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The Canadian dollar tipped lower against the U.S. currency on Monday as easing oil prices and lower stock markets caused investors to pause for the first time after an 11-day stretch of gains.
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20:00 GMT- Mar 15 (global-view.com) We sensed early today that the markets were headed in a new direction today and such proved to be the case... More...
A more downbeat session last night, on lingering caution. There was no specific event to ascribe the mood to, rather continued concerns around possible tightening by China, as well as the possible regulatory tightening of US bank trading activity More...
Looking at the weekly, first note the break above resistance that was at 1.029. The Aussie has outperformed the Kiwi, although both are strong currencies in the global sense. More...
Bearish price action on GBP/USD, a daily chart of which is shown, as of Monday (3/15/2010) morning New York session, has erased much of the gains that the pair made late last week. More...
Mar 15 (global-view.com) UPCOMING DATA HIGHLIGHTS: Tuesday will see the release of the German ZEW economic survey. It is not seen as being as accurate as the IFO survey due next week. Eurozone CPI (HICP) is due as well. In North America More...
The euro slipped on Monday on concerns that any potential financial aid package for Greece would not be enough to ease overall sovereign debt concerns within the euro zone.
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Recent UK economic data have painted a mixed picture, with the sharp fall in manufacturing production and exports in January contradicted by strong improvements in some of the business surveys – notably, the latest manufacturing and services sector PMIs More...
10:00 GMT- Mar 15 (global-view.com) Markets seem to be reorienting themselves to start the new week. Key events at the start of the period will be the FOMC decision Tuesday and then the BOJ meeting... More...
Risk sentiment improved slightly on Friday night. Boosts to sentiment were the US retail sales report beat expectations (before negative revisions), although consumer confidence slipped, and rumours More...
I recently wrote an article, the Importance of Big Figures in Forex Trading and the recent price action in the market is a good example to illustrate this point. In this article, I will show how pivotal big figures (round numbers) had an impact on the mar More...
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