Sunday, August 28, 2011

DailyMarkets.com - Forex – NZD/USD Weekly Outlook: August 29 – September 2

DailyMarkets.com - Forex – NZD/USD Weekly Outlook: August 29 – September 2


Forex – NZD/USD Weekly Outlook: August 29 – September 2

Posted: 28 Aug 2011 06:46 AM PDT

Forexpros – Last week saw the New Zealand dollar surge to a seven-day high against its U.S. counterpart on Friday, after comments by Federal Reserve Chairman Ben Bernanke boosted demand for higher yielding assets.<br /><br />NZD/USD hit 0.8416 on Friday, the highest since August 17; the pair subsequently consolidated at 0.8403 by close of trade, rallying 2.68% on the week, the first weekly gain since mid-July.<br /><br />The pair was likely to find support at 0.8211, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – AUD/USD Weekly Outlook: August 29 – September 2

Posted: 28 Aug 2011 06:11 AM PDT

Forexpros – Last week saw the Australian dollar rally to a seven-day high against its U.S. counterpart on Friday, after Federal Reserve Chairman Ben Bernanke said the central bank remained prepared to provide more support to a weak U.S. economy, while comments from Reserve Bank of Australia Governor Glenn Stevens also lent support.<br /><br />AUD/USD hit 1.0591 on Friday, the highest since August 17; the pair subsequently consolidated at 1.0569 by close of trade, jumping 1.78%, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/CAD Weekly Outlook: August 29 – September 2

Posted: 28 Aug 2011 04:51 AM PDT

Forexpros – Last week saw the U.S. dollar drop sharply against its Canadian counterpart on Friday, as the greenback came under pressure after Federal Reserve Chairman Ben Bernanke said the central bank was ready to provide more support to a weak U.S. economy. <br /><br />USD/CAD hit 0.9790 on Thursday, the lowest since August 25; the pair subsequently consolidated at 0.9811 by close of trade on Friday, slumping 0.92% on the week, the first weekly decline since mid-July. <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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Posted: 28 Aug 2011 04:49 AM PDT

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Crude Oil Futures – Weekly Review: August 22 – 26

Posted: 28 Aug 2011 04:14 AM PDT

Forexpros – Crude oil prices inched higher on Friday, bouncing off a four-day low after Federal Reserve Chairman Ben Bernanke said the central bank was ready to provide more support to a weak U.S. economy, while investors monitored the progression of Hurricane Irene. <br /><br />On the New York Mercantile Exchange, light sweet crude futures for delivery in October traded at USD85.47 a barrel by close of trade on Friday, jumping 3.75% over the week, its first weekly gain in five. … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/JPY Weekly Outlook: August 29 – September 2

Posted: 28 Aug 2011 04:05 AM PDT

Forexpros – The U.S. dollar fell sharply against the yen on Friday, erasing the week&rsquo;s gains to trade close to the pair&rsquo;s all-time low as fresh concerns over the U.S. economic recovery dampened demand for the greenback.<br /><br />USD/JPY hit 77.69 on Thursday, the pair&rsquo;s highest since August 9; the pair subsequently consolidated at 76.65 by close of trade on Friday, slipping 0.11% over the week.<br /><br />The pair is likely to find … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/CHF Weekly Outlook: August 29 – September 2

Posted: 28 Aug 2011 03:31 AM PDT

Forexpros – Last week saw the U.S. dollar spike to a five-week high against the Swiss franc on Friday, after Federal Reserve Chairman Ben Bernanke stopped short of announcing fresh monetary stimulus, before paring gains amid concerns over the outlook for U.S. economic growth.<br /><br />USD/CHF hit 0.8149 on Friday, the pair&rsquo;s highest since July 25; the pair subsequently consolidated at 0.8059 by close of trade on Friday, gaining 1.93% over the week.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Gold Futures – Weekly Review: August 22 – 26

Posted: 28 Aug 2011 03:24 AM PDT

Forexpros – Gold futures rose sharply on Friday, trimming a weekly loss, as Federal Reserve Chairman Ben Bernanke said the central bank remained prepared to implement fresh measures to stimulate the faltering U.S. economy.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery settled at USD1,827.65 a troy ounce by close of trade on Friday, slumping 1.72% over the week, the first weekly loss since late June.<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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