Daily Forex Analysis by Finexo.com 13/05/2010
Upcoming Sessions (all times GMT) • GBP Trade Balance (0830)• USD Unemployment Claims(1230)• USD Fed Chairman Bernanke Speaks(1230)• NZD Retail Sales m/m(12:45)
Category: Daily Forex Reports
GBP/USD 1.4856 – 13 May 2010
GBP/USD Open 1.4829 High 1.5044 Low 1.4815 Close 1.4820Pound/Dollar is trading hesitantly this week, including on Wednesday, in converse with the negative Interbank sentiment at around -56%. The Cable depreciated yesterday from 1.5044 to 1.4815, closing the...
Gold Prices Hit Record Highs
Gold futures hit a record high yesterday as investors worry the Euro-Zone bailout will not be much of a fix and are turning to the metal as a safe heaven investment. Furthermore, Gold is again proving to...
EUR/USD 1.2655 – 13 May 2010
EUR/USD Open 1.2630 High 1.2735 Low 1.2605 Close 1.2614The Euro traded hesitantly on Wednesday. Euro/Dollar was moving within the 1.2605 to 1.2735 range yesterday, in converse with the Interbank sentiment projection, at around -12%, closing the day...
Daily Market Outlook by AceTrader
Market Review – 12/05/2010 21:37GMT Cable tumbles on BoE King’s dovish comments after release of inflation report Although the British pound rallied above Tuesday’s high of 1.5005 to 1.5046 in European morning, the pair swiftly pared all...
Forexpros.com Daily Analysis – 12/05/2010
ForexPros Daily Analysis May 12, 2010 — Fundamental Analysis: Initial Jobless Claims Traders of the US anticipate the publication of the Initial Jobless Claims. The Initial Jobless Claims is a seasonally adjusted measure of the number of...
GBP/USD 1.4960 – 12 May 2010
GBP/USD Open 1.4924 High 1.4998 Low 1.4722 Close 1.4950Pound/Dollar traded hesitantly and with a slight increase on Tuesday, in converse with the negative Interbank sentiment at around -56%. The Cable appreciated yesterday from 1.4722 to 1.4998, than...
Daily Forex Analysis by Finexo.com 12/05/2010
Upcoming sessions (all times GMT) • EUR German Prelim GDP q/q (06:00)• GBP Claimant Count Change (08:30)• GBP BOE Gov King Speaks (09:30)
Confidence in Euro Continues to Drop
Traders seemed anxious in trading yesterday. Comments regarding the recent Greek $1 trillion aid package by a senior IMF member raised new doubts about the EUR. Traders are now concerned that the package came too late and...
EUR/USD 1.2625 – 12 May 2010
EUR/USD Open 1.2633 High 1.2796 Low 1.2606 Close 1.2660The Euro continued sliding insignificantly downwards on Tuesday. Euro/Dollar decreased from 1.2796 to 1.2615 yesterday, in converse with the Interbank sentiment projection, at nearly +13%, closing the day at...