Turkey cbank to use all tools to cap speculative flows
Turkey cbank to use all tools to cap speculative flows
* No target for lira exchange rate level – cbank head
Read more on Reuters via Yahoo! Malaysia News
TSX slips to a negative close in late-afternoon trading
GBP0309loss
Image by Trading Rich Mom
TSX slips to a negative close in late-afternoon trading
The Toronto Stock Exchange held on to a modest gain for most of the day thanks to rising commodity prices, but slipped in late-afternoon trading to start the week with a negative close.
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Top Trade Ideas for 2011
I find that the best trade ideas are the ones that aren’t yet attached to a story. For example, not many wanted to sell the EURUSD at 16000. The same might be said in 2011 for selling Yen, Australian, and New Zealand dollars .
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2011 rand rates predicted
A dollar should cost you between 6.2 and 6.4 rands by June next year, and 6.9 to 7.1 rands by year end, currency trader Easy-Forex said. The euro/rand pair was expected to trade between 8.6 and 8.7 by June and between 8 and 8.2 by year-end, it said in a forecast.
Read more on IAfrica South African Business News
Australia shares at 1-week high; drift into year-end
Australia shares at 1-week high; drift into year-end
(Updates with comments, details)
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GBP/JPY Classical 12.21
GBP/JPY: Although the cross remains locked in a broader downtrend, the latest bounce has been impressive with the market finally breaking above the daily Ichimoku cloud to suggest that we could in fact be on the verge of a major shift in the trend. Look for sustained break back above the top of the cloud, with any setbacks now expected to be well supported above 129.00 on a close basis. A close …
Read more on Daily FX via Yahoo! Finance
Turkey cbank to use all tools to cap speculative flows
* No target for lira exchange rate level – cbank head
Read more on Reuters via Yahoo! Asia News
Lastest Forex Trading News
Reflections as the Year Comes to a Close; Looking Forward to 2011!!
End of year price action can often be tricky and frustrating, so we recommend that all of you proceed with extra caution in these final days of trade. Family and friends are especially counting on our good mood and full attention during this special time and we should not let them down.
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GBP/JPY Classical 12.17
GBP/JPY: Although the cross remains locked in a broader downtrend, the latest bounce has been impressive with the market finally breaking above the daily Ichimoku cloud to suggest that we could in fact be on the verge of a major shift in the trend. Look for sustained break back above the top of the cloud, with any setbacks now expected to be well supported above 129.00 on a close basis. A close …
Read more on Daily FX via Yahoo! Finance
GBP/JPY Classical 12.16
GBP/JPY: Although the cross remains locked in a broader downtrend, the latest bounce has been impressive with the market finally breaking above the daily Ichimoku cloud to suggest that we could in fact be on the verge of a major shift in the trend. Look for sustained break back above the top of the cloud, with any setbacks now expected to be well supported above 129.00 on a close basis. A close …
Read more on Daily FX via Yahoo! Finance
Turkey – Factors to Watch on Dec 21
Turkey – Factors to Watch on Dec 21
ISTANBUL, Dec 21 (Reuters) – Here are news, reports and events that may affect Turkish financial markets on Tuesday.
Read more on Reuters via Yahoo! Singapore News
Turkey – Factors to Watch on Dec 21
ISTANBUL, Dec 21 (Reuters) – Here are news, reports and events that may affect Turkish financial markets on Tuesday.
Read more on Reuters via Yahoo! Malaysia News
Canadian Dollar – Finding Direction?
Daily Bars Prepared by Jamie Saettele T here has been very little action in the USDCAD since April although the pair has just broken through its 20 and 60 day averages . Since April , price has traded in a range of 9930 to 10870 with most of the action taking place between 10100 and 10600. A drop below 9929 could complete a corrective B wave from the March 2009 high (watch for support at 9700 …
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USD/JPY Classical 12.20
USD/JPY: Although the market continues to recover with prospects for a material base looking more and more encouraging following the recent break back above the daily Ichimoku cloud, inability to establish any meaningful upside momentum beyond 84.00 suggests that the recovery could be on hold for a bit, with the market now in the process of consolidating. Ultimately however, while the pair holds …
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EUR/CHF Classical 12.15
EUR/CHF Classical 12.15
EUR/CHF: At this point, following the latest drop below 1.3000, it seems as thought the market is fully prepared for a retest and potential break of the recently established record lows by 1.2765 from September.
Read more on Daily FX
EUR/JPY Classical 12.15
EUR/JPY: After spending a short amount of time back below the daily Ichimoku cloud, the market has since recovered and major basing prospects remain intact.
Read more on Daily FX
