February 2nd, 2010 09:16:01 GMT

AUD/USD recovers back over .8800

by

AUD/USD back over .8800, presently at .8803 having been down to .8780.  Talk  decent buying from UK clearer and US investment bank helped lift pairing. Elsewhere, UBS has apparently issued AUD/NOK sell recommendation at 5.22 (how exotic, well almost) Target 5.00, stop loss … Continue reading

February 2nd, 2010 08:20:38 GMT

AUD/USD slipping again

by

AUD/USD down at .8785 from around .8815 when I sat down.  Talk German bank has put out buy euro/aud recommendation. Details unknown (well at least by this kiddy) There have been earlier reports of Asian sovereign buying beneath .8800.  Will be … Continue reading

February 2nd, 2010 04:30:05 GMT

“Dead-cat” syndrome in the AUD/USD

by

Market feels long and wrong with the AUD/USD drifting steadily lower and showing little propensity to bounce. Some bids are tipped around the .8760-70 level so that might be a good place to start booking small partial profits. Sellers now … Continue reading

February 2nd, 2010 03:30:30 GMT

RBA: no change

by

China seeking to reduce economic stimulus Global credit conditions remain difficult Will hike again in near future if economy continues to improve In other words, it is international rather than local conditions which influenced the decision

Top

© Copyright 2014 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.