| Kiwi expected to slip further The New Zealand dollar slipped across a range of currencies, as investors again lost their appetite for risk.As local trading closed yesterday, the kiwi had fallen to US70.67c from US70.94c at 8am, continuing its retreat after... nzherald.co.nz |
Barclays raises forecast for euro (at MarketWatch) Barclays Capital raised its forecast for the euro versus the dollar Friday and now expects the shared currency to fall less over the next few months as previously predicted. The euro will decline to $1.27 in the next month, compared to a previous forecast for it to fall to $1.20 from $1.3065 currently. us.rd.yahoo.com |
U.S. Dollar Begins Week Broadly Lower [at TheStreet.com] - The U.S. dollar was broadly lower to start the new week as the markets respond positively to the somewhat stronger-than-expected Chinese data and the Basel III proposals. us.rd.yahoo.com |
EUR/USD’s Test of Fibo Resistance May Present Scalping Opportunity [DailyFX] - The EUR/USD has seen its bullish rally stall following a failed test of major resistance, as fresh concerns over the European banking system have emerged. Speculation that the Fed will add to their quantitative easing efforts continues to weigh in the greenback which remains a supportive factor for the pair. finance.yahoo.com |
Forex Weekly Trading Forecast - 10.11.10 US Dollar: Coming Week May Decide if it Has Set Important Bottom Euro is as Strong as EURUSD, But is This Pair Set to Reverse? Japanese Yen May Target All-time High If FOMC Signals QE British Pound Caught in QE Rumors, Central Bank Chatter in Focus Canadian Dollar Outperforms, Outlook For Crude Oil Remains Bullish Australian Dollar Primed for Reversal on Failure to Set Fresh High New Zealand Dollar Stumbling, But Not against the Greenback Gold Poised To Push Higher As U.S. finance.yahoo.com |