FOREX: Ringgit To Retreat Slightly Next WeekFriday, July 30, 2010 @ 10:12PMKUALA LUMPUR, July 31 (Bernama) -- The ringgit, which was steadier against the US dollar this week, is set to retreat when the market resumes trading next week amid concerns over the economy, dealers said.
Stocks, dollar ease as soft U.S. economic dataFriday, July 30, 2010 @ 9:16PMNEW YORK: Global stocks and the U.S. dollar slid on Friday, July 30 as investors trimmed risk exposure on data showing the U.S. economy slowing a bit more than expected even as other news suggested a slow, steady recovery. The dollar hit its lowest since November against the Japanese yen as data showing U.S. gross domestic product slowed in the second quarter reinforced expectations for low U.S ...
New Zealand Dollar Vulnerable as Rate Expectations FalterFriday, July 30, 2010 @ 6:24PMNew Zealand Dollar Vulnerable as Rate Expectations Falter Fundamental Forecast for New Zealand Dollar: Neutral New Zealand Dollar Falls as RBNZ Talks Down Rate Hike Outlook U.S. Dollar Gains Hinted Versus Pound, New Zealand Dollar The New Zealand dollar was the only G10 currency lower against the U.S. dollar this past week, tumbling some 0.47 percent, and the trend may continue going into next ...
Australian Dollar Rally Could Falter As RBA Holds Interest Rate SteadyFriday, July 30, 2010 @ 6:23PMAustralian Dollar Rally Could Falter As RBA Holds Interest Rate Steady Fundamental Outlook for US Dollar: Bearish Private Sector Credit Grows At Slower Pace Consumer Inflation Expands Less-Than-Expected Producer Prices Rise At Fastest Pace In 12-Months The Australian dollar strengthen against its U.S. counterpart for the second consecutive week as it continued to benefit from the rise in risk ...
Canadian Dollar May Falter On Weakening Global PictureFriday, July 30, 2010 @ 6:21PMCanadian Dollar May Falter On Weakening Global Picture Fundamental Forecast for Canadian Dollar: Neutral - Canadian GDP for May grew by 0.1% missing expectations of 0.2% - Raw materials price index unexpectedly declined 0.3% against forecasts for a 1.0% increase The Canadian dollar advanced for a consecutive week as markets continue to feel bullish about the global economy. A light economic ...
Aussie PM trailing in polls?Friday, July 30, 2010 @ 12:58PMI thought she was supported to win in a walk? Thanks to Chris for the link to the article in the Sydney Morning Herald.. Perhaps political uncertainty will spark a bit of profit-taking in the otherwise wekk-bids AUD/USD.
Friday's ETF to Watch: UUPFriday, July 30, 2010 @ 12:49PMToday's currency movers.
Forex: Dollar down on the day, but against EuroFriday, July 30, 2010 @ 12:13PMFXstreet.com (Buenos Aires) – Following the weekly trend, dollar is quite negative on daily basis against major rivals, with one single exception: the so long suffered Euro. News of an IMF report warning about Spain outlook to remain uncertain, are again weighting on the common currency, as despite the recently gained bullish momentum that lifted the EUR/USD from 1.1870 to 1.3106 yesterday’s ...
FX Technical Weekly 07-30Friday, July 30, 2010 @ 11:47AMFormation of a US Dollar low is proving elusive. It is best to stand aside and wait for the bottoming scenario to play out.