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Category: Forex News Wire

2012-05-25 20:30:00 UTC+00

Brent Crude settled higher for the day in inconclusive talks between Iran and West triggering worries of supply disruption ICE Brent July crude settled at $106.83/bbl, edging up 28 cents,. For the week, front-month...

Category: Forex Live Analysis

2012-05-25 14:24:37 UTC+00

The British pound has broken the long-term bullish channel which shows there can be deeper downward sequence, in view of that the pair is in oversold area and the momentum indicator is showing bullish signals, which are more ...

Category: Forex News Wire

2012-05-25 20:04:00 UTC+00

U.S. Crude futures edged higher on inconclusive talks with Iran and world powers and higher consumer morale NYMEX July crude futures settled at $90.86 a barrel, up 20 cents. For the week, front-month crude fell...

Category: Forex Live Analysis

2012-05-25 11:37:13 UTC+00

The GBP/USD currency pair witnessed a quick decline from 1.6120 towards 1.5730 during last week. GBP/USD has intraday support zone located around 1.5740 - 1.5760 which prevented further decline for some time before GBP/USD could break it down. Resistance zone ...

Category: Forex News Wire

2012-05-25 18:29:00 UTC+00

Flaherty said that rising consumer confidence in North America is a more important He said high consumer confidence is more important than the recent depreciation of the Canadian dollar. He also said that on a...

Category: Forex Live Analysis

2012-05-25 11:30:03 UTC+00

USD/CAD Elliott Wave Yesterday the USD/CAD pair was trading in a upward move. During the European session we could observe ascending move toward the 1.0282 level (new daily high). Therefore during the early New York session price ...

Category: Forex News Wire

2012-05-25 18:08:00 UTC+00

S&P cut the ratings on five Spanish banks but kept ratings unchanged for country's two biggest banks, Santander and Banco Bilbao Vizcaya Argentaria. S&P slashed ratings on Banco Popular, Bankinter and...

Category: Forex Live Analysis

2012-05-25 07:56:43 UTC+00

The spot rate is currently testing the intermediate resistance of its medium term bearish channel at 100.10 and seems to initiate a decline. However, a break through these levels will release good potential and will be able to reach the upper limit of this one to ...

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