Jump to content

Exchange Blog Cryptocurrency Blog


All Pips



internationallove

Member
  • Posts

    3,649
  • Joined

  • Last visited

  • Days Won

    1

Everything posted by internationallove

  1. Market Analytics:FBS Markets Inc. AUD/USD: limited recovery AUD/USD recovered above $1.0200 after the Wednesday’s 4-months low of $1.0180. However, daily gains were capped at $1.0290. The pair remains in a downtrend since mid-January. Westpac: The RBA is expected to leave policy unchanged on a meeting on the next Tuesday (support for the Aussie). However, the week’s data probably won’t inspire confidence while the global environment seems set to limit risk appetite. We stick to neutral on the week, with $1.0380/1.0400 looking as a strong resistance. Resistance: $1.0290/0300, $1.0350, $1.0390/0400 Support: $1.0230, $1.0200, $1.0185, $1.0150 - See more at: http://www.fbs.com/analytics/2013-02-28/21733-audusd-limited-recovery#sthash.LRXyN9Ia.dpuf Chart. Weekly USD/CAD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-28/21733-audusd-limited-recovery
  2. Market Analytics:FBS Markets Inc. Key options expiring today Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (3 p.m. GMT). Here are the key options expiring today: EUR/USD: $1.3050, $1.3100, $1.3160, $1.3170, $1.3190, $1.3300; USD/JPY: 91.50, 92.00, 93.00; USD/CHF: 0.9235, 0.9270; AUD/USD: $1.0150, $1.0200, $1.0225, $1.0250; EUR/JPY: 120.00, 120.50. - See more at: http://www.fbs.com/analytics/2013-02-28/21726-key-options-expiring-today#sthash.gl8mOOat.dpuf Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-28/21726-key-options-expiring-today
  3. Market Analytics:FBS Markets Inc. Feb. 28: Asian session EUR/USD rose to $1.3150. Risk sentiment revived on good US pending home sales and core durable goods orders. The Fed’s Chairman Ben Bernanke said nothing new reiterating that bond purchases are here to stay for now. The ECB’s President Mario Draghi signaled yesterday the bank has no intention of tightening monetary policy anytime soon with inflation projected to “significantly” undershoot its 2% target next year. US dollar is supported by the expectations that American Q4 GDP will be revised up today and we’ll see US economy gain, not contract in the final 3 months of 2012. USD/JPY is above 92.00, but the upside has been contained for now by the resistance of 92.70. Prime Minister Shinzo Abe nominated Asian Development Bank President Haruhiko Kuroda to be the next Bank of Japan’s governor and Kikuo Iwata Hiroshi Nakaso as deputy governor candidates, raising the prospects for additional stimulus, though it’s old news. AUD/USD went up to $1.0285 after hitting $1.0195 earlier today. Aussie rallied after a report showed companies will continue to invest into next year reducing the possibility of the RBA’s rate cut. NZD/USD is back above $1.8300. GBP/USD is trading around $1.5170 after testing $1.5080 yesterday. USD/CAD eased down from more than 7-month highs to $1.0227. USD/CHF is below 0.9300. - See more at: http://www.fbs.com/analytics/2013-02-28/21716-feb-28-asian-session#sthash.WyCfnipC.dpuf Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-28/21716-feb-28-asian-session
  4. 999 Contest started! Dear traders! 999 Demo Contest has successfully started. And now a whole month of exciting trading is expected. 2397 traders from all over the globe will be struggling to win the competition and receive 111 USD, 333 USD or 555 USD. Contest period: 28.02.13 - 29.03.13. Contest details Contestants’ ranking Discuss on Forum We wish all the traders good luck and will carefully follow the contest process! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Best Forex Broker Asia 2012 FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
  5. NEW - FBS Deposit Insurance!!! Hot News from FBS! FBS starts a new unique campaign – FBS Deposit Insurance. Right now you can insure from 10% to 100% of your deposit. In case you lose it, FBS will pay you back. We are the first on Forex market to insure traders’ deposits against losses! And we do it for FREE! Trade with FBS! Insure Now Do not lose your chance to trade more safe and profitable than ever! Send your greetings to FBS on its 4th Birthday! Upload a greeting poem, card, photo or video on the theme of FBS and I or FBS – 4 years of Success Authors of the best greetings in each of 4 categories will be determined via an open vote and get 250 USD each as a gratitude from FBS. Moreover authors of the most sincere and impressive greetings will receive special gifts from FBS! Take part in a world-wide celebration! Greetings are accepted: 12.02.2013 - 01.03.2013 Upload Greetings FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Best Forex Broker Asia 2012 FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
  6. Market Analytics:FBS Markets Inc. Technical recommendations from RBS EUR/USD: Euro’s ‘head and shoulders’ formation seen on the daily chart has finally reached its objective. EUR/USD is supported around $1.3040 (Jan. 9, 10 lows). The market’s basing, so the pair may correct upwards to $1.3198 and possibly even to $1.3269 before we meet any meaningful resistance again. EUR/GBP: The bias has shifted from buying on the dips to selling on rallies. There still should be some strong support in the 0.8506/54 region but breaks through here could be significant. Resistance lies at 0.8690. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-26/21696-technical-recommendations-rbs
  7. Market Analytics:FBS Markets Inc. Italy: old-new reason for concerns Italy has got into a very difficult political situation. Although Pier Luigi Bersani’s centre-left coalition will control the lower house of Italian parliament, it doesn’t have a decisive majority in Senate, so the future government won’t be able to work efficiently and rely on key laws being passed. As a result, there’s no certainty now that Italy will stick to austerity measures undertaken under Monti’s technocrat government. The election has clearly shown an anti-austerity feeling which is gaining strength in Europe. Analysts are now speaking about the grand coalition government of left and right-wing powers – some think that it would be a temporary solution until modifying Italy’s electoral law and another vote before summer, some claim that it will actually work out for longer. No matter what exactly happens, the market’s confidence in EUR seems to evaporate. Italian economy is much bigger than the Greek one, so political instability here might have a stronger negative effect on the single currency. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-26/21692-italy-old-new-reason-concerns
  8. Market Analytics:FBS Markets Inc. Feb. 26: Asian session EUR/USD slipped to $1.3040. Italian election results point at the hung parliament, so the nation may need another vote. Forecasts by state broadcaster RAI showed Bersani winning the lower chamber and former Prime Minister Silvio Berlusconi with a blocking minority in the Senate. USD/JPY is just below 92.00 after yesterday touching the lowest level since Jan. 31 at 90.87. Yen was bought as a safe haven from the European woes. GBP/USD rose to $1.5200. The Bank of England Governor Mervyn King will speak in Tokyo at 06:00 GMT. AUD/USD is trading on the upside within this week’s range of $1.0250/0315 as advances in metal prices supported demand for the currency. NZD/USD is 20 pips up from $0.8320. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-26/21680-feb-26-asian-session
  9. Market Analytics:FBS Markets Inc. USD/CAD: Canada’s unsteady on its feet Canadian retail sales survived in Dec. the biggest drop since June 2010 low, while the nation’s inflation rate reached 3-year minimum. So, Canadian dollar dropped and USD/CAD reached an 8-month high of 1.0255 on Friday. Last week USD/CAD closed above the weekly Ichimoku cloud (1.0190). The next important level to watch is the 200-day EMA (1.0270). This line has been successfully capping the pair’s attempts to recover since Sept. 2009, so it may represent a strong obstacle for the bulls now. Brown Brothers Harriman, however, expects USD/CAD to rise towards 1.0450/0500. USD is overbought at D1 and H4 and there’s a divergence at the latter – sings of potential correction – watch for support at 1.0200, 1.0160 and 1.0200. Resistance is at 1.0256 (Friday’s high), 1.0270 and 1.0300. Pay attention to today’s Bank of Canada’s Governor Carney speech at 17:15 GMT. This month we’ve already seen weak data from Canada: employment unexpectedly fell in Jan. for the first time in six months and manufacturing sales dropped in Dec. Canadian economy is clearly in worse shape than it used to be, so Carney may sound more dovish (CAD-negative). On Friday Canada will release 4Q/December GDP figures. Chart. Weekly USD/CAD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-25/21675-usdcad-canadas-unsteady-its-feet
  10. Market Analytics:FBS Markets Inc. USD/CAD: Canada’s unsteady on its feet Canadian retail sales survived in Dec. the biggest drop since June 2010 low, while the nation’s inflation rate reached 3-year minimum. So, Canadian dollar dropped and USD/CAD reached an 8-month high of 1.0255 on Friday. Last week USD/CAD closed above the weekly Ichimoku cloud (1.0190). The next important level to watch is the 200-day EMA (1.0270). This line has been successfully capping the pair’s attempts to recover since Sept. 2009, so it may represent a strong obstacle for the bulls now. Brown Brothers Harriman, however, expects USD/CAD to rise towards 1.0450/0500. USD is overbought at D1 and H4 and there’s a divergence at the latter – sings of potential correction – watch for support at 1.0200, 1.0160 and 1.0200. Resistance is at 1.0256 (Friday’s high), 1.0270 and 1.0300. Pay attention to today’s Bank of Canada’s Governor Carney speech at 17:15 GMT. This month we’ve already seen weak data from Canada: employment unexpectedly fell in Jan. for the first time in six months and manufacturing sales dropped in Dec. Canadian economy is clearly in worse shape than it used to be, so Carney may sound more dovish (CAD-negative). On Friday Canada will release 4Q/December GDP figures. Chart. Weekly USD/CAD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-25/21675-usdcad-canadas-unsteady-its-feet
  11. Market Analytics:FBS Markets Inc. GBP/USD: tips from the analysts GBP/USD has managed to regain some strength: the pair returned above $1.5100 after testing levels below $1.5000 earlier today. Support lies at $1.5075 and $1.5000 (psychological level). Commerzbank: GBP/USD may recover to $1.5375 and possibly to $1.5525 ahead of further weakness to $1.5000 and $1.4853 (61.8% retracement of the 2009 move). RBS: If GBP/USD stays today below the previous support region $1.5230/1.5350, pound will be vulnerable for further declined to with little support until $1.4780. Westpac: GBP/USD looks like it may target levels below $1.50. However, pound has already lost 7% vs. the greenback. It doesn’t look like the start of the long-term downtrend. Sterling’s cheap and one might consider the idea of buying it.” BBH: GBP/USD may decline to $1.50/$1.48 and possibly even back down to the $1.35 area in the somewhat longer term. If GBP/USD regains the $1.57/$1.56 area, it would negate this view. Chart. H4 GBP/USD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-25/21673-gbpusd-tips-analysts
  12. Market Analytics:FBS Markets Inc. Key options expiring today Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (3 p.m. GMT). Here are the key options expiring today: EUR/USD: $1.3130, $1.3200, $1.3250, $1.3300, $1.3400, $1.3450; AUD/USD: $1.0250, $1.0300; USD/JPY: 92.00, 93.00, 93.50, 94.00; EUR/JPY: 125.00; EUR/GBP: 0.8450, 0.8600. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-25/21669-key-options-expiring-today
  13. Contest for IBs starts on March 1! Dear partners! Don’t miss your chance not only to receive IB Commission on your clients’ trading, but also win valuable Prizes from FBS! Take part in our exciting “iPartner2” Contest and win iPhone5, iPad mini or Macbook Pro from FBS! It is simple: Each IB-participant gets points for every deposit and traded lot of his/her clients acquired within a contest period. 3 contestants with the highest amount of points by the end of the contest period will receive iPrizes from FBS! Contest details Contest period: 1.03.13 – 12.04.13 Registration is OPEN! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Best Forex Broker Asia 2012 FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
  14. Market Analytics:FBS Markets Inc. Feb. 25: Asian session USD/JPY opened with a gap up and is trading close to the 3-year highs around 94.30. Prime Minister Shinzo Abe was said to be very likely to nominate Haruhiko Kuroda as the Bank of Japan Governor – this candidate is expected to favor aggressive policy easing. Abe is also likely to tap Kikuo Iwata and Hiroshi Nakaso as deputy governors, reports Bloomberg. Chief Cabinet Secretary Yoshihide Suga said today Abe will present the nominees to parliament this week, though a final decision hasn’t been made. AUD/USD is on the downside, below $1.0300 after opening with a gap down. Aussie fell after a gauge of Chinese manufacturing came in below economists’ estimates. NZD/USD rose by about 20 pips to $0.8375. GBP/USD opened with a gap down and hit $1.4998, the lowest level since July 2010. Moody’s Investors Service lowered UK credit rating of from the top rating of Aaa to Aa1 citing the nation’s weak growth outlook and and challenges to the government’s fiscal consolidation program. EUR/USD is little changed during the Asian session trading just below $1.3200. Italian election is still underway until the afternoon when first results will be known. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-25/21657-feb-25-asian-session
  15. Happy Weekend from entire FBS team!!! We are always online for you! FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Best Forex Broker Asia 2012 FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
  16. Market Analytics:FBS Markets Inc. EUR/USD: watch the week’s closing level Technical analysts at Commerzbank claim that if EUR/USD closes the week below the 7-month uptrend at $1.3202, the declines will continue. Downside target lies at $1.2679/61 (61.8% retracement of the move up from July 2012 and the November 2012 low). Initial support lies at $1.3075/3 (38.2% retracement of the same move). Specialists at UBS say that if EUR/USD closes below $1.3187, it will drop to $1.3063 and $1.2998. Resistance is at $1.3291 and $1.3434. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-22/21655-eurusd-watch-weeks-closing-level
  17. Market Analytics:FBS Markets Inc. Feb. 22: European session German Ifo Business Climate rose to 107.4 in Feb., compared with the forecast of 104.9 and 104.3 in Jan. Investors were ready to good numbers, so the rally was limited. EUR/USD spiked to $1.3250 and slid to $1.3200. The European Commission revised down 2013 economic growth forecast for the euro zone from 0.1% to -0.3%. German GDP growth forecast for 2013 was reduced from 2% to 0.5% and French – from 1.2% to 0.1%. The ECB will announce the repayment details for the second LTRO at 11:00 GMT – the euro bulls are waiting for the news. Elsewhere USD/JPY is on the upside as before Japan’s Prime Minister Shinzo Abe meets US President Barack Obama today in Washington. GBP/USD slid to $1.5260 after spiking to $1.5320. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-22/21651-feb-22-european-session
  18. Market Analytics:FBS Markets Inc. Key options expiring today Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (3 p.m. GMT). Here are the key options expiring today: EUR/USD: $1.3525; USD/JPY: 91.00, 92.00, 93.00, 93.35, 95.00; AUD/USD: $1.0300; EUR/GBP: 0.8700. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-22/21644-key-options-expiring-today
  19. Market Analytics:FBS Markets Inc. Feb. 22: Asian session EUR/USD is trading above $1.3200 after hitting 6-week low at $1.3161 yesterday. The market’s waiting for Italy’s parliamentary election this weekend. Opinion polls show that former premier Silvio Berlusconi closing a gap with front-runner Pier Luigi Bersani. In addition, the European Commission will release today its economic forecasts (10:00 GMT). Earlier pay attention for German Ifo business climate. Moreover, data may confirm that Germany, euro zone’s biggest economy, contracted by 0.6% q/q in Q4. Asian shares retraced some of their previous declines as sluggish data released in the US yesterday emphasized the need for the Fed’s continued monetary stimulus. AUD/USD is up by more than 60 pips, above $1.0300, after the Reserve Bank of Australia signaled it will refrain from rapid interest-rate cuts. NZD/USD rose to $0.8390. USD/JPY dipped to 82.80 yesterday, but then recovered to 93.40. Yen strengthened this week as investors are trying to guess who will be the bank of Japan’s next governor. GBP/USD recovered to $1.5320 after hitting 2.5 year low at $1.5130 yesterday. USD/CAD is correcting after reaching yesterday levels above 1.0200. Watch for core CPI and retail sales released in Canada later today. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-22/21641-feb-22-asian-session
  20. NEW – A referral link with a key-word Dear IBs, We are glad to offer you a new service for creating a unique referral link. Now you can replace your personal IB code in the referral link http://fbs.com/ppu/xxxx with a unique key-word. A key-word will help you to acquire clients even more efficiently. Your referral link will become even more catchy and individual. You may create your referral link with a key-word right now in your FBS Personal Area. FBS wishes you Finance,Freedom and Success in trading! (Best mini Forex Broker of 2010 - 2011) Best Forex Broker Asia 2012 FBS Fastest Growing Forex Broker Asia 2012 Stay connected with FBS because its all about you!
  21. Market Analytics:FBS Markets Inc. GBP/USD: an impressive slump GBP/USD hit today fresh 2-½-year minimum at $1.5130. At the moment of writing the pair has manage to recover to $1.5250 on slightly better public sector borrowing data and CBI industrial order expectations figures. Sterling has breached down big triangle support line which has been in place since 2009. In our view, it may recover to $1.5350/60 before resuming decline. Support: $1.5233 (2012 low), $1.5130, $1.5070. Resistance: $1.5270, $1.5300, $1.5350, $1.5400. Bank of America Merrill Lynch: We look for GBP/USD to weaken further in the sessions and weeks to come. Wait for any pause/bounce in that down-move and then go short targeting the multi-decade range lows at $1.4035 and potentially at $1.3504. This forecast will be cancelled only if pound manages to rise above $ 1.5640 and the specialists regard such possibility as slim. Chart. Daily GBP/USD Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-21/21638-gbpusd-impressive-slump
  22. Market Analytics:FBS Markets Inc. Key options expiring today Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (3 p.m. GMT). Here are the key options expiring today: EUR/USD: $1.3300, $1.3335, $1.3340/45/50, $1.3475; GBP/USD: $1.5875, $1.6220; USDJPY: 87.50, 88.00, 88.50, 88.75, 90.00, 90.50, 91.00; USDCHF: 0.9150, 0.9450; AUDUSD: $1.0310, $1.0415. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-21/21629-key-options-expiring-today
  23. Market Analytics:FBS Markets Inc. Feb. 21: Asian session US dollar strengthened vs. its counterparts as the Fed’s meeting minutes showed that some policymakers thought the Fed may have to slow or stop buying bonds before seeing a pick-up in employment. Later today the United States will release leading indicators and manufacturing PMIs which may show that American economic recovery is gathering pace. EUR/USD fell from Wednesday’s high of $1.3433 to $1.3250. Watch euro zone’s flash PMIs at 8-9:00 GMT and Spanish 10-year debt auction (around 9:30-10:00 GMT). AUD/USD dropped to February lows below $1.0230 as Asian stocks declined reducing demand for higher-yielding assets. NZD/USD is trading on the downside, below $0.8350. USD/JPY is sitting in 93.13/94.20 area. GBP/USD slumped to $1.5130. USD/CHF rose reaching 0.9300. USD/CAD reached new 7-month high at 1.0192. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-21/21627-feb-21-asian-session
  24. Market Analytics:FBS Markets Inc. Key options expiring today Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (3 p.m. GMT). Here are the key options expiring today: EUR/USD: $1.3350, $1.3475, $1.3500; GBP/USD: $1.5500, $1.5800; USD/JPY: 92.00, 92.50, 94.50; AUD/USD: $1.0100, $1.0200, $1.0400, $1.0525; EUR/JPY: 123.00. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-20/21617-key-options-expiring-today
  25. Market Analytics:FBS Markets Inc. Feb. 20: Asian session EUR/USD peaked at $1.3433 in Asia and then drifted a bit lower, though staying above $1.3400. Euro breached consolidation range of the previous couple of days to the upside. Demand for the single currency increased as data today may show that consumer confidence in the currency bloc improved. USD/JPY initially rose to 83.80 as Japan posted the biggest trade deficit since 1947 (1.63 trillion yen ($17.4 billion)), but then slipped to 93.19 on the speculation that the Bank of Japan refrain from adding to monetary stimulus until new leadership takes over. AUD/USD rose to $1.0365. Iron-ore prices rose to 5-week highs and Australian 10-year yield went to the highest level in 9 months. NZD/USD dropped to $0.8393 (200-period MA on H4) before returning slightly above $0.8400. The Reserve Bank of New Zealand’s Governor Graeme Wheeler said the central bank is prepared to intervene to “smooth the peaks” of the currency’s exchange rate. GBP/USD renewed 7-month low yesterday ($1.5414) and is trading not far from that point, below $1.5450. USD/CHF returned to 0.9200 and may be forming a top. USD/CAD is trading below yesterday’s high of 1.0137. Have a profitable trade with FBS! If you have any questions to our analysts, you're welcome to ask them in comments to this article! Recent market news from FBS Comment here: http://www.fbs.com/analytics/2013-02-20/21605-feb-20-asian-session
×
×
  • Create New...