Forex Crunch AUD/USD Supported By Chinese Growth

Forex Crunch AUD/USD Supported By Chinese Growth

AUD/USD Supported By Chinese Growth

Posted: 21 Oct 2010 03:32 AM PDT

AUD/USD got a boost from Chinese growth figures – ongoing Chinese growth means prosperity in Australia. The Aussie recovered from the risk aversive winds and is getting ready to move. Chinese GDP showed an annual growth rate of 9.6% – not only is this far better than growth in any Western country, it even slightly [...]

EUR/USD October 21 – Above 1.40 Once Again

Posted: 21 Oct 2010 01:26 AM PDT

EUR/USD made a breakout above 1.40, and is now struggling with resistance. Will it push higher on this busy day? Here's a quick update on technicals, fundamentals and community trends. EUR/USD jumps above 1.40. EUR/USD Technicals Asian session:  EUR/USD dropped under 1.3950 and reached 1.3875 before recovering. European session saw the jump.. Current Range between [...]

Forex Daily Outlook – October 21 2010

Posted: 20 Oct 2010 03:00 PM PDT

A busy day filed with exciting news. Unemployment Claims in the US, Flash Manufacturing & Services PMI in Europe, Inflation Report Hearings in UB are just some of the events. Let’s see what awaits us today.  In the US, Unemployment Claims, the individuals who filed for unemployment insurance for the first time during the past [...]
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