Showing posts with label Forex News. Show all posts
Showing posts with label Forex News. Show all posts

Wednesday, 28 September 2011

AUD/USD Falls On New Euro Zone Bailout Worries

Australian dollar was lower against its U.S. counterpart on Wednesday, Greek reports of divisions within the euro area in terms of recovery, such as poor market sentiment.

AUD / USD, day late Asian trading at low speed, then the pair consolidated 0.9879, 0.9844 0.36% hit.

Double-high 0.9985 on Tuesday at, 0.9690 September 22 and resistance is likely to find the lowest support.

Market sentiment, a rescue plan for Greece seconds EUR109 information on conditions in the euro area, a split among the European leaders addressed the debt crisis has added to concerns, as he was beaten.

Meanwhile, the Greek Parliament, one of the countries closer to get more financial support and avoid a possible failure, on Tuesday night passed a law on property taxes.

At the end of the day, the European Fund for financial stability in Finland was the realization of the potential increase in the vote.

Also Wednesday, the data industry in Australia new home sales down 8% after one month, rose 1.1% in August.

Meanwhile, the Australian dollar trading at 1.2574, AUD / NZD 0.04% to New Zealand dollar rose against the inching.

Later Wednesday, a U.S. raporuFederal Reserve, Ben Bernanke, scheduled to speak at the same time order for durable goods, to be published.

USD/JPY Drops Amid Euro Zone Divisions

Greece and the European financial stability of the U.S. dollar boosted demand for safe haven in a potential expansion in the euro area in terms of recovery against the yen Wednesday as the lower divisions.

USD / JPY down 0.45 to 76.46% in early trading European day lower, hit by a double 76.48 later consolidated.

Double 77.06, September 14, high in the September 22 low at 76.10 and resistance is likely to find support.

Market sentiment in Greece to recover EUR109 in the middle of the growing concern of funding for the second installment of bloc countries in terms of a single currency weakened in recent months following reports a sharp increase in the division.

Voltage is a potential for development in the European financial stability has increased on a number of important votes. On Tuesday, German Finance Minister Wolfgang Schäuble, Chancellor Angela Merkel welcomed the idea of ​​extending the EFSF and firepower, "stupid", said he would.

Finland was a decision at the end of the day because of the German Parliament voted Thursday on the proposed improvements.

Meanwhile, the country's public finances half a year before the end of the new demand, the Japanese funds raised go back and buy the local exporters.

Elsewhere, the yen at 104.11, / JPY down 0.23% against the euro by euro rose to success.

Later Wednesday, a U.S. raporuFederal Reserve, Ben Bernanke, scheduled to speak at the same time order for durable goods, to be published.

GBP/USD Edges Higher Amid Greece Bailout Hopes

Sterling rose against the dollar Wednesday; the next credit tranche of financial assistance to Greece is close to a growing sense of optimism behind the gains of the euro monitoring.

GBP / USD in early European trade, the daily high, 0.05% makes the pair later in the consolidated 1.5644, 1.5674 in the game.

1.5746 cable, 21 on Tuesday, September 1.5525 high-low, and resistance is likely to find support.

Tuesday, the Greek Parliament to prevent default on property taxes approved to achieve the deficit reduction. Meanwhile, Slovenia and Greece, voting and the role of the euro fund recovery area, go to expand the European financial stability.

EUR440 million in Germany EFSF, however, continue to oppose the expansion of capacity in the region, the lack of consensus on how best to resolve the debt crisis had to worry about.

In addition, the Financial Times, the second rescue plan for the departments in terms of Greece suggested that the report was among the members of the single currency bloc.

Sterling Trust is also the Bank of England until the end of the year to revive the faltering economy in the UK can apply more money to stimulate speculation constantly weighed.

Sterling EUR / GBP 0.8711 goes up to 0.26%, fell against the euro.

Later in the day, ABD'deFederal Reserve, Ben Bernanke, scheduled to speak time, durable goods orders was the publication of government data.

Tuesday, 27 September 2011

NZD/USD Rises To 2-Day High on EFSF Hopes

New Zealand dollar rose to a counterpart in the United States two days of training on Tuesday, the leaders of the euro area European Financial Stability Fund has considered the risk of speculation as ways to increase sensitivity.

NZD / USD hit 0.7887 in Asia during the last operation, the pair the highest since September 23 and the pair consolidated 0.7860, an increase of 0.77%.

Double 0.7723 0.8011 may find support and resistance Sept. 23 low, 25 May high.

Financial executives in the euro zone single currency as the debt crisis of deepening concerns about the speed of the block, amid speculation that explores ways to strengthen the stimulus funds to strengthen market confidence.

On Monday, the EUR440 million senior politicians of the European Central Bank European Financial Stability provides more money for the European Central Bank, can be used as collateral for the debt, he said.

In addition, the kiwi AUD / NZD shedding 0.39% to trade at 1.2555 rose against the Australian dollar.

Later in the day, Richard Fisher, a member of the U.S. Open Market raporu Federal also discussed consumer confidence, would be free.

EUR/USD Edges Up On EFSF Expansion Hopes

The euro rose against the dollar Tuesday, the EU leaders Recovery Fund areas, examine ways to strengthen the European financial stability has increased the speculation.

EUR / USD are 0.11% of the last operation in Asia it is easier for the couple, the highest since Friday, and then consolidated at 1.3549 while the pair hit 1.3566.

Double 1.3361 Monday low, and eight months is likely to find support and resistance to 1.3693 in the September 12 high.

Monday, a senior politicians EFSF EUR440 million from the European Central Bank provides more money than the European Central Bank, can be used as collateral for the debt, he said.

But the single currency, then a week before the vote under pressure from the expansion of the role of EFSF kaldı.Gerekli steps to expand the functionality of the previous measures to be applied to the part must be approved by the governments of the EU.

In the meantime, the Greek government to provide support at the end of the day was voted a new round of austerity measures needed.

Elsewhere, the euro EUR / USD 0.8685 0.09% to reach the lost, fell against the pound.

Also Tuesday, a report showed German consumer climate indicator was 2.5 in August. Analysts had expected the rate of decline of 5.1.

AUD/USD Hits 3-Day High On E.Z. Bailout Reports

Australian dollar against its U.S. counterpart Tuesday reached a maximum of three days; according to a plan to increase funding in the recovery of the euro area has increased feelings of risk.

AUD / USD pair is the highest since Sept. 22, up 0.33% after a few more consolidated than 0.9866, 0.9905 hit during the last operation in Asia.

Parity 1.0069, March 21 amounted to 0.9690 may find support in September 22 with low resistance.

Officials euro zone finance the spread of concerns about a possible rate loan, reports that the relief funds to explore ways to strengthen the single currency bloc struggles to strengthen market confidence.

On Monday, the EUR440 million senior politicians of the European Central Bank European Financial Stability provides more money for the European Central Bank, can be used as collateral for the debt, he said.

Meanwhile, the Australian dollar EUR / YTL 1.3711 against the euro and rose to hit a loss of 0.39%.

Later in the day, a report of U.S. consumer confidence would be released. Member of the Federal Open Market Committee Tuesday for a speech by Richard Fisher as well.

Dollar Higher vs. Rivals Amid lingering E.Z. Concerns

U.S. dollar was higher against most market sentiment on Tuesday, weighed on the euro, but strengthened by comments from Finance Minister of Spain.

Europe in the morning, the dollar EUR / USD 1.3512 0.16% to the slide, rose against the euro.

Finance Minister, Elena Salgado, Spain, 2000000000 Fund says it plans to raise € on the table after the euro fell to non-recovery of the euro area.

Also Tuesday, the index German GfK consumer sentiment in August, a report showed that 5.2 had. Analysts had expected the index fell by 5.1 last month.

Dollar also GBP / USD 1.5548 0.10% to the slide, rose against the pound sterling.

Meanwhile, the U.S. and the yen higher against the Swiss franc and dollar / yen 76.43, with a gradual increase 0.09% and USD / CHF 0.9029 to reach is increased by 0.14% of.

Official data on the weight of a strong Swiss franc as the UBS consumption indicator of consumer confidence, a revised 28.1 reading in August, and 0.79 in the previous month declined to show.

Also Tuesday, the Japanese government announced new measures to reduce the impact on the yen stronger economy and restructuring costs, a supplementary budget to fund said it intends to approve the measures before the end of the year.

Dollar up 0.14% to 1.0266 USD / CAD and the Australian dollar and New Zealand rose against the face down to his Canadian counterpart and the AUD / USD 0.9894 0.61% to meet the rising and NZD / USD 0.7876 0.94% increase to reach.

Commodities related to New Zealand and the Australian dollar found support commodity prices recovered after heavy losses in recent days.

Monitors the performance of a basket of foreign currencies against the dollar index, six dollars, to 78.98, rose to 0.27%.

Later in the day, Richard Fisher, a member of the U. S. Federal Open Market also discussed the report that consumer confidence would be free.