EUR/USD Trading prediction january 16 2012
Out of the major currency pairs the most popular and easy to trade currency pair is the EUR/USD. It has become so popular with traders these days that even when there is no visible trade to be had it is yet traded as a matter of habit. Read More..
Australian Dollar prediction january 16 2012
The Australian Dollar opened slowly without much action, but came to life late in the afternoon session reaching a high of 1.0377 against the greenback. Pushing the positive risk flows into the ANZ was the Chinese Inflationary Data released which came in just above forecast however speculation has continued to mount that the Chinese Government will at some stage seek to ease policy to help spur growth. Read More..
USD/CHF trading outlook january 16 2012
USD/CHF: The pair tends to break to an all-time low, then range back to the previous low. The ranges are very distinct. A break to the upside will likely meet another previous low. Pair are reliable. Read More..
USD/JPY prediction January 16, 2012
The U.S. Dollar was higher against the Japanese Yen on Friday. A reminder that the U.S. Dollar continues as the world’s reserve currency and the recent positive tone in US economic data suggests that the Fed’s may be easing away from introducing another round of quantitative easing. Read More..
New Zealand Dollar trading outlook jan 16 2012
The New Zealand Dollar fell against the USD yesterday following an up and down day of trading for the Kiwi. The day opened at a rate of 0.7967, the NZD traded sideways for the majority of Asia’s session with local equities and commodity trades offering very little support for the Nations Currency. Read More..
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