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Day: April 24, 2010
April 242010
Loonie at Highest Level vs. Greenback since June 2008
The Canadian dollar rose against its U.S. counterpart by the end of this week, erasing the previous losses, after Jim Flaherty, the Canada’s Minister of Finance, said about the possible $8 billion capital inflow into Canada after it was designated by China as the country where the China’s financial institutions can make the investments. The previous decline was caused by the report about the unexpected slowdown of the annual inflation rate to 1.4 percent in March from […]
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April 242010
Forex Technical Analysis for Week 04/2604/30
EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: hold. EUR/JPY trend: sell. GBP/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2894 1.3048 1.3216 1.3369 1.3537 1.3691 1.3858 GBP/USD 1.4937 1.5064 1.5219 1.5346 1.5500 1.5627 1.5781 USD/JPY 89.52 90.56 92.25 93.29 94.99 96.02 […]
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