Euro against major currencies...
EUR/USD 0/- We will prefer to sell rallies to 1.2370 for push back to 1.2280. Stop are above 1.2410.
EUR/JPY EUR vs JPY is natural, We See support at 110.10 holding. Ranging 110.0-111.30. 2010-06-27 20:53:52
Myforextime.com - Foreign exchange market, forex, fx brokers information, currencies, economy, rates, inter bank, gold, oil, analysis, reports, news, charts.
Major Economic and Forex Market Headlines - Previous Session
- Canada Jul. Wholesale Sales out at -0.1% m/m vs. +0.1% expected and -0.3% prior
- US Sep. NAHB Housing Market Index out at 13 vs. 14 expected and 13 prior
- NZ Aug. Credit Card Spending out at +0.5% m/m, +2.0% y/y vs. revised -1.3%/+2.6% prior resp.
- Japan July Final Leading Index out at 100.0 vs. 98.2 previously
- Japan July Final Coincident Index out at 103.0 vs. 101.8 previously
Gold reached a record US$1,283.80 an ounce yesterday. The dollar approached a 5-week low against the euro today on concern the Federal Reserve will affirm its pledge to keep interest rates low for an “extended period” and signal it’s open to increasing debt purchases. Holdings in gold-backed exchange-traded products reached an all-time high yesterday.
Gold, up 16 percent this year, is heading for its 10th consecutive annual gain, the longest winning streak since at least 1920.
The removal of uncertainty regarding Congress’s financial reform bill may reinforce the hiring rebound. A deal reached by members of a House and Senate conference last week diluted provisions from the tougher USA Senate bill, limiting rather than prohibiting the ability of federally insured banks to trade derivatives and invest in hedge funds or private-equity funds.
USA Firms are adding jobs for the first time in two years, rebuilding businesses cut during the financial crisis and offering guaranteed payouts to lure top US bankers. During February through May, In New York, 6800 financial-industry positions were added. This is the largest 3-month increase since 2008, according to the New York State Department of Labor.
More Articles...
Page 1 of 54
Major Currencies Daily Heat Table
| Daily Currencies Heat Table Update: Daily GMT +5:00 | |||||||||||
| EUR | USD | JPY | GBP | AUD | CHF | CAD | NZD | NOK | PKR | SEK | PLN |
| + | - | - | + | + | - | - | + | + | |||
Daily Gold, Oil and Silver Futures...
Commodities | Daily Stance | Comments |
| Gold | 0/+ | Gold is leading again. Buy at the break of 1244.450 targeting 1251. Sell below 1290. |
| Silver | 0/+ | Buy on dips towards 18.66 targeting 18.76. |
| Oil | 0/- | Sell at the break of 76.03 targeting 75.65. |
Forex Overview
Currencies Overview | |
|
Monetary Policy Focus
Warning: Parameter 1 to modMainMenuHelper::buildXML() expected to be a reference, value given in /home/forex/public_html/libraries/jaagg/cache/handler/callback.php on line 99
Currency Converter
US Dollar Index Chart
Forex Sentiment Indicator
Central Banks Interest Rates
| US | 0.25% |
| UK | 0.5% |
| EMU / EURO | 1% |
| Japan | 0.1% |
| Switzerland | 0.25% |
| Canada | 0.25% |
| Australia | 3% |
| New Zealand | 2.5% |
| Sweden | 0.25% |
G-20 Economy & Updates!
Jawwad Ahmad
Jawwad Ahmad is the Founder of MyForexTime.com. After trading the Stock and Forex markets for 6 year, He founded the MyForexTime.com in 2005. Jawwad Ahmad has been an active Forex trader for the last 10 years, specializing in the International Foreign Exchange Market. He also MBA and CS graduate in the University of AJK, in Pakistan, as a specializing in Information Technology, and financial self-taught. He has since been managing trading accounts privately, manages clients portfolio for the leading Retail FX brokers, also training new traders around the world. Pakistan Economic Indicators
| Annual | 2009/10 | ||
| Foreign Debt | $50.1bn | ||
| Per Cap Income | $1046 | ||
| GDP Growth | 2.0% | ||
| Average CPI | 20.77% | ||
| Monthly | July | ||
| Trade Balance | $-1.15 bln | ||
| Exports | $1.49 bln | ||
| Imports | $2.64 bln | ||
| Weekly August 18, 2009 | |||
| Reserves | $11.846 bln | ||
Advertisment
World's Stock Exchange
Credit Default Swaps...
