is the aussie dollar expected to drop

Aussie Dollar Could Drop on Weaker-than-Expected Employment Report

The Antipodean currency has experienced a choppy ride during the past week. A wave of risk aversion on Tuesday caused the Aussie dollar to drop two cents and give up most of its gains during the week.Today the Aussie dollar has remained relatively range bound, hitting a session high of 0.6601 USD and a session low of 0.6483 USD. The Aussie dollar is up 0.23 cents to 0.6571.Strategists are waiting for January's employment number, which they said could add 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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Aussie Dollar Weaker Against Majors

The Aussie dollar is weaker against majors on Thursday after a bout of lower tier economic data for the region and comments from Chinese officials, who remain vague about promises of more stimulus.Australia posted a A$970 million trade surplus in January, against forecasts for a A$1.1 billion surplus and previous A$598 million reading in December. The Aussie dollar is down 1 cent at 0.6395 USD.Australian building approvals fell 3.7% month-over-month in January, despite forecasts for a smaller

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Grim Canadian Data Could Add to Canadian Dollar Weakness

Weaker Canadian data could be having a slight impact on the Canadian dollar as equity momentum dominates currency markets.A drop in equities is causing a rally in the U.S. dollar across the board. Positive market sentiment caused a modest sell-off in USD/CAD in the Asian session. However, the sentiment dissipated just before the North American open. The cross is trading around the 1.24 level.The Canadian dollar continues to be one of the worst performers against the U.S.

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USD/JPY: Yen strengthens further, Dollar below 98.00

FXstreet.com (Barcelona) ? Dollar continues weakening against the Yen, the pair has broken its day bottom around 98.05 to drop to levels at 97.80 with Apr 20 low at 97.65 on sight.Next support levels stand at 97.65 (Apr 20 low) and 97.35 (Upward trending support line from Jan 21 low). On the upside 98.00/05 and 98.45.According to Peter Rosentreich, technical analyst at ACM - Advanced Currency Markets, the Dollar could drop lower: ?Predictions of fthe buying of oreign security investment

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Aussie Dollar Could Drop on Weaker-than-Expected Employment Report

The Antipodean currency has experienced a choppy ride during the past week. A wave of risk aversion on Tuesday caused the Aussie dollar to drop two cents and give up most of its gains during the week.Today the Aussie dollar has remained relatively range bound, hitting a session high of 0.6601 USD and a session low of 0.6483 USD. The Aussie dollar is up 0.23 cents to 0.6571.Strategists are waiting for January's employment number, which they said could add to

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Dollar Falls Against Yen Following Drop In Japan’s Gdp

Dollar falls against Yen following drop in Japan’s GDPWhat’s New?United Kingdom: Consumer prices and retail prices lower than expected.United States: Housing starts and permits tumble to record lows.United States: Weekly retail sales show weak consumer demand.Japan: Economy shrinks 4% in the 1st quarter.Today: 10h30 United Kingdom: Bank of England

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Higher High/higher Low ; Lower High/lower Low

bonjour à tous,à force de tester un peu tous les indicateurs et de tenter de créer un quelconque système rentable à l'aide de ceux-ci, et en échouant (lamentablement...) , et sachant de plus que les indicateurs ne sont finalement qu'une interprétation du price action, je me demandais si par hasard il n'était pas possible de ne se fie

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Forex - Dollar rallied on Wednesday supported by drop in Oil prices and improved confidence in financial sector

The Dollar rallied to a one-month peak against the Yen and a two-week high against the Euro on Wednesday, supported by a further drop in Oil prices and improved confidence in the US financial sector.The Dollar also continued to benefit from comments from Philadelphia Federal Reserve President Charles Plosser, who said on Tuesday that the US central

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Forex - Investors unwinding risks on lower US financial stocks

The Dollar dropped against the Yen on Monday, pressured by sharp losses in US equities as remaining credit worries forced investors to reduce risky trades. Dollar gained against the Euro and Sterling on views that declining growth in Euro-zone and United Kingdom could force their Central Banks to cut benchmark interest rates. Yesterday better-than-

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