Loonie Closes Lower as Commodities Decline
The Canadian dollar fell today as commodities declined on talks that riskier assets have gained too much in the previous days. Such speculations reduced the appeal of currencies tied to performance of raw materials.
The Core US Durable Good Orders- this morning
The Core US Durable Good Orders- this morning
Book Review: The Foreign Exchange Matrix
The Foreign Exchange Matrix: A new framework for understanding currency movements was written by two authors — Barbara Rockefeller and Vicki Schmelzer.
Tongue Tied Fed Makes For No Easy Decisions
The markets are aware that too much free or nearly free money is going to cause trouble. Japan's equity indices saw it first hand this week when their main stock market fell -7.9% during one session.
European Market Update
ECB's Draghi: Eurozone was a more stable union than it was a year ago and now saw signs of tangible improvement in lending and financial conditions; Europe needs a more European UK just as UK needs more "British Europe - London speech
FX Markets Stable
FX markets remain nervous after yesterday's extensive FX and stock market volatility. Asset market price action over the past two days have principally echoed sudden changes in the possibility of Fed 'tapering'.
LIVE MCX Gold Silver price in India, Stock market update to
In evening times MCX precious metals and yellow metals are including decline. Energy MCX crude oil is strongly up trends. Gold on MCX (Multi commodity exchange) Jun contract 122 Rs down at now price 26318.00 Rs....Read More
NZ Dollar Drops as Trade Surplus Shrinks
The New Zealand dollar fell today as the trade balance surplus shrank last month more than was expected by market participants, adding to concerns about slowdown of global growth.
Morning Forex Fundamental
'We see the euro zone being out of recession in the third quarter' -Christian Schulz, senior European economist at Berenberg Bank
EUR/USD: Euro Advanced As Risk Appetite Improved, Trading Lo
For the 24 hours to 23:00 GMT, EUR rose 0.62% against the USD and closed at 1.2923, as risk appetite improved among investors following the release of upbeat US jobless and housing data. Moreover, positive Euro-zone PMI data also added to the opt
AUD/USD: Australian Dollar Snaps Its Previous Session Gains
For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD to close at 0.9683.LME Copper prices declined 2.6% or $194.5/MT to $7285.5/MT. Aluminium prices declined 0.6% or $11.5/MT to $1826.0/MT.
Forex Exchange Morning Statement
Global market sentiment: Markets stabilised in NY following the previous day's Bernanke-inspired rout. Asian and European equities earlier recorded sharp losses (Nikkei -7.3%, Eurostoxx 50 -2.1%), but the S&P500 is currently only 0.1% lower. That


