July 12: Asian session

12 July, 2013

US dollar headed for a weekly decline versus most of its major counterparts as comments from Federal Reserve policy makers caused investors to push out expectations for when the central bank will reduce stimulus. St. Louis Fed President James Bullard is due to speak today at 17:00 GMT.

EUR/USD declined to $1.3070 after peaking to $1.3206 yesterday. Watch the euro area’s industrial production data at 09:00 GMT (a 0.2% decline is expected). S&P revised Irish sovereign credit rating forecast up from stable to positive. GBP/USD slid to $1.5170 after peaking to $1.5221 yesterday. USD/JPY is consolidating around 99.00, having formed a clear triangle on the hourly chart. USD/CHF strengthened by 20 pips to 0.9480. Yesterday the pair touched a low at 0.9400, but later rebounded to 0.9460.

AUD/USD is consolidating around the daily highs of $0.9180 after having touched $0.9135 earlier in the day. Australia May home loans for came at +1.8% m/m (vs. expected +2.2%). Yesterday the pair formed a long-shadowed candle, closing at $0.9185. NZD/USD is quietly trading in the positive territory around $0.7860 after the yesterday’s highly volatile trade. USD/CAD is trading in the 1.0360 area after hitting $1.0325 yesterday.


Source link  
Yordan Mitev gets his prize from FBS

Every month we come the dream of one of our clients come true. In November Yordan Mitev from Bulgaria, who wished for a snowboard, became the winner of this very special promotion. Recently Yordan reached back to us to say thank you and provide us with his feedback...

New currency pairs: EUR/CNH, USD/CNH, CNH/JPY

Now you can use political and economic information on China to capitalize on Yuan fluctuations. China is not only the world’s powerhouse and second largest economy in the world. It is also a country with interesting and thought-provoking monetary policy...

Metatrader 4 Multiterminal

Trading with multiple accounts at once has never been easier. Download MetaTrader 4 MultiTerminal and connect all of your trading account to a single terminal...


Bank of England’s meeting

The Bank of England’s Monetary Policy Committee will announce its interest rate decision at 14:00 MT time. This event is of paramount importance for the pound’s value. Traders keep in focus this event striving to forecast the future exchange rate of the sterling...

FBS introduces 24/7 customer support

FBS wants to make your journey into the world of profitable Forex trading as smooth and comfortable as possible. That’s why our customer support is now available 24 hours a day, 7 days a week...

US advance GDP

US advance GDP will be released at 15:30 MT time. This is the broadest measure of American economic activity. It will be the first information about the US economic growth in the last 3 months of 2016...


FBS wishes you happy spring festival

Spring festival is coming! Let us congratulate all those who celebrate this beautiful event. FBS wishes you prosperity, longevity and good fortune in the upcoming year. Let the luck and financial success always be on your side...

FBS grand event has won admiration in Bangkok

January 21 was a very important day for FBS company. That Saturday evening, we have held our first Grand Event for traders and partners in Thailand. To say we were atwitter at this, is to say nothing, but as a result, it was the coolest party ever...

The winner of the Get BMW X3 promotion gets his prize

Congratulations to Mohammad Agus Soleh Kafabillah, the winner of the Get BMW X3 promotion! On the 19th of January, 2016 Mr. Mohammad has received his prize, premium and absolutely unique BMW X3 in Jakarta, Indonesia. A prize worth any gentleman...

  


Share: