A busy week

A busy week

From Currencies Direct blog, 3 years ago Similar articles

Last week saw significant risk aversion played out as stock markets dropped dramatically where as this week looks a little firmer. Articles in the Italian media suggest that the International Monetary Fund (IMF) is preparing a ?600 billion deal for Italy in the event of deterioration in the debt crisis- this could provide market support in the early part of the week. Further support may also come from reports in Germany that German Chancellor Merkel and French President Sarkozy are putting...

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Gold ? Eases Back From $1300

Gold ? Eases Back From $1300

From Market Pulse FX, today, Similar articles

Gold for Tuesday, January 27, 2015 Gold has enjoyed a very solid last few weeks as it has surged to a five month high near $1308, before easing back a little in the last few days.  To start last week it had just eased back a little and steadied below the $1280 level after surging to that area and a four month high recently.  In the last few weeks it has been able to rally strongly from around $1170 back through the key $1200 level and to a 12 week high just above the $1240 level before its...

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Australia 200 ? Resistance at 5500 Returns

Australia 200 ? Resistance at 5500 Returns

From Market Pulse FX, today, Similar articles

Australia 200 for Tuesday, January 27, 2015 In the last week or so the Australian 200 index has surged higher to move back above the key 5400 level to a three week high just shy of the resistance level at 5500.  This move is important as it desperately tries to hang on to this important trading range for the index above 5400.  In the week prior, the Australia 200 Index eased back again under the 5400 level after making numerous attempts to clear it over the last month, which saw it drop to...

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AUD/USD ? Drops to New Multi-Year Low Near 0.7850

AUD/USD ? Drops to New Multi-Year Low Near 0.7850

From Market Pulse FX, today, Similar articles

AUD/USD for Tuesday, January 27, 2015 The last week has seen the Australian dollar fall very sharply and break lower from the trading range that had been established roughly between 0.8050 and 0.8200.  This has resulted in a new multi-year low near 0.7850 in the last day.  A couple of weeks ago it made numerous attempts at the resistance level at 0.82 only to be sent back often before finally finishing that week moving through this key level.  In doing so it was able to reach a one month...

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USD/CAD ? Little Movement in Quiet Trading

USD/CAD ? Little Movement in Quiet Trading

From Market Pulse FX, today, Similar articles

The Canadian dollar has stabilized on Monday, as USD/CAD trades in the mid-1.24 range. The loonie took a beating last week, as the pair jumped an astounding 450 points. There are no Canadian or US releases on Monday, so  with the markets not having any numbers to work with, traders can expect a quiet North American session. On Friday, Canadian releases were mixed, as Retail Sales and CPI beat their estimates, while CPI continued to decline. Things have gone from bad to worse for the...

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Week in FX ? Draghi's ECB Goes All In

Week in FX ? Draghi's ECB Goes All In

From Market Pulse FX, 3 days ago, Similar articles

Draghi shoots both barrels EUR follows ECB’s lead Greece on radar now Where is the reserve ammo' The European Central Bank (ECB) was always expected to be the main event of the past week. Capital markets had time aplenty to prepare to react to President Mario Draghi’s post-meeting press conference. Would the ECB stand and deliver' Would it implement a quantitative easing (QE) package and what are the details' Despite it not being a unanimous decision, Draghi and his fellow...

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Gold ? Remains Steady Above $1300

Gold ? Remains Steady Above $1300

From Market Pulse FX, 4 days ago, Similar articles

Gold for Friday, January 23, 2015 Gold has enjoyed a very solid last few weeks which has continued in the last few days as it has surged to a five month high near $1308, before easing back a little in the last half day.  To start this week it has just eased back a little and steadied below the $1280 level after surging to that area and a four month high recently. In the last few weeks it has been able to rally strongly from around $1170 back through the key $1200 level and to a 12 week high...

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Australia 200 ? Back in Familiar Territory Above 5400

Australia 200 ? Back in Familiar Territory Above 5400

From Market Pulse FX, 4 days ago, Similar articles

Australia 200 for Friday, January 23, 2015 In the last couple of days the Australian 200 index has surged higher to move back above the key 5400 level to a one week high as it desperately tries to hang on to this important trading range for the index.  During the last week or so the Australia 200 Index eased back again under the 5400 level after making numerous attempts to clear it over the last month, which saw it drop to a three week low below 5250 before its recent surge higher.  The...

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AUD/USD ? Falls to New Multi-Year Low Below 0.80

AUD/USD ? Falls to New Multi-Year Low Below 0.80

From Market Pulse FX, 4 days ago, Similar articles

AUD/USD for Friday, January 23, 2015 After easing back over the last few days, the Australian dollar has fallen sharply in the last couple of days through the key 0.82 level and down to a new multi-year low just below 0.80.  Over the last week or so the Australian dollar made numerous attempts at the resistance level at 0.82 only to be sent back often before finally finishing last week moving through this key level. In doing so it was able to reach a one month high near 0.83 before being...

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USD/CAD ? Flat After Strong Gains

USD/CAD ? Flat After Strong Gains

From Market Pulse FX, 4 days ago, Similar articles

The Canadian dollar has stabilized on Thursday, as USD/CAD trades quietly in the mid-1.23 range. The pair has taken a pause after posting strong gains a day earlier. Today's highlight was Unemployment Claims. The key indicator dipped to 301 thousand, short of expectations. There are no Canadian releases on Thursday. US unemployment claims missed expectations for the second straight week. The key indicator improved to 309 thousand, better than the previous reading of 316 thousand. This...

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AUD/USD ? Little Movement as Unemployment Claims Miss Expectations

AUD/USD ? Little Movement as Unemployment Claims Miss Expectations

From Market Pulse FX, 4 days ago, Similar articles

AUD/USD is calm on Thursday, as the pair trades in the low-0.81 range. In Australia, MI Inflation Expectations posted a gain of 3.2%. HIA New Home Sales softened in December, with a gain of 2.2%. Over in the US, today’s highlight was Unemployment Claims. The indicator dipped to 301 thousand, short of expectations. US unemployment claims missed expectations for the second straight week. The key indicator improved to 309 thousand, better than the previous reading of 316...

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EXCHANGE RATES

1 GBP = 1.221 EUR
1.469 CHF - Swiss Franc
1.542 AUD - Australian Dollar
1.599 USD - U.S. Dollar
12.406 HKD - Hong Kong Dollar
1.581 CAD - Canadian Dollar
12.53 ZAR - South African Rand
2 SGD - Singapore Dollar
1.551 USD - U.S. Dollar
12.048 HKD - Hong Kong Dollar

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