Day: May 30, 2009

May 30
2009

Canadian Dollar Had Highest Monthly Gain in 60 Years

A combination of factors involving commodities price rebound, stocks rally and a less attractive U.S. dollar in global markets made the loonie to post the highest gains since the Korean War years. Canada is one of the main suppliers of oil and a several number of commodities to the United States, and the recovery signs of the global economy, coming mainly from Asia and to a lesser extent from […]

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May 30
2009

Forex Technical Analysis for 06/01—06/05 Week

EUR/USD trend: buy. GBP/USD trend: buy. USD/JPY trend: hold. EUR/JPY trend: buy. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3533 1.3663 1.3909 1.4039 1.4285 1.4415 1.4661 GBP/USD 1.5487 1.5631 1.5909 1.6054 1.6332 1.6476 1.6754 USD/JPY 91.27 92.84 94.08 95.66 96.90 98.48 99.72 EUR/JPY 128.17 […]

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