Archive for the 'forex' Category
Euroвs Rise due to Optimism?
July 25th, 2007The Euros rise against the USD over the last year has been swift and unimpeded. Many commentators have theorized that it is intense pessimism surrounding the US economy and economic conditions-namely the burgeoning twin deficits-that is responsible for the Dollars demise. Now, a new theory is being batted around, one that is quickly gaining traction […]
Daily Report: Yen Continues to Rebound on Risk Aversion
July 24th, 2007Action Insight | Written by ActionForex.com | Jul 24 07 09:37 GMT |
Forex Daily Technical Report Yen Continues to Rebound on Risk Aversion
The Japanese yen continues to extends its recent rebound on carry trade unwinding. Market’s are still focusing of subprime problem spillover which pushes investors away from riskier assets. Sterling also continues […]
Mid-Day Report: CAD Surges on Retail Sales, EUR/USD Scores Another Record High
July 24th, 2007Action Insight | Written by ActionForex.com | Jul 24 07 13:21 GMT |
Forex Mid-Day Technical Report CAD Surges on Retail Sales, EUR/USD Scores Another Record High
USD/CAD tumbles sharply immediately after the release of Canadian retail sales data which showed sales grew at fastest pace in almost a decade at 2.8%, much stronger than […]