Forex News
Dec 18 2007, 06:29 - 0 Comments
while releasing the Canadian CPI data is to remind the forex market of the Bank of Canada’s following their unexpected cut in rates at the beginning of this month.
The headline CPI is expected stay still and steady at 2.4%, as the Bank of Canada’s core CPI measure is anticipated to drop download a bit further below their inflation base target of 2.0% - 1.7%.
The divergence will be the result of some massive increases that we've seen before in energy and food prices and rates, as oil and wheat futures surged to sky high records.
Dec 18 2007, 06:05 - 0 Comments
The USD continued to rise fresh 2 months high against the EUR currency and all major currencies such as GBP, Yen and CHF, basically all traders were showing small amount of willingness to keep into USD shorts ahead of end 2007.
Dec 17 2007, 06:10 - 0 Comments
US Dollar: Strongest Rally in 2 Years
Yesterday we had the strongest one day jump in the USD/EUR since 5/2005.
Dec 17 2007, 05:52 - 0 Comments
The euro currency liquidation continued as the starting for the beginning of the week with the pair falling below the 1.44 amount in early UK trade after staging a mild rally in Asian session.
Dec 16 2007, 07:41 - 0 Comments
Meanwhile, the bank's forex currency purchase from 01/04/07 to 01/10/07 has swollen to 47.3 billion dollars against 4.8 billion dollar during the same following period stated last year.
Dec 16 2007, 07:33 - 0 Comments
The dollar gained a bit more solid ground against the euro currency on previous week’s Friday after a strong U.S.
Dec 13 2007, 09:35 - 0 Comments
The Swiss market appears to be one of the strongest and most stable across the globe for now.
Dec 13 2007, 09:35 - 0 Comments
It seems that the Japanese Yen is having its fair share of trouble this week.
