Forex: USD/CAD consolidates in a range below 0.9700
FXstreet.com (Córdoba) – The Loonie soared against the Greenback on Tuesday following hawkish comments from the BOC. Despite maintaining interest rates unchanged, the central bank said for
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In the news this week, Japan’s central bank is making its best efforts to ensure financial market stability after the country’s devastating earthquake and subsequent tsunami.
While BOC’s maintenance of the overnight rate at 1% is widely EL, the surprise Comes From The policy statement Which Appear more hawkish Than Previously Anticipated. Policy Makers showed Their Concerns about Inflationary pressure That Have Been driven by rising commodity price. The central bank Stated That CurrentVersion stimulus Measures goodwill
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USD / CAD ‘s case from 0th 9815 ACCELERATES to as low as 0th 9667 in early U.S. session and intraday bias is cautiously on the downside of 0. 9640 mines support. Break There Will Confirm That wholeseller rebound from 0th 9444 hock completed and deeper Decline Should THEN ask seen to retest this low next. On
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Optimism Dominated European markets after Jean-Claude Juncker, the Chairman of the euro-area finance minister’s group said the European leaders goodwill give a Decision on Further Aid for Greece by the end of June, and signaled Greece won? T undergo a comprehensive Restructuring to ITS debt, meanwhile, Switzerland released the Gross Domestic Product
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In What Turned Out to Be a predictably quiet holiday session in New York, headlines out of Europe were the main fodder for markets today. The greenback found hock ITS footing, But the U.S. dollars Index Keeps Running Into Resistance at 75th 00th After Reaching a high of first 4330 EARLIER this morning, EURUSD
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The Canadian Economy Turned out a decent performance over the last two quarters with average GDP growth of third 5%. With real GDP now second 0% tunnlar ITS pre-recession peak, the Canadian economy is Clearly making the transition from recovery to expansion. Nonetheless, going forward, omnidirectional third 0% Pace of Economic Growth ice
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As ice Already the case for quite sometime, There Is No standout driver for EUR / USD trading. On Friday, overalls U.S. dollars Weakness prevailed even as Greece remained in the news headlines. Today, currency trading goodwill developement in thin market Conditions. Later this week, it Will Be interesting to see Which
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As ice Already the case for quite sometime, There Is No standout driver for EUR / USD trading. On Friday, overalls U.S. dollars Weakness prevailed even as Greece remained in the news headlines. Today, currency trading goodwill developement in thin market Conditions. Later this week, it Will Be interesting to see Which
View full post on Action Forex (ALL)
EUR / USD Today’s support: – 1. 4172, 1. 4119, 1. 4084 and first 4058 (main), d