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Forex: EUR/USD jumps above 1.3000 after US opening bell

FXstreet.com (Barcelona) - EUR has gained more than 100 pips against USD in the last hour from 1.2921 to 1.3031 after the US opening bell. Currently the pair is trading around 1.3025/35 after rising 0.72% so far today from opening price at 1.2936.IMF has said global recession will be deeper and the recovery will take more than previously expected. Even once the crisis is over, there will be a difficult transition period, with output growth appreciably below rates seen in

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Forex: USD/JPY climbs up above 98.00

FXstreet.com (Barcelona) - USD/JPY has risen around 75 pips from 97.59, fresh April low, to 98.33 after the US opening bell. Currently the pair is trading around 98.15/25 after losing 0.35% so far today from opening price at 98.53.Yesterday, pair won 0.79% from opening price at 97.79, reaching 98.91 as maximum and 97.73 as minimum, to close the day at 98.53.Valeria Bednarik, FXstreet.com collaborator, says: Despite the strong upside trend Japanese Yen was developing as safe-haven, optimism and rising stocks

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Asian markets, flat after ?stress test?; Euro, Pound and Yen consolidate

FXstreet.com (Barcelona) ? Asian markets have remained little moved on Friday after U.S. Treasury reported that the 19 largest banks would need $75 billions to be well capitalized, a lower than expected figure. Euro and Pound and Yen have been consolidating during Asian session.Japanese Nikkei index adds 0.2% reversing opening losses, while South Korean Kospi Index trades 0.4% above its opening level, and Australian S&P Index fell 0.7%.Banking shares have been higher today despite rises were narrow in all cases;

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Forex: USD/JPY: Dollar will reach 100.00 in June; 105.00 max. level in September ? CIBC

FXstreet.com (Barcelona) ? Recent Dollar weakness, which has driven the pair down to 95.10 low today, is about to end, as the Dollar will reach levels around 100.00 in June according to CIBC World Markets.The Exchange rates Forecast by CIBC world markets forecasts the Dollar to reach levels at 100.00 in June and peak at around 105.00 in September, before pulling back to 97.00 in December.For next year, CIBC World Markets forecasts further Dollar weakness, to drive the pair to

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Forex: USD/CAD falls 1.30% on the day to test 1.2050 support

Fxstreet.com (Barcelona) - USD/CAD is testing the 1.2050 level after falls 1.30% so far today from opening price 1.2210. Last three hours, the pair has been traded in a small range between 1.2045 and 1.2075, currently the pair is trading around 1.2045/55.Yesterday, USD/CAD won 0.21% from opening price at 1.2183, reaching 1.2266 as maximum and 1.2165 as minimum, to close the day at 1.2209. On the week, with todays losses, the pair has lost the gains posted last two days,

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Forex: GBP/USD rises to test 1.5100 again from 1.5010

FXstreet.com (Barcelona) - After falling to 1.5010 from 1.5085 after the US opening bell, the Cable has begun to rise to reach the 1.5095 and test the 1.5100 resistance level. Currently the pair is trading around 1.5085/95, 0.25% up from 1.5050 today's opening price.According Greg Holden, analyst at ForexYard, Dollar breaks losing streak: Buying of the Dollar resumed yesterday as equities finished lower and the U.S. economy showed better than expected manufacturing data. Traders are allocating their positions accordingly as

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Forex: USD/CAD rises 0.50% so far today to test 1.2435

FXstreet.com (Barcelona) - USD/CAD is testing 1.2435 resistance level after rising 0.50% so far today from opening price at 1.2377. Currently the pair is trading around 1.2425/35.Along the European session, USD/CAd has been trade in a small range between 1.2390 and 1.2435. Yesterday, USD/CAD lost 0.25% from opening price at 1.2408, reaching 1.2505 as maximum and 1.2327 as minimum, to close the day at 1.2376.According to the Mataf.net analyst team, USD/CAd is in consolidation movement: 1,2392. USD CAD is in

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Forex: NZD/USD collapses 3.15%, below 0.5500

FXstreet.com (Barcelona) - The kiwi has lost around 3.15% against USD from 0.5646 today's opening price to reach 0.5487, fresh monthly low. Currently NZD/USD is trading around 0.5505/15 range.Since April 13 NZD/USD has fallen around 450 pips from 0.5933, April 13 highest to 0.5487, today and monthly low. Last week, NZD/USD lost 3.33% from 0.5850 Monday opening price, reaching 0.5933 as maximum and 0.5652 as weekly minimum, to close the week at 0.5657 as Friday closing price.For more information, read

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