Forex Crunch King Pounds the Pound |
- King Pounds the Pound
- EUR/USD Feb. 16 – Bounced Off Resistance
- Forex Daily Outlook – February 16 2011
- AUD/USD Feb.16–Aussie Lower against US Dollar Tuesday
- The King’s letter – UK rate hikes looking more likely
| Posted: 16 Feb 2011 02:41 AM PST The BoE Inflation report is much less hawkish than yesterday’s inflation letter – GBP/USD is free falling. The King deserves his crown. Update. Yesterday,Mervyn King was forced to write a letter to the Chancellor of the Exchequer, to explain the fact that inflation is double the target rate. The letter included serious hints about two |
| EUR/USD Feb. 16 – Bounced Off Resistance Posted: 16 Feb 2011 12:25 AM PST EUR/USD could not break higher after escaping from low figures. Will the weak figures send it lower? Or will it break higher? Here's a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session: Climbed and made an attempt to break above 1.3570 -it failed. Current range – 1.3500 – 1.3570 Further levels |
| Forex Daily Outlook – February 16 2011 Posted: 15 Feb 2011 02:00 PM PST Building Permits in the US and BOE Gov King Speaks in London; are only a few of today's outlook .Let’s see what awaits us today. In the US, FOMC Meeting Minutes, Scheduled 8 times per year and it's a detailed record of the FOMC’s most recent meeting, providing in-depth insights into the economic and financial |
| AUD/USD Feb.16–Aussie Lower against US Dollar Tuesday Posted: 15 Feb 2011 12:23 PM PST The Aussie got off to a good start against the US Dollar for the week but fell Tuesday following a surge in demand for the Greenback. The Aussie was trading at 0.9963, down 0.66% at the time of this writing. Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The |
| The King’s letter – UK rate hikes looking more likely Posted: 15 Feb 2011 10:50 AM PST Yet another perky performance from the pound today, which tops the league amongst major currencies for the year to date. Interestingly, it was Mervyn King's letter to the Chancellor, rather than the latest inflation figures, which was the major trigger for the pound's advance. Guest post by FxPro The key passage in the letter was the |
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