Forex – Crude Resistance is 7700 Tim Shea, The Currency Market Acclimates
Tim Shea,
The Currency Market Acclimates Itself to Exogenous Event Risk as Speculative Interest Fills Out
John Kicklighter, Currency Strategist
Mid-Day Report: CAD Jumps after BoC Hike, European Debt Worries Ease
Bank of Canada raised overnight rate target by 25bps to 1% as widely expected. One important point to note is that BoC still describe current monetary policy as "exceptionally stimulative" which suggests that the bank’s tightening cycle might not be over yet. Though, further rate hike "will be carefully considered
AUD/CAD Looks Past BoC Tightening For Reversal
The AUD/CAD is looking to test trend line support following a 25 bps rate hike from the BoC, despite the central bank’s slightly lower outlook for growth.
John Rivera, Currency Analyst
Australian Dollar and Japanese Yen Rise as Data Supports
Established trends are maintained in the Asia session, ahead of the Bank of England rate decision. The Aussie-Dollar has attempted to breakout on strong economic data, but tomorrow’s risk trends will need to reinforce the move.
Ilya Spivak, Currency StrategistSumit Roy,
March 13th, 2011 at 11:41 pm
Talk Amongst Yourselves…
In this post created for talking, we take a look at some site that you should become familiar with such as these….