Posts Tagged ‘money’
British Pound Pressing against Resistance Line (DailyFX)
The GBPUSD looks vulnerable but it is difficult to short without a point of reference to place a stop. It is best to wait for a top to form and then short a bounce. Read More →
[$$] Soaring Czech Koruna Sparks Intervention Jitters (at The Wall Street Journal)
Soaring Koruna Sparks Intervention Jitters The Czech National Bank could soon take action to tame its soaring currency, analysts warn, after the koruna this week shot to its highest level against the euro since late 2008. Read More →
FOREX-Euro hits 12-wk high; helped by data, month-end demand (at Reuters)
* Euro trades above $1.31 for first time since early May * Focus now on whether euro can climb above $1.3125 * Investors buy euros before month-end Read More →
UPDATE – Dollar Thrifty shares up after Avis offer (at Reuters)
Shares of Dollar Thrifty Automotive Group rose about 2 percent Thursday, a day after Avis Budget Group Inc topped Hertz s offer for the car rental company, as investors looked for a better deal. Read More →
British Pound Forecast to Advance Against Yen (DailyFX)
Japanese Yen Positioning Remains at Extreme Levels (DailyFX)
British Pound Turnaround May Be on the Horizon (DailyFX)
Speculative Sentiment Index Points to Further U.S. Declines (DailyFX)
EURUSD – Euro Forecast to Gain Versus U.S. Dollar GBPUSD – British Pound Turnaround May Be on the Horizon USDJPY – Japanese Yen Positioning Remains USDCHF – Swiss Franc May Continue to Strengthen against Dollar USDCAD – Canadian Dollar Forecast to Break Below Narrow Range GBPJPY – British Pound Forecast to Advance Against Yen View individual currency SSI charts in our FX Sentiment section... Read the rest of this entry
Euro Rises on Italian Austerity Plan (TheStreet.com)
The euro breaks its May 10 high, helped by news that Italy s lower house passed a two-year debt reduction plan. Read More →
[$$] Forex Markets Show Companies Need Better Hedging (at The Wall Street Journal)
Companies Need Better Hedging Managing companies exchange rate risks often involves more art than science, as is clear from a slew of earnings results after an especially volatile quarter in currency markets. Read More →
