Obama Yellen propose to Fed Vice Chairman: source
Submitted by admin on Fri, 03/12/2010 - 01:04.WASHINGTON (Reuters) - U.S. President, Barack Obama plans to nominate the president of the Federal Reserve Bank of San Francisco, Janet Yellen, vice president of the country's central bank on Thursday said a source with knowledge of the process.
Yellen, considered one of the more moderate policy makers of the Fed, would replace Donald Kohn, who announced earlier that month eset retiring at the end of June. The nomination must be approved by the Senate.
Forecast Currencies, Friday 12 March 2010
Submitted by admin on Thu, 03/11/2010 - 22:06.Free Signals Sign In
EUR-USD
Should complete its rise in 1.3697-1.3705. Should fall below 1.3639.
USD-CHF
It should fall to 1.0683-1.0667. If it rise, should face to 1.0708 or 1.0717. We should place the stop loss above 1.0750.
GBP-USD
Should go to 1.51.04 if 1.5025 or 1.5004 offers support. We should place the Stop loss below 1.4983.
USD-JPY
Should go to 90.74 or 90.98. If you fall, it should find support at 90.48-90.36.
USD-CAD
Forecast Currencies, Thursday 11 March 2010
Submitted by admin on Wed, 03/10/2010 - 22:07.Free Signals Sign In
EUR-USD
It should go to 1.3710. We can see the supports at 1.3601 and 1.3574.
USD-CHF
It should drop to 1.0658 if 1.0726-1.0747 resist. After which should go up to 1.0747 or 1.0767.
GBP-USD
Should stand in support of 1.4840 before rising to 1.5038 or 1.5099.
USD-JPY
Should complete its rise in 90.67-90.94. After which should fall at 90.18-89.97.
USD-CAD
It should fall to 1.0231-1.0211. If you go up, should face 1.0231-1.0285. We should place the stop loss above 1.0235.
Yen cae por nota de Banco de Japón, libra golpeada por datos
Submitted by admin on Wed, 03/10/2010 - 20:40.LONDON (Reuters) - The yen fell on Wednesday, giving up recent gains amid growing expectations that the BOJ will take further monetary easing measures, while the pound fell as persistent worries about credit and the economy .
The Japanese currency had been gaining support in the short term due to the repatriation of funds, as Japanese companies seek to bring home their foreign earnings for the fiscal year end.
However, a Reuters report that the BOJ may ease monetary policy as soon as next week, pushed the yen to session lows against the dollar and euro.
Forecast Currencies, Wednesday, 10 March 2010
Submitted by admin on Tue, 03/09/2010 - 21:08.Free Signals Sign In
EUR-USD
Should hold in support of 1.3537 after which should go up to 1.3645 or 1.3690.
USD-CHF
We see resistance at 1.0778 and 1.0795. It should fall to 1.0717.
GBP-USD
Should go up to the resistance 1.4997-1.5001 after which should fall to 1.4932, it may rebound to 1.5066.
USD-JPY
It should end its decline in 89.62, after which should rise above 90.32.
NZD-USD
It should go to 0.7055 if 0.6995 or 0.6981 offer support. We should place the Stop loss below 0.6935.
AUD-USD
Yen rises on risk aversion, dollar advances
Submitted by admin on Tue, 03/09/2010 - 19:58.NEW YORK (Reuters) - The yen rose broadly on Tuesday by falling global stock markets, making clear progress in risk aversion as investors headed into the Japanese currency, lower performance and considered safer.
The risk appetite has been driven by an employment report better than expected in the United States on Friday that knocked the yen to its lowest in two weeks against the euro and the dollar.
Forecast Currencies, Tuesday, 9 March 2010
Submitted by admin on Mon, 03/08/2010 - 21:44.Free Signals Sign In
EUR-USD
We can see resistance at 1.3669 and 1.3690. It should fall to 1.3592.
USD-CHF
It should hold in 1.0659 after which should go up to 1.0762 or 1.0792.
GBP-USD
This pair has a triangle pattern. It should have an acceleration in prices, if it goes up above 1.5196 or fall below 1.5031.
USD-JPY
Should go to 90.61 or 90.91. We can see the support at 90.10. We should put a stop loss below 89.85.
USD-CAD
It should rise above 1.0293. We can see the supports at 1.0271 or 1.0261.
Euro rises after ceding fears about Greece
Submitted by admin on Mon, 03/08/2010 - 20:17.NEW YORK (Reuters) - The euro gained against the dollar and the yen eased on Monday as fears about the fiscal problems of Greece, on Sunday after French President Nicolas Sarkozy, give clues about a plan to support Athens.
Sarkozy promised that the euro zone countries to Greece would help if your financial problems worsen. Greece has been a heavy burden on the euro in 2010, which has fallen 4.5 percent against the dollar so far this year and 7.2 percent against the yen.
Germany rules out immediate financial assistance to Greece
Submitted by admin on Fri, 03/05/2010 - 18:39.LUXEMBOURG (Reuters) - Germany and all euro zone countries on Friday ruled out any immediate and concrete assistance for Greece to resolve their financial problems at the start of a diplomatic tour of the Hellenic Premier George Papandreou.
Greece hopes to resolve its debt crisis received a significant boost Thursday when a significant release of new debt of the country received strong demand, and European leaders on Friday turned to applaud the new austerity measures announced by Athens.
