Forex Investment and Currency Trading

Forex Investment, Forex Trading and Forex Market



Entries Tagged as 'Forex Market'

FX Update - August 27 2008

August 27th, 2008 · No Comments

Durable Goods Orders (Survey: 0.0%, Actual: 1.3%)
USD
The lingering shadow cast by the outlook for US financials and GSE’s continue to provide headwinds to sustained USD upside. USD has been under broad based pressure with sentiment not helped by a pick-up in oil prices as tropical storm Gustav nears the Gulf of Mexico. US data [...]

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Tags: Forex Market

FX Comments - UK data providing event risk for GBP

August 18th, 2008 · No Comments

USD began this week on the back foot relinquishing most of Friday’s gains in a move that coincided with a bounce in gold and oil prices. Gold edged up 1% off the lows overnight, pushing back up to around USD800/ozt, while crude oil was also better bid, rallying up to around USD115/bl following an article [...]

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Tags: Forex Market

USD was mixed overnight in markets dominated by sharp falls in AUD and NZD

August 13th, 2008 · No Comments

USD was mixed overnight in markets dominated by sharp falls in AUD and NZD, particularly against JPY. Although London trade has seen NZD in particular rebound against USD, the JPY crosses remain under pressure. The move lower in AUD/JPY was independent of news flow, data in Australia generally being better than expected and Japan’s Q2 [...]

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Tags: Forex Market