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ShareCast News - Foreign Exchange
EUR/GBP: Correcting after a bullish run
According to analysts at Digital Look the EUR/GBP currency pair is moving in a very orderly fashion in technical terms.[3 Jun '13]
FX round-up: Dollar gains traction after robust data
The dollar strengthened against major currencies on Friday as encouraging US economic data underlined the view that the Federal Reserve may start winding down its stimulus programme sooner than expected.[3 Jun '13]
AUD/USD: Support holding on weekly charts
As regards the outlook for AUD/USD, technical analysts at Digital Look advise traders to remember to use weekly charts in their trading strategies.[31 May '13]
FX round-up: Sterling correcting recent weakness, but not more
For some analysts the major theme in Forex markets on Thursday seems to have been 'consolidation,' after some recent sharp moves, although the recent short-term underlying trends are expected to re-establish themselves.[31 May '13]
FX round-up: Dollar retreats as bond yields fall
The dollar reversed against most major currencies on Wednesday, in particular the Japanese yen, as US bond yields came off recent highs.[30 May '13]
FX round-up: Dollar rises after encouraging data
The dollar recovered against the yen and the euro on Tuesday after better than expected US economic data underlined the view that the Federal Reserve may start winding down its stimulus programme.[29 May '13]
FX round-up: Dollar retreat against yen continues
The dollar continued to lose ground against major currencies on Monday, including the yen, in thinner than usual trading.[28 May '13]
FX round-up: Dollar declines against Japanese yen
The US dollar dropped on Thursday as the Japanese yen leap on the back of a huge slump is poor Chinese data, coupled with fears over the US economy.[24 May '13]
FX round-up: Dollar rises after mixed QE signals
The dollar strengthened against major currencies on Wednesday on hints that the Federal Reserve may start to taper its bond-buying programme in the next few meetings.[23 May '13]
Swiss central bank open to raising exchange rate floor
Swiss National Bank (SNB) Governor Thomas Jordan does not rule out weakening the Swiss franc further and lifting the floor on the euro to 1.25 Swiss francs.[22 May '13]
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