Live Updates from flamingoforex 1) Dollar on the mend after consumer confidence and Richmond Fed US consumer confidence 80.7 from 77.5, firmer than 78.1 forecast Richmond Fed 0 in January from -4 in DecemberThe buck is recovering after two rays of economic sunshine. EUR/USD strengthened... 2) EUR/USD: little room for further gains EUR/USD short-term technical indicators maintain the negative tone, suggesting little room for further gains.Key QuotesHaving been as low as 1.3628, the EUR/USD surged after US Durable Orders fell... 3) Turkish Central Bank still selling USD/TRY Selling the dollar down here on the 2.26 handle a day after USD/TRY traded as high as 2.3900. The Central Bank is expected to hike rates several hundred basis points when it meets late tonight. 4) AUD/USD rejects 0.8815 and declines to 0.7875 The Aussie is currently trading down after rejecting the 0.8815 area against the US Dollar. Following a 40 pips downside movement, the AUD/USD is now trading at 0.8775.The AUD/USD is performing... 5) GBP/USD regains 1.6600 The GBP/USD reversed daily losses and rose back above 1.6600 as the greenback receded after the latest string of US data.US durable goods orders fell by 4.3% in December, printing the sharpest...
Posted on: Tue, 28 Jan 2014 15:53:33 +0000
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