Forex. Brokers, News, Trades

Facebook and Personal Data’s Value

admin — Wed, 01 Feb 2012 17:36:07 +0000

Facebook, the vast online social network, is poised to file for a public stock offering on Wednesday that will ultimately value the company at $75 billion to $100 billion, cashing in on the fuel that powers the engine of Internet commerce: personal data. The company has been busily collecting that data for seven years, compiling [...]

Oanda`s open positions ratio as 1st of February, 2012

admin — Wed, 01 Feb 2012 17:24:57 +0000

As stated on Oanda-s web site, long to short positions Ratio is 40/60. This info on current open orders and open positions in Forex market lets an interpretation of current trading activity of thousands of traders, including the client price expectations that are contributing to natural resistance and support levels. Ratio for other pair you could [...]

EUR/JPY drops below 101.00

admin — Fri, 27 Jan 2012 07:08:36 +0000

EUR/JPY drops below 101.00 on general JPY buying interest. The Euro has traded down to 100.75 yen during the Asia/Pacific session. EUR/JPY support is seen at 100.28 (3 Jan high), with resistance at 101.13 (intraday). Right now the Japanese currency is supported on exporter-based buying as they convert proceeds into yen. Dealers say it’s a [...]

Greek troubles remain, EUR/USD Strengthens

admin — Thu, 26 Jan 2012 07:55:10 +0000

Open 1.3110 High 1.3120 Low 1.2929 Close 1.3105 On Wednesday, 25th January, 2012 Euro/Dollar increased significantly with 190 pips. The Euro appreciated from 1.2929 to 1.3120, matching the positive Interbank sentiment projection at almost +10%. A break above the resistance and yesterday’s top at 1.3120 may trigger further strengthening of the Euro. Going bellow yesterday’s [...]

Air France-KLM 2012 troubles

admin — Wed, 25 Jan 2012 09:47:02 +0000

PARIS — Air France-KLM’s (AF.FR) financial situation is “extremely tight” and the company incurred a substantial operating loss in 2011 for the fourth consecutive year due, among other things, to rising fuel costs, the chief executive of Air France, one of the Franco-Dutch group’s two airline divisions, said Wednesday. Alexandre de Juniac told a French parliamentary commission that Air France-KLM’s [...]

Sentiments are expected to shift to USD

admin — Tue, 24 Jan 2012 21:09:23 +0000

The EURO increased considerably against the major currencies yesterday as a result of the announcement of the decision on the Greece’s debt crisis. Despite the lack of amicable solution, the EURO did gain considerably. This trend is expected to change today as traders await the announcement of the Richmond Index at 10:00 AM. In the [...]

Stocks open lower on Greek debt fears

admin — Tue, 24 Jan 2012 14:57:40 +0000

NEW YORK (CNNMoney) — U.S. stocks opened in the red Tuesday as investors awaited progress on Greek debt talks and waded through another batch of corporate results. The Dow Jones industrial average (INDU) lost 65 points, or 0.5%, the S&P 500 (SPX)shed 8 points, or 0.6%, and the Nasdaq (COMP) dropped 12 points, or 0.4%. [...]

Euro Bounce May Find Added Fuel In Flash PMI Data

admin — Tue, 24 Jan 2012 09:07:38 +0000

Looking ahead, the focus turns to January’s preliminary set of Eurozone PMI figures, with consensus forecasts calling for narrow improvements. The region-wide composite PMI reading is expected to rise to 48.5 in January from 48.3 in the previous month, meaning both the manufacturing and service sectors shrank at a slower pace. While this hardly sounds [...]

Any Short-Term EUR/USD Rally May Fade

admin — Mon, 23 Jan 2012 07:30:28 +0000

Barclays Capital recommends against buying the EUR/USD even if signs emerge that Greece and its private-sector creditors are making progress on a debt deal. “Although a positive outcome may reduce the EUR risk premium, the balance of risks, a slowing real economy and further easing by the ECB all suggest fading any short-term rally in [...]

Year of the Dragon in FOREX

admin — Sun, 22 Jan 2012 21:19:43 +0000

Chinese markets will be closed this week as the Chinese celebrate New Year and the Year of the Dragon. In Asia this Monday morning we are looking forward to the release of the Australian Q4 Producer Price Index Australian Q4 PPI expected + 0.4 % q/q + 3.0 % y/y from 0.6 % q/q 3.5 [...]