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Yen Weakens, Core Machinery Orders slide

www.fxbom.com
10:41 AM

In currency trading the Asian session today (08-07), seen the Yen weakened against the U.S. Dollar. Pair USD/JPY is currently engaged in the range of 88.30.

This morning the new data drilis Japan Core Machinery Orders for the period from May 2010, which recorded 9.1% decline. The result is drastically decreased compared to the previous period which recorded an increase of 4.0% and worse than expected, which will only decreased 3%.

This is a preview of Yen Weakens, Core Machinery Orders slide. Read the full post (211 words, estimated 51 secs reading time)
July 8th, 2010 by fxbom
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Germany Factory Orders Decline, Yen Press Euro

www.fxbom.com
05:47 PM

In the pair trading the EUR/JPY European session this afternoon (07-07) was observed to move the Euro weakened against the Japanese yen and in the range of 109.70.

Increasingly less attractive euro forex investors along with the signal showing a decline in Germany’s economic performance.

The latest information about the indicator Germany Factory Orders m / m which was just released by Deutsche Bundesbank showed a decrease in performance in the manufacturing sector of the country.

Indicators Germany Factory Orders m / m reported decreased to -0.5% whereas previously expected to fall to 0.5% from the previous value of 2.8%. It was responded negatively by investors in forex trading.

This is a preview of Germany Factory Orders Decline, Yen Press Euro. Read the full post (136 words, estimated 33 secs reading time)
July 7th, 2010 by fxbom
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Ausstralian Dollar Weakens, Prospects Muramnya Increase Interest Rates Further This Year

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02:42 PM

In currency trading the Asian session today (07-07), seen the AUD currency weakened against the U.S. Dollar. Pair AUD/USD is currently engaged in the range of 0.8471.

AUD strengthening that occurred after the RBA yesterday to hold interest rates is driven by a fairly optimistic statement from the RBA. They stated that inflation growth target still within the RBA and consumer spending was still growing gradually. However, this strengthening is expected only temporary.

This is a preview of Ausstralian Dollar Weakens, Prospects Muramnya Increase Interest Rates Further This Year. Read the full post (174 words, estimated 42 secs reading time)
July 7th, 2010 by fxbom
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Sterling still more likely Stronger, Economic Outlook Improving

www.fxbom.com
11:30 AM

In currency trading the Asian session today (07-07), looks Sterling currency weakening slightly against the U.S. Dollar. GBP/USD is currently engaged in the range of 1.5124.

It is estimated that a loose monetary policy will still be maintained for some time in the future by the BoE (Bank of England), but the economic recovery in the UK looking for quite well. There ekspekstasi that the BoE will raise rates starting next year, so the data related to inflation will be important for the future movements of sterling.

This is a preview of Sterling still more likely Stronger, Economic Outlook Improving. Read the full post (199 words, estimated 48 secs reading time)
July 7th, 2010 by fxbom
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Sell EUR/USD at 1.2570

www.fxbom.com
10:57 AM

Signal EUR/USD

  • SELL EUR/USD @ 1.2570
  • TP 1.2500
  • SL not set
  • 07:30 PM : Close not hit TP +5.
Permanent link to this post (23 words, estimated 6 secs reading time)
July 7th, 2010 by fxbom
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