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Forex - USD/CAD up in Asian trading hours

forexprosreview, TraderPlanet.com — Fri, 10 Feb 2012 04:10:00 +0000

Forexpros - The U.S. Dollar was higher against the Canadian Dollar on Friday.

USD/CAD was trading at 0.9966, up 0.21% at time of writing.

The pair was likely to find support at 0.9926, Thursday's low, and resistance at 0.9995, Tuesday's high.

Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.15% to hit 1.3266 and GBP/USD falling 0.12% to hit 1.5798.

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Forex - EUR/USD down during the Asian session

forexprosreview, TraderPlanet.com — Fri, 10 Feb 2012 03:05:00 +0000

Forexpros - The Euro was lower against the U.S. Dollar on Friday.

EUR/USD was trading at 1.3275, down 0.08% at time of writing.

The pair was likely to find support at 1.3029, Monday's low, and resistance at 1.3320, Thursday's high.

Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.01% to hit 0.8399 and EUR/JPY falling 0.16% to hit 103.02.

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Forex - GBP/JPY down during the Asian session

forexprosreview, TraderPlanet.com — Fri, 10 Feb 2012 01:45:00 +0000

Forexpros - The British Pound was lower against the Japanese Yen on Friday.

GBP/JPY was trading at 122.70, down 0.12% at time of writing.

The pair was likely to find support at 120.49, Monday's low, and resistance at 122.98, Thursday's high.

Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.06% to hit 1.5808 and EUR/GBP rising 0.01% to hit 0.8401.

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Forex - USD/JPY up during Asian trade

forexprosreview, TraderPlanet.com — Fri, 10 Feb 2012 00:35:00 +0000

Forexpros - The U.S. Dollar was higher against the Japanese Yen on Friday.

USD/JPY was trading at 77.71, up 0.06% at time of writing.

The pair was likely to find support at 76.50, Monday's low, and resistance at 77.75, today's high.

Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.08% to hit 1.3275 and GBP/USD falling 0.05% to hit 1.5809.

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Forex - NZD/USD down in Asian trade

forexprosreview, TraderPlanet.com — Thu, 09 Feb 2012 23:35:00 +0000

Forexpros - The New Zealand Dollar was lower against the U.S. Dollar on Thursday.

NZD/USD was trading at 0.8327, down 0.16% at time of writing.

The pair was likely to find support at 0.8287, Monday's low, and resistance at 0.8408, Wednesday's high.

Meanwhile, the New Zealand Dollar was up against the Australian Dollar and down against the Euro, with AUD/NZD shedding 0.001% to hit 1.2932 and EUR/NZD rising 0.10% to hit 1.5949.

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Natural gas futures higher on cold weather forecasts

forexprosreview, TraderPlanet.com — Thu, 09 Feb 2012 20:40:00 +0000

Forexpros - Natural gas prices traded higher Thursday, on forecasts for cooler weather across much of the U.S. and bottom fishing investors.

On the New York Mercantile Exchange, natural gas futures for March delivery traded at USD2.47 per million British thermal units during late U.S. trade, gaining 0.96%

Prices hit a high of USD2.58 per BTU earlier and a low of USD2.40 per BTU was posted during the trading session.

Natural gas prices were supported after the Commodity Weather Group stated i...Read More at TraderPlanet.com »

Gold futures slip lower on Greek austerity

forexprosreview, TraderPlanet.com — Thu, 09 Feb 2012 20:14:00 +0000

Forexpros - Gold futures slipped lower Thursday, as Greek leaders agreed on an austerity package and U.S. employment numbers provided a bullish surprise for risk assets.

On the COMEX division of the New York Mercantile Exchange, gold futures for April settlement traded at USD1730.45 a troy ounce during late U.S. trade falling 0.85%.

Gold futures were likely to find support at USD1712.65 a troy ounce, the low from February 7 and short term resistance at USD1754.65, Wednesday's high.

Weakness i...Read More at TraderPlanet.com »

Forex - U.S. Dollar Lower On Greek Austerity Agreement

forexprosreview, TraderPlanet.com — Thu, 09 Feb 2012 18:55:00 +0000

Forexpros - The U.S. dollar traded lower against its major counterparts Thursday, as Greek Prime Minister Lucas Papademos said an agreement on austerity measures required to secure a second bailout had been secured.

During U.S. afternoon trade, the dollar was down against the euro, with EUR/USD rising 0.23% to hit 1.3292.

Greek political leaders agreed on the conditions set by international creditors in exchange for a new bailout worth EUR130 billion.

Greek Finance Minister Evangelos Venizelo...Read More at TraderPlanet.com »

Euro shares higher on Greek agreement, interest rate; DAX up 0.59%

forexprosreview, TraderPlanet.com — Thu, 09 Feb 2012 18:04:00 +0000

Forexpros - European stocks closed higher Thursday, after Greek political leaders reached a consensus on austerity measures and the European Central Bank kept its benchmark interest rate at record lows.

After the close of European trade, the EURO STOXX 50 gained 0.37%, France's CAC 40 climbed 0.43%, while Germany's DAX added 0.59%. Meanwhile, in the U.K. the FTSE 100 moved higher by 0.33%.

Greek officials have reached an agreement on austerity measures needed to obtain a EUR130 billion bailou...Read More at TraderPlanet.com »

Dollar broadly lower on Greek debt deal

forexprosreview, TraderPlanet.com — Thu, 09 Feb 2012 16:21:00 +0000

Forexpros - The U.S. dollar was broadly lower against its major counterparts on Thursday, after Greek Prime Minister Lucas Papademos said an agreement on austerity measures required to secure a second bailout had been completed.

During U.S. morning trade, the dollar was down against the euro, with EUR/USD rising 0.38% to hit 1.3312.

Mr. Papademos said political leaders had agreed on the conditions set by international creditors in exchange for a new bailout worth EUR130 billion.

Greek Finance Mi...Read More at TraderPlanet.com »

Forex - Pound trims gains against U.S. dollar

forexprosreview, TraderPlanet.com — Thu, 09 Feb 2012 15:30:00 +0000

Forexpros - The pound trimmed gains against the U.S. dollar on Thursday, but market sentiment remained supported following reports that Greek politicians reached an agreement on a long-awaited austerity deal.

GBP/USD pulled back from 1.5884, the daily high, to hit 1.5831 during U.S. morning trade, still up 0.08%.

Cable was likely to find support at 1.5787, the low of February 7 and resistance at 1.5928, Wednesday's high.

A spokesman for Greek Prime Minister Lucas Papademos said an agreement on t...Read More at TraderPlanet.com »

Forex - EUR/USD at 2-month high on Greece deal

forexprosreview, TraderPlanet.com — Thu, 09 Feb 2012 15:13:00 +0000

Forexpros - The euro extended gains against the U.S. dollar on Thursday, advancing to a two-month high after Greek political leaders agreed on an austerity package, paving the way for a second bailout deal to keep it from a default next month.

EUR/USD hit 1.3320 during U.S. morning trade, the pair's highest since December 12; the pair subsequently consolidated at 1.3301, gaining 0.31%.

The pair was likely to find support at 1.3088, Wednesday's low and resistance at 1.3433, the high of December ...Read More at TraderPlanet.com »

U.S. stocks edge higher as markets eye Greece; Dow Jones up 0.22%

forexprosreview, TraderPlanet.com — Thu, 09 Feb 2012 14:55:00 +0000

Forexpros - U.S. stocks edged higher on Thursday, as sentiment was lifted amid reports that Greek politicians reached a long-awaited austerity deal and after better-than-expected U.S. unemployment data.

During early U.S. trade, the Dow Jones Industrial Average rose 0.22%, the S&P 500 index edged up 0.07%, while the Nasdaq Composite index added 0.22%.

European Central Bank President Mario Draghi said earlier that Greece's prime minister had informed him that an agreement on the conditions set by...Read More at TraderPlanet.com »

Gold futures rise to session high on reports of Greece agreement

forexprosreview, TraderPlanet.com — Thu, 09 Feb 2012 14:26:00 +0000

Forexpros - Gold futures climbed to the highest level of the day on Thursday, as the U.S. dollar weakened after European Central Bank President Mario Draghi confirmed reports that Greece had finally agreed on a package of austerity measures.

On the Comex division of the New York Mercantile Exchange, gold futures for April delivery traded at USD1,748.65 a troy ounce during early U.S. morning trade, gaining 1%.

It earlier rose by as much as 1.15% to trade at a session high of USD1,751.15 a troy ...Read More at TraderPlanet.com »

Dollar broadly lower after U.S. data, euro zone watched

forexprosreview, TraderPlanet.com — Thu, 09 Feb 2012 13:45:00 +0000

Forexpros - The U.S. dollar was broadly lower against its major counterparts on Thursday, as investors eyed developments in the euro zone, while U.S. data showing that jobless claims fell to an almost four-year low last week boosted risk appetite.

During European afternoon trade, the dollar was slightly lower against the euro, with EUR/USD easing up 0.09% to hit 1.3271.

The euro remained supported by expectations that the Greek government would reach a deal on austerity measures required to sec...Read More at TraderPlanet.com »