Managed forex accounts

The USD CAD is under pressure as the strong surge in equities and crude oil are fueling a rally in the Canadian Dollar. Without any comments from the Bank of Canada to dampen gains, continue to look for the Canadian Dollar to drive higher. Gains will only be limited if the BoC expresses concerns that the rise in the currency is hurting exports. Demand for more risk is helping to boost the EUR USD at the midsession. The initial rise in this market was triggered by a recovery in Asia overnight

GBP/NZD: Bull homecoming?  Thu, Jul 30 2009, 15:08:50 GMT In the recent past, the GBP/NZD pair touched the May 2009 low of 2.4900, after hitting the July high of 2.6112. The pair has been in a sideways downtrend since last April 2008, dancing in a wide band of 2.5820 – 2.4978. Due to a fall in the GDP (YoY) number, M4 money supply, and an increase in the ILO UK unemployment number, the Cable took a beating and plunged 4.64% after testing the current month’s high of 2.6112. On the daily