(eToro Blog) Analysts have been surprised at the Aussie Dollar’s strength since November, when the pair bounced off support at 0.9700. The AUD/USD pair has rallied over 700 pips since then and the currency is expected to continue to strengthen. The…
(eToro Blog) Analysts have been surprised at the Aussie Dollar’s strength since November, when the pair bounced off support at 0.9700. The AUD/USD pair has rallied over 700 pips since then and the currency is expected to continue to strengthen. The…
The trend line, now at 98.17, has been recast as near-term resistance. Daily Chart – Created Using FXCM Marketscope 2.0 The recovery in risk appetite bodes well for gold prices, weighing on the safe-haven US Dollar and thereby offering the metal …
Daily Chart – Created Using FXCM Marketscope 2.0 Spot Gold (NY Close): $1666.57 // -45.03 // -2.63% Gold prices are on the upswing heading into the opening bell on Wall Street as the recovery in risk appetite weighs on the safe-haven US Dollar …
While day-to-day fluctuations in the euro and investor risk appetite are hard to predict, the single currency is likely to remain under pressure versus the dollar and the yen in coming weeks, said Junya Tanase, chief FX strategist for J.P.Morgan in Tokyo.
The kiwi tops the performance charts early in North American trade with an advance of 1.25% against a weaker dollar. Global equities have continued to rally, boosting demand for higher yielding growth linked assets with the New Zealand dollar …
The yen tops the performance chart against the greenback for the second consecutive day, advancing 0.34% early in North American trade. Although US equity markets are modestly higher, FX markets continue to suggest that investors remain uneasy …
Daily Winners and Losers The yen tops the performance chart against the greenback for the second consecutive day, advancing 0.34% early in North American trade. Although US equity markets are modestly higher, FX markets continue to suggest that investo…
By W+W Research (eToro Blog) The National Association of Realtors reported pending homes sales index for July. The index fell to 89.7 in July compared to 90.9 in June. This represents a drop in 1.3% which was below analyst expectations of a drop in 0.8…
A daily chart shows the AUD/CAD pair holding below interim support at the 50% Fibonacci extension taken from the June 6th and August 1st crests after failing to break below the 61.8% extension at 1.0275. With risk picking up here in early in the week …
Los Angeles TimesCrude Edges Up After Markets Digest Libya News, MCX Futures up 1%India Infoline.comCrude oil futures bounced on a steady return in risk appetite even as the markets digested the reports stating that Libyan rebels swept into the heart o…