Tue, 22 Jul 2014 19:10:33 GMT
Rupee up six paise
The rupee resumed higher at 60.25 to the dollar as against the last closing level of 60.31 per dollar at the Interbank Foreign Exchange (Forex) Market. It firmed up further to 60.18 per dollar before finishing at 60.25 per dollar, showing a gain of six paise or 0.10 ...
Tue, 22 Jul 2014 16:31:47 GMT
US Dollar Soars On Risk Aversion
Data on the housing market also topped forecasts showing that 5.04 million worth of existing home sales were sold during June, affirming speculations that the housing market is stronger. Analysts only estimated it to total to 4.98 million for the month.
Tue, 22 Jul 2014 15:43:03 GMT
Tue, 22 Jul 2014 19:20:00 GMT
The AUD/USD may come under increased pressure over the next 24-hours of trade should Australia’s 2Q Consumer Price Index (CPI) drag on interest rate expectations.
Tue, 22 Jul 2014 18:44:00 GMT
NZDCAD is now testing critical support at the June/July range lows ahead of major event risk tomorrow. Here are the updated targets & invalidation levels.
Tue, 22 Jul 2014 11:20:00 GMT
For the second day in a row the European economic calendar was particularly barren, but event risk traders will find solace in several potentially market moving data releases out of the United States this morning.
Tue, 22 Jul 2014 07:09:00 GMT
WTI may be set for a volatile session with US inventories data on tap, while gold and silver remain vulnerable as traders look past elevated geopolitical tensions.
Tue, 22 Jul 2014 07:00:00 GMT
The EUR/USD may face a further decline over the next 24-hours of trading should the U.S. Consumer Price Index (CPI) undermine the Fed’s dovish tone for monetary policy.