Forex Crunch British Inflation Raging – Pound Indifferent

Forex Crunch British Inflation Raging – Pound Indifferent

British Inflation Raging – Pound Indifferent

Posted: 14 Jan 2011 01:34 AM PST

Producer prices in Britain jumped by 3.4%. Britain’s PPI Input was expected to rise by 1.6%, after 0.9% last month. The whopping 3.4% rise is another significant sign that inflation in Britain isn’t cooling – the central bank will probably raise the rates sooner than later. The reaction is currently limited-  GBP/USD is still within

EUR/USD Jan. 14 – Challenging Tough Resistance

Posted: 14 Jan 2011 12:08 AM PST

EUR/USD is facing tough resistance after making a sharp rise and holding on to it. The week ends with many economic releases. How will it end? Here's a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session:  Settled down around the 1.3334 line Current range – 1.3334 to 1.3440 Further levels in

Forex Daily Outlook – January 14 2011

Posted: 13 Jan 2011 02:00 PM PST

In the US, PPI Input and Retail Sales are only some of many highlights to end the week .Let’s see what await us today. In the US, Consumer Price Index (CPI ) price of goods and services purchased by consumers; is about be 0.1%' similar to previous month. While the Core CPI (excluding food and

AUD/USD Jan.14 –AUD Rise Against USD Probably Nearing Top

Posted: 13 Jan 2011 12:14 PM PST

The Australian Dollar was higher today against the US Dollar on the heels of the higher-than-expected US Jobless Claims. The pair is having a hard time holding above parity and seems to be establishing another top.  At the time of this writing the pair was trading at 0.9980 (+0.22%). Here's a quick update on technicals,
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