Day: June 15, 2013

June 15
2013

Fourth Weekly Gain for Yen

The Japanese yen gained this week as policy makers disappointed those Forex market participants who counted on continuous aggressive easing from the Bank of Japan. It was the fourth consecutive weekly gain. The BoJ frustrated traders, who hoped for additional stimulus, as the bank left its monetary policy unchanged this week. Moreover, on last month’s meeting some policy makers suggested that the term for quantitative easing should be […]

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June 15
2013

Forex Brokers Update — June 15th, 2013

Repeating the last week’s results in terms of the amount of changes to the brokers’ listings, this week brings one new company and some important updates to few of the listed ones. MW — an unregulated company from Seychelles can boast a rather short name and similarly short history. Although they claim to be in service since 2006, their website has been launched only in 2013. MW offers MT4/MT5 trading on a range of account types, […]

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June 15
2013

Forex Technical Analysis for Week 06/17–06/21

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3005 1.3090 1.3218 1.3304 1.3432 1.3517 1.3645 GBP/USD 1.5311 1.5402 1.5554 1.5645 1.5796 1.5887 1.6039 USD/JPY 86.83 90.30 92.32 95.79 97.81 101.29 103.30 EUR/JPY 117.09 121.01 123.45 127.37 129.80 133.72 136.16 GBP/JPY 138.29 142.68 145.41 149.81 152.54 […]

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June 15
2013

CAD Reaches Monthly Record vs. USD Before Retreating

The Canadian dollar touched the highest level in a month against its US peer before retreating below the opening level yesterday. The currency fell against the Japanese yen as well because domestic fundamentals were not supportive for the currency. Positive data from the United States led some traders to believe that the Bank of Canada will raise interest rates. The USA is the biggest trading partner of Canada, therefore the good health of the US […]

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