Posts Tagged ‘British Pound’
Euro reaches new day high against the British pound
Today, in the morning, marked the currency pair the euro against the British Pound (EUR / GBP), a new high against the previous day.
(more...)Tags: British Pound, EUR / GBP, euro
GBP / JPY lurks below ¥ 140.00
Intraday resistance: 140.00 + 140.44 + 141.30
Intraday Support: 139.50 + 139.15 + 138.75
For the past three days lurks Britsche pound (GBP) below the circular mark from
140,00 yen. This behavior underscores the relevance of this area and presents
two aspects in the foreground:
(more...)
Tags: British Pound, circular mark
Pound U.S. Dollar jumps to the destination – continues the rally?
In this chart we look at the technical meeting Pound (GBP) against the U.S.
dollar (USD). The pound is here traded in U.S. dollars, increasing the currency
pair GBP / USD, adds value to the pound. Reverse can be said: The U.S. dollar
depreciates then.
British pound against U.S. dollar – Symbol: GBP / USD – ISIN: GB0031973075
Price level: $ 1.6391
Review: The British pound reached in early February the 2010 high of $ 1.6296
and has started a sideways consolidation, the highs were then selected then a
slightly rising trend line. The last pullback to the support area at 1.5960 to
1.5997 USD by the end March in the past few days as expected, again bought
shoots GBP / USD steeply (see attached chart graphics!).
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Tags: British Pound, currency pair., short-term chart picture, Technical Chart, U.S. dollar turnover
Dollar ‘Retreats’ on Jobs Data; Ahead of Payroll Report.
British Pound (BPM8): The BP opened weaker at 1.9721 on concerns that further slowing in the economy and weaker housing data will lead to a much anticipated rate cut at the next MPC meeting. Weaker European equity markets saw early carry-trade gains taken off the table, before the DX slide bolstered most other major foreign currency markets. Prices rose throughout the session and hit a daily Hi of 1.9871, before sliding towards the close to end the day at 1.9843, up 74 tics. The close above the 9-day MA changes the s/t trend to ‘positive’ w/ ‘weak’ momentum indicators. The s/t yield is still attractive to carry-traders, but the slowing economic conditions Read the rest of this entry »
Tags: best foreign exchange rates, British Pound, Canadian dollar, currency exchange rates, Euro Currency, foreign currency exchange, foreign currency exchange rates, Foreign Exchange, foreign exchange rates, Japanese yen
Opening Forex: All pending employment report in the U.S.
The yen is losing ground against its major crosses. In particular, we highlight the progress of the dollar-yen cross is fired after the guideline recently drilled bass and seems ready to go to prove the beginning of the year highs. The euro recovered ground but remains hampered by funding problems in Greece. We are of the opinion that a matter of time to meet again speculative attacks on countries of the Euro zone. The fiscal situation of peripheral economies in Europe remains very worrying. The problem of Irish banks will generate a substantial increase in public debt in the country of clover is another variable that is weighing heavily on investor sentiment. Read the rest of this entry »
Tags: bonds, British Pound, Euro Dollar, Forex, silver, Swiss Franc
Forex Market opening: The Euro goes favored
Angela Merkel, has unlocked the approval of the rescue plan expected to Greece. The anticipated meeting of the European Council met in Brussels with the leaders of the 27 Member States of the European Union has given the green light to a plan that was long expected by the markets.
Tags: Aussie, bonds, British Pound, Euro Dollar, Eurozone, Forex, Greece, Kiwi, ounce of gold, silver ounce, Swiss Franc
Opening Forex: Wait for the report of U.S. jobs
In the first hour we see is that there is relative calm while waiting for the day’s key events that will be the meeting in Berlin between German Chancellor Angela Merkel and Greek Prime Minister George and afternoon publication in the U.S. the February employment report.
In relation to the main crossings of the FOREX market note that the Euro, Pound hardly move against the dollar but if progress against the Yen. The ‘Commodity Currencies’ as the Aussie and Kiwi progress as the Nordics.
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Tags: Aussie, British Pound, Commodity, dollar, euro, Forex, Kiwi, Swiss Franc
Where to go when the dollar falls.
Usually there are some key warnings indicating that a dollar decline is coming. A consistent pattern of cuts in key interest rates, carried out by the Fed (Federal Reserve), an increase in national debt and the price of commodities (Commodity), especially in gold and oil. All these factors can help investors to identify potential risks to the dollar. Read the rest of this entry »
Tags: British Pound, euro, Swiss Franc, yen
“Watching the dollar? Watch also commodities.
Because many commodities are denominated in dollars, which means that its price is given in dollars, investors should monitor certain commodity markets, to get an idea of where the dollar goes. For example, the rising price of oil has resulted generally in a weaker dollar because the purchasing power of this suffering and consumers get less gasoline for their cars and oil to heat their homes when the price oil increases. Read the rest of this entry »
Tags: British Pound, currencies, currency, euro, Forex, forex market, Swiss Franc, trading currencies
