The Federation of Thai Industries supports the Bank of Thailand’s policy to stimulate capital outflow in an attempt to weaken the baht. FTI chairman Santi Vilassakdanont said on Tuesday he agreed with the central bank’s move to relax foreign exchange …
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(RTTNews) - Tuesday in Asia, the Aussie slumped against its major counterparts as the Reserve Bank of Australia left the official interest rate unchanged, defying financial market expectations for a 25 basis point hike. Amid the rate announcement …
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TOKYO, Feb 2 (Reuters) - The dollar steadied on Tuesday after falling away from six-month highs on a basket of currencies, while the Australian dollar retained broad gains ahead of a widely expected interest rate hike later in the day. The yen was …
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FXstreet.com (Buenos Aires) – GBP/USD Current price: 1.5947. Pound recovery also halted mid American session, with the pair consolidating in a tight range just under 1.5970 resistance area. Hourly charts show the pair has lost upside momentum …
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FXstreet.com (Córdoba) – The Dollar pulled back against majors on Monday rising only against the Yen which was the worst performer across the board. Optimism helped stocks recover and pushed Greenback and the Yen down, as demand for safe assets …
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Leverage is probably the one characteristic of the forex market that intrigues individual investors the most. Leverage is the ability to convert a small amount of power into a larger amount through the use of a tool. Imagine you are asked to move a …
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NEW YORK, Feb 1 (Reuters) - The dollar rose against the yen on Monday, and higher-yielding currencies such as the Australian and New Zealand dollars also gained as data showing manufacturing growth worldwide strengthened optimism about a global …
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(RTTNews) - The euro was treading water versus major counterparts on Monday after suffering brutal losses in January. Crippled by debt problems facing Greece and Portugal and speculation the economic recovery in the EU will continue to lag behind the …
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FXstreet.com (Córdoba) – The Dollar lost strength against the Yen in the last hours after rising to 90.94, the highest price since January 21. USD/JPY pulled back to 90.61 and currently trades at 90.65/68, 0.88% above today’s opening price …
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Momentum : The dollar index went into Long mode in early December and has oscillated up and down since then, but with no real passion to make and hold a momentum break. Elliott Wave : The dollar index reached new highs recently, which did not …
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