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Euro and Pound shrug off losses on early U.S session
FXstreet.com (Barcelona) ? Euro and Pound are recovering on Early U.S. session all the ground lost during the European session, fuelled by a strong Wall Street opening and surprisingly good housing and construction figures in the U.S.EUR/USD decline has been contained at 1.3210 and the pair has soared past 1.3300 reaching levels close to 1.3330, with intra-day high at 1.3345 on sight.GBP/USD has bounced off 1.4835 and the Pair has rallied to 1.4770 so far just several pips below two-week
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Forex (foreign exchange) Currency trading
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Forex: GBP/USD: January?s high at 1.5375 could be tested again, says Mizuho
FXstreet.com (Barcelona) ? The Pound has dropped from levels above 1.5300 on Tuesday?s Asian session to levels right above 1.5100 support on Asian session; the pair trades now somewhat higher, close to 1.5170 level, on its way to re-test January's high at 1.5375, says Mizuho.According to Nicole Elliott, senior technical analyst at Mizuho Corporate Bank, the Pound is still bullish on its way to test January?s high at 1.5375: ?Consolidating fairly neatly, is not overbought and momentum is steadily bullish.
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Forex (foreign exchange) Currency trading
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USD slightly lower at Asia open
FXstreet.com (Buenos Aires) - Asian markets open with dollar continuing previous bearish trend, slightly lower against major rivals, included Japanese Yen that past Friday fall against greenback. Expect trade to remain choppy and thin ahead of U.K and U.S. Holidays tomorrow. Asian stocks have some negative cue from part Friday Wall Street close. Euro now at 1.4030 and Gbp at 1.5930 against dollar. BOJ monthly report will be published at 5:00 GMT, followed by a speech of Governor Shirakawa
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USD down as American data improve
FXstreet.com (Buenos Aires) - Dollar close the American mostly lower, against European rivals, particularly against Euro and Swiss Franc that extended earlier gains Tuesday, on encouraging U.S. data that boosted risk appetite. However, Wall Street slipped and close barely red, after a choppy session. Richmond Fed's regional manufacturing index improved in April to -9 from a previous reading of -20, while US consumers' confidence of the economy rose to its highest point of the year, 39.2 from a
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Forex: USD/CAD falls 1.50% so far today, close to 1.1600
!--TITOL: h1Forex: USD/CAD falls 1.50% so far today, close to 1.1600FITITOL--FXstreet.com (Barcelona) - USD/CAD is continuing its strong drop today from the 1.1815 in the early Asian session, to reach a fresh intra-day low at 1.1615. The pair is falling 1.50% in its way to be close to 1.1600. Currently the pair is trading around 1.1630/40.br /br /The Mataf.net analyst team, says: USD/CAD is in a range between 1,1675 and 1,1815. USD/CAD moves without trend and swings around exponential moving
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Asian stocks rise on Japanese Industrial Production; Euro and Pound, up
FXstreet.com (Barcelona) - Asian stock markets are going through gains on Friday on the back of better than expected Japanese Industrial production. Euro and Pound have appreciated in Asian session.japanese Nikkei Index edges up 0.1% while Australian S&P Index rose 1.7% and Hong Kong's Hang Seng Index increased 0.5%. The MSCI Asian Index has posted a 11% increase in May, to close its third consecutive month with gains, the largest positive streak since global economy started to weaken, in 2007.Japanese
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