Forex Crunch EUR/USD October 20 – Settles in Lower Range

Forex Crunch EUR/USD October 20 – Settles in Lower Range

EUR/USD October 20 – Settles in Lower Range

Posted: 20 Oct 2010 12:19 AM PDT

EUR/USD is making a small recovery after the big blow. Will we see a fresh downfall after the break, or stabilization? Here's a quick update on technicals, fundamentals and community trends. EUR/USD struggling under 1.3830. Click to enlarge. EUR/USD Technicals Asian session:  Active session saw EUR/USD bottoming out at 1.37 before recovering towards 1.38.. Current [...]

AUD/USD Falls On Chinese Rate Hike

Posted: 19 Oct 2010 04:02 PM PDT

AUD/USD made a sharp fall after the Chinese central bank announced a rate hike. The news from China had a stronger impact than positive Australian news released earlier. It’s now supported in lower levels. Update. The People’s Bank of China raised the rates by 0.25%. This move was expected, but the timing is never expected [...]

Forex Daily Outlook – October 20 2010

Posted: 19 Oct 2010 03:00 PM PDT

Beige Book and Crude Oil Inventories in the US, MPC Meeting Minutes in GB and BOC Monetary Policy Report in Canada are some of the highlights of the current outlook. Let’s see what awaits us today.  In Canada, BOC Monetary Policy Report & Press Conference, The BOC Governor usually holds a press conference to discuss [...]
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