Friday, October 24, 2014
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US Session recap: USD consolidation ahead of FOMC

Tweet FXStreet (Guatemala) – The FX market was in a phase of consolidation after taking some profits out of the USD. Stocks in the US were the main event today, which helped the dollar to some extent, but focus was much more about next week. There was finally no chatter around Ebola but more on [...]

October 24 2014 | Posted in Forex | Read More »

A market in a technical snap-shot – RBS

Tweet FXStreet (Barcelona) – RBS analysts gave a technical snap shot at related financial markets. Key Quotes: “Bunds may still see a correction through 149.89, but remain constructive to the 0.63% yield level”. “Treasuries remain poised for further weakness to 126-15 and below amid candlesticks and oscillators”. “Gilts see the first support at 115.02 but [...]

October 24 2014 | Posted in Forex | Read More »

Wall Street rose with record closes again

Tweet FXStreet (Barcelona) – From the US stock market the Standard & Poor’s 500 Index made scores of its best week since 2013, with a diverse mix of companies rose on earnings news. Companies such as Procter & Gamble Co and Microsoft gained 2.3 and 2.5 percent respectively and SodaStream International Ltd. (SODA) climbed up [...]

October 24 2014 | Posted in Forex | Read More »

USD/JPY anchored on 108 handle

Tweet FXStreet (Barcelona) – USD/JPY is trading at 108.05, up 0.20% on the day, having posted a daily high at 108.33 and low at 107.78. USD/JPY is well placed on the bid in the closing hours of this week’s session. The pair sits on the 108 handle and we are in anticipation of two things, [...]

October 24 2014 | Posted in Forex | Read More »

GBP/USD sitting pretty despite lower CPI’s

Tweet FXStreet (Barcelona) – GBP/USD is trading at 1.6087, up 0.36% on the day, having posted a daily high at 1.6100 and low at 1.6017. GBP/USD has been held up on the bid at the 1.61 handle while an impressive 80 pip gain on the day is looking as though that is all that can [...]

October 24 2014 | Posted in Forex | Read More »