PDT The chart that follows was created on request by a member who trades currency. The member wanted a quick and concise chart to monitor the dominant short term cycles with the major currencies pairs. At the moment we provide currencies via their ETF symbols (FXA – Aussie, UUP – US Dollar, FXE – Euro, FXY – Yen, etc). The ETFs are excellent for finding cycles with their cash equivalents (FXE is the EURUSD, etc), and they are good for the more exotic crosses like AUDJPY or FXA divided by … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CAD Weekly Outlook: June 27- July 1 Posted: 26 Jun 2011 04:53 AM PDT Forex Pros – <br />Forexpros – Last week saw the Canadian dollar post the largest weekly decline against its U.S. counterpart in almost two months, as concerns that Greece’s sovereign debt crisis could worsen dampened demand for higher yielding assets.<br /><br />USD/CAD hit 0.9699 on Wednesday, the weeks low; the pair subsequently consolidated at 0.9884 by close of trade on Friday, surging 0.70% over the week.<br /><br />The pair is likely to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CHF Weekly Outlook: June 27- July 1 Posted: 26 Jun 2011 04:31 AM PDT Forex Pros – pros – The Swiss franc climbed to a record high against the U.S. dollar on Friday, amid a combination of fears that Greece will struggle to pass austerity measures and that the U.S. economic recovery is losing momentum.<br /><br />USD/CHF hit 0.8310 on Friday, the pair’s all-time low; the pair subsequently consolidated at 0.8333 by close of trade, tumbling 1.84% over the week.<br /><br />The pair is likely to find support at 0.8200 and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Oil Futures – Weekly Review: June 20-24 Posted: 26 Jun 2011 04:18 AM PDT Forex Pros – pros – Last week saw crude oil prices tumble to a four-month low on Friday, after the International Energy Agency announced that it would release additional supplies from strategic reserves, while a stronger U.S. dollar also weighed. <br /><br />On the New York Mercantile Exchange, light sweet crude futures for delivery in August traded at USD91.28 a barrel by close of trade on Friday, dropping 2.05% over the week. <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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