.

Australian Dollar Narrow Moving, Home Loans Down Again

In currency trading the Asian session today (12-05), the AUD currency is still seen moving narrowly against the U.S. Dollar. Pair AUD / USD is currently engaged in the range of 0.8955.

This morning was just released data for the period of Australian home loans in March 2010, which recorded a decline of 3.4% return after the previous period also decreased by 2.0%.However, this information does not seem to affect much of the movement of the AUD at the moment.

This is a preview of Australian Dollar Narrow Moving, Home Loans Down Again. Read the full post (198 words, estimated 48 secs reading time)
May 12th, 2010 by fxbom
No Comments

Euro Still Bearish, EU Rescue Program Not Convincing Investor

In currency trading the Asian session today (11-05), look euro currency weakening slightly against the U.S. Dollar. Pair EUR / USD is currently engaged in the range of 1.2777.

The EU has announced a loan program reached nearly U.S. $ 1 trillion to maintain the credibility of the European Union and the Euro. This has been successfully re-strengthen the Euro, but it seems that positive sentiment is only temporary.

This is a preview of Euro Still Bearish, EU Rescue Program Not Convincing Investor. Read the full post (171 words, estimated 41 secs reading time)
May 11th, 2010 by fxbom
No Comments
Page 7 of 71234567