April Fears Ahead of Fed, Spain & China

Trading 18 avr 2012 Commentaire »
Recent intermittent bounces in EURUSD in the face of surging Eurozone spreads are said to be reflecting possible liquidation by European banks unloading US assets to relieve an ensuing shortage of US dollars. Other explanations were attributed to the IMF buying Irish and Portuguese bailout tranches during the late European trading hours, taking advantage of cheaper levels (lowest since Feb 15).

Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

Trading 18 avr 2012 Commentaire »
v USD is stronger as safe haven trades dominate FX flow v EUR weakens as concerns mount over Spanish debt v Commodity Currencies are pressured due to lower crude and copper prices

GBP/USD Approaching the 2012 High of 1.6066 After BoE Meeting Minutes

Trading 18 avr 2012 Commentaire »
The GBP/USD was buoyed by Bank of England's meeting minutes, which brought increased attention to inflation. Sterling's strength was also seen in the EUR/GBP, which fell below its 2012 low. The GBP/USD pushed above the 1.60 handle, and is attacking the 2012 high at 1.6066. Resistance in the 4/18 US trading session begins in the 1.6050-1.6066 area.

Dollar Back On Spot As Spanish Debt Fears Ease, IMF Upgrades Growth Outlook

Trading 18 avr 2012 Commentaire »
The Greenback is back on the spot on Wednesday, boosted with less safe-haven appeal amid what seems to be an eased debt worries in the 17-bloc euro area, however worries are out there ahead of Spain's upcoming bond auction.Amid a lack of major fundamentals from the world's largest economy but with y.

Mexico Cbank – placed 15 Bln Pesos of 30-Yr Bond

Trading 18 avr 2012 Commentaire »
MEXICO CBANK - PLACED 15 BLN PESOS OF 30-YR BOND The material has been provided by Instaforex Company - instaforex.com

Peru Cbank Buys $162 Mln, Sol Ends 0.04 Pct Stronger to Bid 2.654 Per Dollar, New 15-Year High

Trading 18 avr 2012 Commentaire »
PERU CBANK BUYS $162 MLN, SOL ENDS 0.04 PCT STRONGER TO BID 2.654 PER DOLLAR, NEW 15-YEAR HIGH The material has been provided by Instaforex Company - instaforex.com

NZ Dollar Falls Against Euro

Trading 18 avr 2012 Commentaire »

During New York afternoon trading on Wednesday, the New Zealand dollar declined further against the euro. As of now, the kiwi is trading at 1.6092 versus the euro from previous session's high of 1.5955.

Against the Japanese yen, the NZ dollar also traded further lower in today's afternoon session and presently trading near 66.30 from yesterday's close of 66.40.

The material has been provided by Instaforex Company - instaforex.com

*NZ Dollar Falls To 1.6090 Against Euro

Trading 18 avr 2012 Commentaire »

NZ Dollar Falls To 1.6090 Against Euro

The material has been provided by Instaforex Company - instaforex.com

Canada Will Closely Monitor Situation in China, says Chinese Needs to Diversify Away from Exports -Canada Official

Trading 18 avr 2012 Commentaire »
CANADA WILL CLOSELY MONITOR SITUATION IN CHINA, SAYS CHINESE NEEDS TO DIVERSIFY AWAY FROM EXPORTS -CANADA OFFICIAL The material has been provided by Instaforex Company - instaforex.com

Flaherty – Comfortable With Private Sector Forecasts in Budget After Latest Bank of Canada Forecasts

Trading 18 avr 2012 Commentaire »
FLAHERTY - COMFORTABLE WITH PRIVATE SECTOR FORECASTS IN BUDGET AFTER LATEST BANK OF CANADA FORECASTS The material has been provided by Instaforex Company - instaforex.com