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Forex: GBP/USD approaches 1.5400Thursday, September 2, 2010 @ 11:43AMFXstreet.com (Buenos Aires) – Pound was hit today but another round of negative data in the UK, after National HPI drop 0.9% far beyond expectations of a -0.3%, while Construction PMI printed a discouraging 52.1 following a 54.1 reading previous month.

Global crisis drives investors to forex martsThursday, September 2, 2010 @ 11:38AMLONDON: The global economic crisis has driven investors to the forex markets where turnover has soared to a staggering US$4 trillion (US$1 = RM3.13) a day - equal to what Germany produces in a year. Overall, daily global foreign exchange market turnover grew 20 per cent to some US$4 trillion by April 2010 from US$3.3 trillion three years earlier, according to a Bank of International Settlements ...

Forex: USD/JPY nearing 84.00 againThursday, September 2, 2010 @ 11:28AMFXstreet.com (Buenos Aires) – Despite some timid intraday gains above yesterday’s high in stocks markets, (DJIA is up barely 5 points, while S&P has added at the time of writing just 0.45%), USD/JPY holds the bearish tone and is back nearing 84.00 support zone.

British Pound Cross Pick 09.01.10Wednesday, September 1, 2010 @ 9:36AMThe rally in the GBP/USD has certainly tapered off in August, and the pair looks poised to retrace the advance from June as it maintains a tight downward trending channel from the previous months high (1.5997). As the economic rebound in the U.K. cools, with the government withdrawing fiscal support, market participants have cut interest rate expectations for the Bank of England, but we are ...

Forex: USD/JPY picks up to session high on bright ISMWednesday, September 1, 2010 @ 9:28AMFXstreet.com (Barcelona) - The Dollar has taken back all the ground lost during European session, bouncing from levels close to long-term low at 83.60 and returning to session high at 84.60 following better than expected Manufacturing ISM figures.

Forex: USD/CAD breaks toward 1.0500 on ISM dataWednesday, September 1, 2010 @ 9:28AMFXstreet.com (Barcelona) - Steadily declining over the course of the day, the USD/CAD recently broke 50 pips lower after US ISM figure unexpectedly increased over August. The pair finally hit bottom at 1.0510 before consolidating slightly above at its current price 1.0525, at 1.15% lower since open.

Forex: EUR/USD: Up to 1.3000 in one month; 1.3500 in 12 months - Reuters PollWednesday, September 1, 2010 @ 9:13AM© 2010 “FXstreet.com. The Forex Market” All Rights Reserved. Every effort is made to provide accurate and complete information. However, with the thousands of documents available, often uploaded within short deadlines, we cannot guarantee that there will be no errors.

Remain Short EURUSD and Long AUDNZD; Short GBPUSD; Pending USDJPYWednesday, September 1, 2010 @ 8:52AMThe EURUSD has extended yesterdays advance to break above the 50-day SMA, and has reach an intraday high of 1.28445 as risk appetite looks to have regain its footing. However, price action looks to have found resistance at the 20-day moving average. Indeed, all major currencies pushed higher against the greenback, and thus, has lead my EURUSD position to near its stop-profit at 1.2900 as the ...

Gold Extends 2nd-Best Annual Rise to End-Aug. as Physical Silver "Gets Tight" in Hong KongWednesday, September 1, 2010 @ 8:45AMTHE SPOT PRICE OF physical gold bullion touched its highest level since late-June's record peak early in London on Wednesday, extending August's record-high monthly close as world stock markets rose together with commodities and government bond yields.