Thu, 02 Sep 2010 12:48:31 +0000US dollar ends cheaper against the rupee
MSN India - 43 minutes ago
Mumbai, Sep 2 (PTI) The US dollar ended cheaper against the Rupee at Rs 46.72/73 per dollar and the Pound Sterling also finished slightly lower at Rs 71.97/99 per pound at the close of the ...
Google Forex news >>
Thu, 02 Sep 2010 12:11:00 +0000The Euro showed little reaction to the European Central Bank interest rate decision as policy makers held the benchmark interest rate at 1.00% in September, but the slew of data scheduled for the U.S. trade is likely to stoke increased volatility in the exchange rate as investors weigh the outlook for future growth.
DailyFX >>
Thu, 02 Sep 2010 11:43:00 +0000Record Breaking Exports Propel Recovery
DailyFX >>
Thu, 02 Sep 2010 11:30:00 +0000During the overnight trade, the IMF warned that Portugal, Italy, and Greece are amongst the countries with the highest risk of unsustainable debt, while also adding that U.K.’s debt to GDP could rise to 90.6 percent in 2015. In turn, the GBPUSD pushed lower overnight, while euro traders shift focus to the ECB rate decision and subsequent comments by ECB President Trichet.
DailyFX >>
Thu, 02 Sep 2010 11:24:00 +0000Price action over the past 24 hours has been a bit unusual in our opinion, with risk sentiment dramatically improving, currencies rallying sharply, and global equities racing higher on the back of a decent round of global data on Wednesday.
DailyFX >>
Thu, 02 Sep 2010 11:14:58 +0000Dollar Softer; Sterling Underperforms
TheStreet.com - 2 hours ago
By BBH FX Strategy The US dollar was mostly softer Thursday, though within Wednesday's ranges as market participants await the European Central Bank's press conference and US economic data ...
Google Forex news >>
Thu, 02 Sep 2010 11:13:00 +0000Buy USD/JPY Dips
DailyFX >>
Thu, 02 Sep 2010 11:03:00 +0000GBPUSD: Consolidation Persists at Fib Support
DailyFX >>
Thu, 02 Sep 2010 06:55:00 +0000USD Graphic Rewind 09.02
DailyFX >>
Thu, 02 Sep 2010 06:51:00 +0000Multi-decade highs in crude oil inventories kept a lid on oil prices, as the commodity failed to recapture the previous day’s losses despite surging equity markets. Gold is holding up well on insatiable investor demand.
DailyFX >>
Thu, 02 Sep 2010 06:09:00 +0000Growth Data Impresses but SNB Likely to Remain on Hold
DailyFX >>
Thu, 02 Sep 2010 05:52:00 +0000TECH TALK 09.02
DailyFX >>
Thu, 02 Sep 2010 05:32:00 +0000USD/JPY Classical 09.02
DailyFX >>
Thu, 02 Sep 2010 05:30:00 +0000USD/CHF Classical 09.02
DailyFX >>
Thu, 02 Sep 2010 05:28:00 +0000USD/CAD Classical 09.02
DailyFX >>
Thu, 02 Sep 2010 05:27:00 +0000NZD/USD Classical 09.02
DailyFX >>
Thu, 02 Sep 2010 05:26:00 +0000GBP/USD Classical 09.02
DailyFX >>
Thu, 02 Sep 2010 05:25:00 +0000GBP/JPY Classical 09.02
DailyFX >>
Thu, 02 Sep 2010 05:24:00 +0000Despite the latest bounce back above 1.2800, the structure sill remains bearish with the market below the 18Aug 1.2925 high.
DailyFX >>
Thu, 02 Sep 2010 05:22:00 +0000EUR/JPY Classical 09.02
DailyFX >>
Thu, 02 Sep 2010 05:21:00 +0000EUR/CHF Classical 09.02
DailyFX >>
Thu, 02 Sep 2010 05:20:00 +0000AUD/USD Classical 09.02
DailyFX >>
Thu, 02 Sep 2010 05:05:00 +0000The Euro inched lower in Asian trade and cues from risk sentiment pointing to further weakness, with a rate decision from the European Central Bank and the release of revised Euro Zone GDP figures likely to amount to non-events.
DailyFX >>
Thu, 02 Sep 2010 05:03:00 +0000Riksbank Rate Decision in Focus; Expected to Raise 25 Basis Points to 0.75%
DailyFX >>
Thu, 02 Sep 2010 04:32:00 +0000Price action over the past 24 hours has been a bit unusual in our opinion, with risk sentiment dramatically improving, currencies rallying sharply, and global equities racing higher on the back of a decent round of global data on Wednesday.
DailyFX >>
Thu, 02 Sep 2010 03:51:00 +0000Crude Oil Inventories Watch: Week Ending 08/27/2010
DailyFX >>
Thu, 02 Sep 2010 03:10:00 +0000London Calling Sep 2
DailyFX >>
Thu, 02 Sep 2010 00:00:00 +0000Market Overview
The euro fell against the yen in Asia on Thursday on the view that European Central Bank President Jean-Claude Trichet may take a less hawkish line on monetary policy at an upcoming press conference.
During Asian trade, non-Japanese hedge funds were selling a solid amount of euros, pushing it down to JPY107.70 as of 0450 GMT, from JPY108.11 late Wednesday New York. The euro was also weaker against the dollar, at USD1.2791 from USD1.2800.
The yen, meanwhile, strengthened against the dollar, with the greenback falling to JPY84.19 from JPY84.47.
The ICE Dollar Index, which tracks the dollar against a trade-weighted basket of currencies, was at 82.530 from 82.510.
The British pound gained against the dollar, but weakened to a three-week low vs. the euro after a weaker than expected UK purchasing managers’ survey.
The Australian dollar was higher late in Asia on Thursday on the back of better-than-expected U.S. manufacturing data, heading into an offshore session packed with event risk. At 0530 GMT, the Australian dollar was at USD0.9075, up from USD0.8993 late Wednesday. Against the Japanese yen, the Australian dollar was at JPY76.44, from JPY75.865.
Market expectation
Trichet will speak to the press at 1230 GMT Thursday, after the central bank discusses interest rates. Analysts believe the ECB will hold its key rate steady at 1.00%.
On the economic calendar, the purchasing managers' index for the U.K. construction sector is due at 0830 GMT, while euro-zone gross domestic product and producer price index figures are scheduled for 0900 GMT. The European Central Bank interest rate announcement is at 1145 GMT. In the U.S., initial jobless claims at 1230 GMT will be watched closely, while factory orders and pending home sales are due at 1400 GMT.
European stocks are expected to open lower Thursday, as investors look to take profits after the sharp gains of the previous session, amid caution ahead of Friday's U.S. nonfarm payrolls release.
USDCHF is holding above its 2-year support line of 1.0020, but if that's breached, there is downside potential to 1.0000 and then 0.9915.These levels represent critical junctures on the technical chart, and analysts expect them to hold the initial test, say technical analysts.
The Pound is little changed against the euro and dollar, and is likely to hold in narrow ranges against both while investors wait for the U.S. labor market report on Friday, traders report.
Dukascopy Daily Overview >>
Wed, 01 Sep 2010 21:12:52 +0000Dollar Falls as Positive Data Boosts Demand For Higher Yielding Assets
Forexyard - 16 hours ago
The US dollar sharply fell today against the euro and the British pound. The dollar dropped about 150 pips vs. the euro, and the EUR/USD pair is now trading around the 1.2800 level. The dollar ...
Dollar Gains Vs. Euro Ahead Of ECB, Slips Vs. Yen - Automated Trader
Dollar Mixed Against Majors - RTT News
ecPulse
- Market Moves
Google Forex news >>
Wed, 01 Sep 2010 17:00:26 +0000German Government Approves 101-Billion-US-Dollar Budget Cut Plan
CRIENGLISH.com - 20 hours ago
The German government on Wednesday approved its plan for an 80-billion-euro (101-billion-dollar US dollar) budget cut over the next four years. The austerity plan was unveiled by the government in ...
Google Forex news >>
Wed, 01 Sep 2010 13:57:41 +0000Bond Market Update
Briefing.com - 23 hours ago
10-Yr: -30/32..2.575%.. USD/JPY: 84.43.. EUR/USD: 1.2806BMO's Andy Busch notes: With solid global economic data except for the US, the greenback is sinking against most major currencies. Norway ...
Asia Session Recap - Action Forex
Forex Daily News: Dollar Weakens Against Most Majors - FXstreet.com The Forex Market
Google Forex news >>
Wed, 01 Sep 2010 11:56:39 +0000Myriad Q2 revenues fall to USD 29.3 mln
Telecompaper - Sep 1, 2010
Mobile operator services provider Myriad Group reported second-quarter revenues of USD 29.3 million, down from USD 30.7 million the year-earlier quarter. Licence revenue rose to USD 19.7 million ...
Google Forex news >>
Tue, 31 Aug 2010 20:30:39 +0000Currency Snapshot: Yen Up Big; Dollar Mostly Down
Benzinga - Aug 31, 2010
Today the yen made large advances against the dollar and the euro, while the USD took a slide against virtually every major pair with the exception of a modest gain against the Canadian dollar ...
Forex Trading – Currency Exchange Rates – Dollar Continues To Slide Against Yen And Euro - Best Syndication
Google Forex news >>
Tue, 31 Aug 2010 16:20:42 +0000Daily Foreign Exchange Market Summary
International Business Times - Aug 31, 2010
The US dollar fell against most major currencies with the exception of the Japanese yen after upbeat data from China and Australia boosted risk appetite. China's manufacturing sector had a ...
The British pound gained against the dollar - FXstreet.com The Forex Market
EUR/USD update (1st Sep 2010, 12:00) - Market Moves
Action Forex
- GulfNews
Google Forex news >>
Mon, 30 Aug 2010 23:43:21 +0000Australia Bank Bonds Punished on Bubble Concern: Credit Markets
BusinessWeek - Aug 30, 2010
By Sarah McDonald and Shannon Harrington Aug. 31 (Bloomberg) -- Investors in US dollar-denominated bonds issued by Australian banks are demanding higher relative yields on concern the country's ...
Housing market worries make bonds a harder sell - Sydney Morning Herald
Google Forex news >>
Mon, 30 Aug 2010 21:52:23 +0000Dollar Lower as Risk-Taking Returns
TheStreet.com - Aug 30, 2010
By BBH FX Strategy The US dollar was broadly lower to start September as stronger data, especially from Australia and China, encouraged new risk-taking. Yet this hasn't seen the yen and Swiss ...
FOREX-US dollar slides broadly as data eases growth fears - Reuters
Aussie Jumps on Manufacturing Gains in US, China, GDP Growth - BusinessWeek
Ninemsn
- CNBC
- NASDAQ
Google Forex news >>
Daily Forex Market Reports