Day: June 20, 2009

June 20
2009

Canadian Dollar Falls as Stocks Decline

The loonie had a third week of losses as a fall in U.S. stocks and crude oil decreased the attractiveness for the high-yielding profile of the Canadian currency. Canada is one of the world’s most important commodity producers, and being the U.S. its main exporting destination, a fall in their main stock indexes affected directly the outlook for the Canadian currency. Since signs of economic recovery started to appear two months ago, the price of crude oil and equities market around […]

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June 20
2009

Forex Technical Analysis for 06/22—06/26 Week

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3447 1.3625 1.3820 1.3999 1.4194 1.4373 1.4568 GBP/USD 1.5133 1.5467 1.5954 1.6288 1.6776 1.7109 1.7597 USD/JPY 95.61 96.35 97.38 98.12 99.15 99.89 100.92 EUR/JPY 133.66 134.67 136.30 137.31 138.94 139.95 141.57 Woodie’s Pivot Points Pair 2nd Sup […]

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