Wednesday, January 6, 2010

UNITED WORLD CAPITAL EUR/USD opens firmer

EUR/USD opens firmerBy Gerry Davies || January 5, 2010 at 06:12 GMT || 0 comments || Add commen.... UWCFX
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UNITED WORLD CAPITAL Canadian Dollar Up High on Oil Rally

The loonie, as the Canadian currency is nicknamed for the image of the waterfowl on the C$1 coin, started the year gaining versus most of the 16 main traded currencies as its chief export, the crude oil, advanced further, naturally forcing the Canadian correlated currency up in foreign-exchange markets.(...)Read the rest of Canadian Dollar Up High on Oil Rally (142 words)Posted on Forex News.. UWCFX
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UNITED WORLD CAPITAL USD Lower, Manufacturing PMIs Rise in Europe & China

The USD is trading lower as equity markets rally and commodity prices rise, crude oil supported by report that Russia has halted oil flows to Belarus, copper prices trade at a 16 month high, EU manufacturing PMI at 21 month high, UK mortgage approvals at the highest level since March.... UWCFX
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UNITED WORLD CAPITAL USD/JPY Weakens Slight as Gold Gains and Dollar Weakens

The USD/JPY is trading off December highs as the Dollar weakens across the board and gold bounces back above $1100/oz. Hence, investors are showing a preference for the risk trading today following a positive set of economic data from the UK. Furthermore, the Development Bank of Japan announced it is.... UWCFX
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UNITED WORLD CAPITAL 'Risk On' For First Day Of The New Year

U.S. Dollar Trading (USD) lost ground against most currencies as the market relapsed into Strong stocks/Weak Dollar mode again on the first day of trading in 2010. December ISM Manufacturing jumped to 55.9 vs. 54 forecast in a sign the manufacturing sector in the US is recovering well. DJIA +155.... UWCFX
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UNITED WORLD CAPITAL Friendly U.S. Manufacturing Data Weakens Dollar

A friendly U.S. Manufacturing report is helping to weaken the Dollar at the mid-session by driving.... UWCFX
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UNITED WORLD CAPITAL EUR/USD Mid-Day Outlook

EUR/USD's consolidation from 1.4217 is still in progress and another rise could still be seen as long as 1.4256 minor support holds. Nevertheless, such consolidation is still expected to be limited by 38.2% retracement of 1.5143 to 1.4217 at 1.4571 and bring resumption of fall from 1.5143. Below 1.4256 will.... UWCFX
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