Posts Tagged ‘Gmt’

Brazilian Real Declines on Treasury Plans

Posted by admin on January 14th, 2010

The Brazilian real posted the fourth straight day of decline versus the U.S. dollar as speculations suggest that the Treasury is likely to start a debt selling plan to buy dollars, declining attractiveness for the real in currency markets. The real touched the weakest level in 2010 today as speculations suggest that overseas investors are leaving the country, and such capital outflows declined appeal for the emerging market South American currency. A Treasury plan that may be used to buy dollars also affected the real’s outlook, in another day of losses versus most of the main traded currencies this week.

Click to continue reading “Brazilian Real Declines on Treasury Plans”

Posted in News Comments Off

Yen Tumbles as Australia Fuels Risk Rally

Posted by admin on January 14th, 2010

The Japanese currency declined in the beginning of this Thursday’s session on Australia’s better than expected employment data, which increased attractiveness for riskier assets as the South Pacific economy recovery improves confidence among traders. The yen, known as the best refuge currency for times of uncertainty, declined today as unemployment surprisingly fell in Australia, bringing Japanese investors to buy riskier assets overseas, as the Australian economic recovery indicates better economic conditions not only in the South Pacific region but also among its main trading partners. AUD/JPY traded at 85.01 as of 02:35 GMT from a previous rate of 83.89 in the intraday chart.

Click to continue reading “Yen Tumbles as Australia Fuels Risk Rally”

Posted in News Comments Off

Australian Dollar Climbs on Unemployment Rate

Posted by admin on January 14th, 2010

The Australian dollar climbed after employment figures were published in the country with better-than-expected numbers, adding confidence that the economic recovery in the country is accelerating its pace, spurring demand for assets in the South Pacific region. After unemployment in Australia declined to 5.5 percent and surprised forecasts that expected an increase, the Aussie dollar gained versus most of the main traded currencies, specially lower-yielding options like the Japanese yen, impacted by the growing risk appetite in Australia. AUD/CAD traded at 0.9579 as of 02:27 GMT from 0.9504 hours before the employment figures were published in Australia.

Click to continue reading “Australian Dollar Climbs on Unemployment Rate”

Posted in News Comments Off

Canadian Dollar Rebounds After Bearish Days

Posted by admin on January 13th, 2010

The Canadian dollar profited from a higher risk appetite session today and rebounded versus the yen and its U.S. counterpart as equities rose in North America, allowing the correlated loonie to profit from this trading scenario. After two days losing in currency markets as concerns that the Canadian economic recovery is not as robust as analysts suggested, the loonie rebounded today, profiting from a positive performance of stocks and commodities, which have an extreme influence in the Canadian currency rates as raw materials exports are responsible for a big cut on the country’s international trade. The Canadian dollar also benefited from a less attractive U.S.

Click to continue reading “Canadian Dollar Rebounds After Bearish Days”

Posted in News Comments Off

Aussie Dollar Falls on New Home Loans

Posted by admin on January 12th, 2010

The Australian dollar fell sharply versus lower-yielding currencies today as a real estate report declined optimism regarding the South Pacific economy, in a day were commodities and equities markets which have a strong correlation with the Aussie, declined. Basically everything worked against the Australian dollar today as a report in the country showed that new home loans decreased the most in more than a year, in a day were equities dropped and demand for commodities declined, after China imposed new lending requirements for banks. AUD/USD declined to 0.9200 as of 19:38 GMT from a previous rate of 0.9310. AUD/JPY dropped to 83.64 from 85.64.

Click to continue reading “Aussie Dollar Falls on New Home Loans”

Posted in News Comments Off

Norwegian Krone Tumbles as Commodities Rally Slow Down

Posted by admin on January 12th, 2010

After several days gaining versus the dollar and the euro, the Norwegian currency slid versus main traded currencies as a bearish day in equities markets and decreased demand for commodities shunned investors from assets in the Nordic country. The Norwegian krone was affected today as the crude oil, the nation’s chief export, had a decline on its rates after China imposed new lending requirements for banks in the country, affecting markets’ sentiment, consequently impacting stock markets and demand for high-yielding currencies. USD/NOK traded at 5.6518 as of 19:08 GMT from today’s opening rate of 5.6174.

Click to continue reading “Norwegian Krone Tumbles as Commodities Rally Slow Down”

Posted in News Comments Off

Canadian Dollar Falls on Trade Deficit Surprise

Posted by admin on January 12th, 2010

The Canadian dollar had its rally towards parity with its U.S. counterpart halted after a monthly trade deficit was posted today, raising doubts that the nation’s economy is not going as good as some analysts like to believe. The loonie had a disappointing surprise today as Canada posted a trade deficit of more than $300 million while forecasts suggested a surplus of $500 million, surprising traders and affecting the outlook of one of the best performing currencies so far in the beginning of 2010. The Canadian dollar had profited so far this month from high risk aversion and an increasing demand for the nation’s commodities, which influenced the Canadian economic expectations, impacted today showing traders that Canada’s resilience is not as high as previously imagined.

Click to continue reading “Canadian Dollar Falls on Trade Deficit Surprise”

Posted in News Comments Off

Pound Strong Versus Dollar on Global Recovery

Posted by admin on January 12th, 2010

The U.K. currency extended Friday’s gains versus the U.S. dollar today as global optimism helped speculations that an economic recovery in the U.K. will make its currency more attractive in foreign-exchange markets. A business report published today by a private company in the U.K. indicated that confidence regarding economic conditions has improved substantially in an annual comparison, helping the pound to post another day of gains versus the greenback after a Chinese trading report suggested that the global economic recovery expected for 2010 is so far being confirmed, as both exports and imports climbed in China.

Click to continue reading “Pound Strong Versus Dollar on Global Recovery”

Posted in News Comments Off

Unexpectedly Negative Payrolls Force Greenback Down

Posted by admin on January 8th, 2010

An employment report waited during all the week and released today frustrated analysts bringing weaker-than-expected figures for the U.S. economy, pulling the dollar down versus most of the 16 main traded currencies.After the non-farm payrolls report indicated that employers cut more jobs than forecasts suggested, the demand for dollar-priced and high-yielding currencies declined significantly in foreign-exchange markets as traders become more risk averse interpreting the pessimist data indicated in the U.S. employment figures. The euro gained sharply versus the dollar following the negative employment report, but declined in the hours following the publication.

Click to continue reading “Unexpectedly Negative Payrolls Force Greenback Down”

Posted in News Comments Off

Unchanged Rates and Bond Purchases Maintain Pound Down

Posted by admin on January 8th, 2010

The British currency continued to suffer from its central bank monetary policies as interest rates remained unchanged in the country, suggesting that the recession will remain a reality in England for an extended period.A concerning budget deficit combined with weak economic data has been affecting the pound’s outlook as the Bank of England insists on its asset-purchase program which hasn’t been effective so far, as well as in all-time record low interest rates which decrease the appeal for the sterling in foreign-exchange markets.GBP/USD bottomed at 1.5923 as of 22:21 GMT from a previous rate of 1.6036.If you want to comment on the Great Britain pound’s recent action or have any questions regarding this currency, please, feel free to reply below.

Posted in News Comments Off

H aligator Clock MT4 Indicator

Posted by admin on October 23rd, 2009

The indicator shows your broker time and the time in Tokyo, New York, London, GMTDownloadH aligator Clock.mq4

Posted in News Comments Off

Dollar Down to Weakest Level of 2009

Posted by admin on September 15th, 2009

The U.S. Dollar fell versus the EUR but clung to small gains against other major rivals on Monday. This came as traders turned their focus to data coming this week and as the EUR and Yen hit technical levels that triggered some buying. The market focus now shifts to a slew of U.S. indicators to be released between Tuesday and Thursday that could determine whether the Dollar will continue to trade lower, or experience a pause.USD – Dollar Tumbles to 1-Year Low vs. EURThe Dollar tumbled to a 1-year low vs. the EUR in Monday’s trading.

Click to continue reading “Dollar Down to Weakest Level of 2009″

Posted in News Comments Off
Newer Entries »

Sponsors:




RSS FeedSubscribe to our RSS feed!