Forex News from InstaForex

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Forex News from InstaForex

Postby IFX Gertrude » Fri Mar 08, 2013 1:55 am

Dear traders, participants and guests of the portal!

In this thread we present fresh Forex news provided by InstaForex Company. Our news contain exhaustive information about topical events and facts of the financial world; we offer international statistical data in order to help you correct and enhance your trading strategy. We also present video news from InstaForex-TV portal. InstaForex-TV channel provides the latest information about fluctuations of currency rates and forecasts their influence on the future movement of currencies. Our news will be especially useful if you prefer intraday trading and use fundamental analysis.
Best regards, PR Manager

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Re: Forex News from InstaForex

Postby IFX Matthias » Wed Mar 13, 2013 12:08 am

Malaysian Ringgit Spikes Up To 1-week High Against U.S. Dollar

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The Malaysian currency gained ground against the U.S. dollar during early Asian deals on Wednesday.

The ringgit strengthened to a 1-week high of 3.1018 against the greenback, gaining 0.26 percent from Tuesday's close of 3.11. The ringgit is poised to break next upside target level at 3.09.

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Re: Forex News from InstaForex

Postby IFX Matthias » Wed Mar 13, 2013 11:56 pm

Australia February Unemployment Rate Steady At 5.4%

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Australia saw a seasonally adjusted unemployment rate of 5.4 percent in February, the Australian Bureau of Statistics said on Thursday.

That was unchanged from the previous month, and it also beat forecasts for 5.5 percent. The Australian economy created 71,500 jobs in February - well ahead of forecasts for an increase of 10,000 jobs after 10,400 jobs were added in the previous month.

The participation rate was 65.3 percent, also beating expectations for 65.0 percent - which would have been unchanged from the January reading.

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Re: Forex News from InstaForex

Postby IFX Matthias » Thu Mar 14, 2013 11:44 pm

Yen Off Fresh 3-week Low Against Pound

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The Japanese yen that fell against the currencies of the U.K. and Switzerland at the beginning of Friday's Asian session erased some of its losses shortly.

The yen snapped back above the 145.0 level versus the pound, rising as high as 144.85 from a fresh a 3-week low of 145.18.

The pair closed Thursday's North American deals at 144.98. The yen also erased losses to reach as high as 101.40 from a 3-day low of 101.64 hit earlier.

The franc-yen pair was worth 101.49 at Thursday's North American close.

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Re: Forex News from InstaForex

Postby IFX Matthias » Sun Mar 17, 2013 11:24 pm

Euro At Near 3-week Low Against Franc

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The European currency lost ground against the Swiss franc in Asian morning deals on Monday. The euro fell to 1.2173 against the franc, its lowest since February 27.

On the downside, the euro-franc pair may break 1.21 level. The pair finished last week's deals at 1.2275.

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Re: Forex News from InstaForex

Postby IFX Matthias » Tue Mar 19, 2013 12:19 am

Krw Bounces, Breaking 8-Day Losing Streak

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The South Korean won rebounded against the dollar on Tuesday morning, and was poised to snap an eight-day losing streak, its longest run of losses since early 2009.

The local currency was quoted at 1,108.9 against the dollar at 0025 GMT, up half a percent compared to Monday's close at 1,114.6.

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Re: Forex News from InstaForex

Postby IFX Matthias » Tue Mar 19, 2013 11:33 pm

NZ Dollar Trades Lower Against U.S. Dollar, Yen

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The New Zealand dollar traded lower against the U.S. and Japanese currencies in early Asian deals on Wednesday.

The kiwi reached a 2-day low of 0.8227 against the greenback from Tuesday's close of 0.8249. On the downside, the kiwi-greenback pair may break 0.82 level.

The NZ currency dropped to 78.10 against the yen at 9:10 pm ET. If the kiwi extends decline, it may break 77.5 level.

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Re: Forex News from InstaForex

Postby IFX Matthias » Wed Mar 20, 2013 11:44 pm

Japan Has Y777.5 Billion Trade Deficit In February

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Japan saw a merchandise trade deficit of 777.5 billion yen in February, the Ministry of Finance said on Thursday.

That beat forecasts for a shortfall of 855.9 billion yen following the downwardly revised deficit of 1,630.9 billion yen in January (originally 1,629.0 billion yen).

Exports dipped 2.9 percent on year, missing forecasts for a 1.7 percent contraction following the 6.4 percent gain in the previous month. Imports jumped an annual 11.9 percent versus expectations for a rise of 15.0 percent after rising 7.3 percent a month earlier.

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Re: Forex News from InstaForex

Postby IFX Matthias » Thu Mar 21, 2013 10:31 pm

Boj Offers to Buy 400 Bln Yen Cp Outright from 3/27 Via Asset Purchase Program

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BOJ offers to buy 400 bln yen CP outright from 3/27 via asset purchase program.

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Re: Forex News from InstaForex

Postby IFX Matthias » Sun Mar 24, 2013 11:26 pm

Euro steady in Early Asia, All Eyes on Cyprus

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The euro was at $1.2974 Immediate support is seen around $1.2844, last week's low, and a break there would open up the way to $1.2661

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