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Nouvelle Strategie De Trading Sur Le Forex Et Principalement Le Couple Euro/us
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USD/CAD Rising Higher as Banking Concerns Grip Markets
USD/CAD is getting some support from weaker equity markets as banking problems continue to stoke fear sentiment.Weaker North American stocks are providing broad momentum to the U.S. dollar and helping to push USD/CAD closer to the 1.30 CAD marker. The cross is up over a full cent to 1.2884 CAD. The negative sentiment started overnight when the U.S. Treasury released a statement saying it would increase its stake in AIG, allowing the insurance company to draw up to
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Canadian Dollar Loses Ground as Equities Fall
The Canadian dollar saw some brief strength overnight, but a drop in equity markets is dragging the loonie lower.Broader U.S. dollar weakness helped the Canadian dollar make modest gains overnight.USD/CAD then spiked lower in what currency strategists said was a relief rally following an in line U.S. nonfarm payrolls report. The cross hit a session low at 1.2766 CAD following the report. However, strategists are not expecting the relief rally to last. U.S. equity markets already are
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Forex: EUR/USD falls below 1.3000 on risk aversion
FXstreet.com (Barcelona) - EUR continues suffering on risk aversion today's session. Last hour, the pair has fallen around 60 pips from 1.3021 to reach a fresh intra-week at 1.2964 as risk aversion on fears related to swine flu and Fed reports asking Citi and BoA to raise additional capital.Currently the pair is trading around 1.2990/1.3000 after losing 0.22% so far today from opening price at 1.3023.The Swiss e Trade Strategy Team says: The pair is consolidating its lower levels in
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Euro Gets Lift From Equity Markets
The euro gained more than 1.5 cents against the U.S. dollar on Tuesday as a rebound in stock markets spurred buying.The euro has made gains in three of the past four sessions after falling to a 10-week low last week. Most recently, it was up 0.0163 to 1.2857 USD.The real issue for the euro is that it's trading as a derivative of equity markets, said Adam Boyton, senior FX strategist at Deutsche Bank.At 3 p.m. EST, the
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Euro Weakens on More Banking Woes
Risk aversion is alive and well Monday morning, which is helping boost the U.S. dollar across the board.U.S. equity futures are under pressure ahead of the North America trading session, which is helping to support the U.S. dollar. Currency markets are reacting to news that the U.S. government will provide AIG with more government funding, according to currency strategists. The euro continued to lose ground against the U.S. dollar overnight and is trading near the bottom of
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U.S. Dollar Remains Strong as Equity Markets Continue to Fall
(CEP News) - Weaker equity markets continue to dominate currencies, and are providing support for
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U.s. Dollar Advances Vs. Yen.
In the news: March- 4 Today the U.S. Markets rallied on speculation China will expand efforts to increase growth and U.S. lawmakers will reach an agreement on a plan to stem foreclosures. The S&P 500 rebounded from multi-year lows and some of the Chinese stock markets jumped the most in four months. Treasuries fell, as equity markets moved higher. The Dollar gained versus the Japanese Yen, but did not do well versus other majors, as the uptrend in stocks curved
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Canadian Dollar Caught in Range Trading
The Canadian dollar was on a rollercoaster ride during the Asian and European trading sessions overnight, bouncing within a one-cent trading range.USD/CAD continues to track equity markets on Wednesday morning. The cross is showing some modest strength as U.S. equity futures point to a weaker open for the North American trading session. The cross is caught in the middle of the range at 1.2456 CAD.Jacqui Douglas, currency strategist from TD Securities, said there is a lot of
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Midday Market Recap: Equities Take Back Losses Depite Negative Sentiment
U.S. equity markets have retraced almost half of Monday's losses and are trading near strong resistance levels despite apprehension over the U.S. auto industry.Markets continue to digest Monday's grim news regarding the auto industry, however the negative sentiment isn't having much impact on equities as they are showing a 1% gain on the day.The Dow Jones industrial average up 82 points to 7604, the S&P 500 is up 9 points to 796 and the Nasdaq is up
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