Monthly Archives: May 2013

Kiwi – Technical Analysis 5-30-2013

NZD/USD fell today and made another attempt to take out the 80.00 price barrier level. The bearish stance in May remains in place and further downside may accelerate if that key support level is taken out. Over the past two

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BOJ Says It Can Do More: What It Means For The Yen

In November and well before Shinzo Abe announced the platform he would base his campaign for the Prime Minister role, dollar/yen (USD/JPY) traded as low as 79.06. The goal of reflating the economy and devaluating the Japanese yen was just

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BOJ Says It Can Do More: What It Means For The Yen

In November and well before Shinzo Abe announced the platform he would base his campaign for the Prime Minister role, dollar/yen (USD/JPY) traded as low as 79.06. The goal of reflating the economy and devaluating the Japanese yen was just

Posted in Posts

Inflation Data Pressures British Pound $GBPUSD

May 21, 2013 – Trader Planet Post The headline rate for inflation fell for England and so did the pound. For the month of April, Consumer Price Index (CPI) declined 2.4%, a significantly lower reading than the forecast of 2.6%

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Inflation Data Pressures British Pound $GBPUSD

The headline rate for inflation fell for England and so did the pound. For the month of April, Consumer Price Index (CPI) declined 2.4%, a significantly lower reading than the forecast of 2.6% and the prior reading of 2.8%. With

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US Dollar Index Continues Its Climb To the Sky $USDX

The U.S. dollar index, so far, is having its second-best month since last June. BIG PICTURE The dollar index is a basket of currencies that consists of the euro, yen, pound, loonie, krona, and franc. The arguments are still strong

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US Dollar Index Continues Its Climb To the Sky $USDX

The U.S. dollar index, so far, is having its second-best month since last June. BIG PICTURE The dollar index is a basket of currencies that consists of the euro, yen, pound, loonie, krona, and franc. The arguments are still strong

Posted in Posts

RBA Shocks Markets, Loonie Set To Outperform

The Australian dollar plunged against all of its major trading partners after the Reserve Bank of Australia (RBA) lowered its benchmark rate 25 basis points (bp) to a record low 2.75%. Slow growth in the global economy and low inflation

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RBA Shocks Markets, Loonie Set To Outperform

The Australian dollar plunged against all of its major trading partners after the Reserve Bank of Australia (RBA) lowered its benchmark rate 25 basis points (bp) to a record low 2.75%. Slow growth in the global economy and low inflation

Posted in Posts