http://forexstuff.biz Learn about Forex Trading Tue, 27 Jul 2010 15:59:45 +0000 http://backend.userland.com/rss092 en Pound support continues to gather steam as U.K. banks received passing grades following stress tests and improving fundamentals point toward continues growth. Concern had been that the government’s efforts to reduce the budget could put the economy at risk for a double dip recession. http://forexstuff.biz/gbpusd%e2%80%99s-test-of-resistance-may-offer-scalping-opportunity.html The U.S. currency strengthened today against the euro and the Japanese yen as the macroeconomic indicators suggested that the U.S. economy is recovering. The dollar dropped versus the Great Britain pound.(...)Read the rest of Dollar Rises vs. Yen & Euro (131 words) Posted on Forex News. http://forexstuff.biz/dollar-rises-vs-yen-euro.html The Basel Committee announced that it will allow certain assets such as minority stakes in other capital firms to be regarded as capital, and went onto propose a leverage ratio for the first time. http://forexstuff.biz/euro-rallies-to-the-highest-level-since-may-basel-committee-introduces-new-banking-restrictions.html Currency trading with AUD/USDRisk appetite is putting in an appearance on the currency market today, and AUD/USD is benefitting. Asian stocks ended mixed today, but the Australian market was one of those showing gains. As a result, there is some momentum behind the Aussie in forex trading. Indeed, matters are ... http://forexstuff.biz/aussie-heads-higher-in-forex-trading.html The Euro extended the advance from the previous week and rallied to fresh monthly high of 1.3035 as investors raised their appetite for risk, but near-term rally appears to be tapering off ahead as global policy makers take further steps to increase financial regulation. http://forexstuff.biz/euro-british-pound-advance-following-relaxed-rules-for-basel-iii.html The Swiss franc weakened today versus the U.S. dollar and the euro as the U.S. and the European economies show signs of recovery, damping demand for the franc as the safe currency and drawing the investors to the riskier assets.(...)Read the rest of Swiss Franc Falls as Stocks Rally and Recovery Continues (88 words) Posted on Forex News. http://forexstuff.biz/swiss-franc-falls-as-stocks-rally-and-recovery-continues.html The Japanese yen declined today against the U.S. dollar and the euro as the signs of the economic recovery in the U.S. prompted the investors to leave the safe currencies in favor of the higher-yielding ones.(...)Read the rest of Yen Weakens on Signs of Recovery (71 words) Posted on Forex News. http://forexstuff.biz/yen-weakens-on-signs-of-recovery.html Crude oil is slightly lower ahead of tomorrow's U.S. Consumer Confidence figures. The bias remains higher, but a bit of consolidation is possible before prices attempt to breach the psychological $80 level. http://forexstuff.biz/crude-oil-takes-a-breath-gold-probing-recent-lows.html The Euro hit a one-week high against the US Dollar as risk appetite held up overnight. A tame European calendar puts the onus on US consumer confidence data and another round of second-quarter earnings reports. http://forexstuff.biz/euro-taps-one-week-high-as-risk-appetite-holds-up-in-asian-trade.html Quite often, it is the times that investors least expect it, that the markets will once again shift and assume a different course. http://forexstuff.biz/opening-comment-07-27.html