will canadian dollar rise for this week april 2009

U.S. Jobless claims rise slightly above expectations; Euro drops below 1.3050

FXstreet.com (Barcelona) ? U.S. Jobless claims have increased by 27 K in the week of April the 18th to a total amount of 640K from upwardly revised 6123K on the previous week.The Euro has dropped slightly immediately after claims figures were released dropping to levels below 1.3050 after having reached an intra-week high at 1.3088. GBP/USD has been rejected by the downward trending resistance line off 1.5065 high on April 16, currently around 1.4570, although the Pound remains above 1.4520

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Forexnewsmarket.com 4/23/2009 News

ForexNewsMarket.com - 24/5 Forex News, Analysis, Trading Signals & Much More!4/23/2009Unemployment Levels Rise After Initial DropThe number of jobless claims filed last week rose to 640,000 for the entire week. The rise in claims comes after a drop the previous week. The increased number could be due to layoffs which have been commonplace

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Pound losses early gains ending week lower

FXstreet.com (Córdoba) ? Cable erased early gains against the dollar during the American Session falling from 1.4770 to 1.4645. Now is being traded around 1.4655 that is 0.36% lower for the day. GBP/USD managed to stay above 1.4400 during the week rallying Thursday and early Friday but couldn?t consolidate above 1.4700. For the week the pair is below it opening price on Sunday, but last days recovered after falling to April lows on Wednesday. The pound also lost against

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Forex: USD/JPY: The Dollar edges lower; below 96.60

FXstreet.com (Barcelona) ? The Dollar continues losing ground against the Yen, and drops further from April?s high at 101.45, reaching below last week?s low at 96.60.Next support level comes at 96.45, and below here, 95.95 (Mar 30 low), in case of further decline, the Dollar might find support at 95.40/65 (Mar 12 lows). On the upside, 97.45 and 97.65/85 (last week´s support area), above here, 98.15/20.EUR/JPY has declined from 129.25last week?s high reached on Friday to levels around 126.70

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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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Canadian Dollar Rallies to 10-Week High

Traders brushed aside falling commodity prices on Tuesday as the Canadian dollar climbed to its highest level since late January.The Canadian dollar was the second best performing major currency. Of the G10 currencies, only the Japanese yen made gains against the loonie. Most recently, the U.S. dollar was down 0.0087 to 1.2113 against the CAD. USD/CAD was relatively flat during Asian and European trading. The pair began to rise prior to the North American equity open and

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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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Forex: GBP/USD reaches 1.5515, fresh 2009 high, back below 1.5500

FXstreet (Barcelona) - After recovering from 1.5115 Monday's low and rise around 400 pips in the first two days of the week, Cable has reached a new 2009 high at 1.5515 in the European session. Currently the pair is trading back below 1.5500 level, close to 1.5475/85, 1.00% above today's opening price.Anna Coulling, Analyst at Master The Markets, suggest to buy on any pullback in Cable: Having facetiously suggested that yesterday we would see an up bar, purely based on

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US MBA Mortgage Applications rise a 2% in the 1st of May week

FXstreet.com (Barcelona) For more information, read our latest forex news.

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USD/JPY falls below 94.80, fresh 7-week low

FXstreet.com (Córdoba) ? The Yen strengthen and is rising across the board. USD/JPY rally downside form 95.55 to the 7-weeks low at 94.70. The pair is testing that zone. Next support level is 94.15 (March 20 low). Current price is 94.79 which is 1.22% below opening price. Also against European currencies the Yen is gaining, recovering yesterday losses and heading toward the lows of the week.For more information, read our latest forex news.

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