Bank of Russia To Buy Considerable Figure" Of Gold Tonnage in 2012
By Mark O`byrne Gold's London AM fix this morning was USD 1560.50, EUR 1240.66, and GBP 996.04 per ounce. Yesterday's AM fix this morning was USD 1558.50, EUR 1239.27, and GBP 993.62 per ounce. Gold was off $1.70 or 0.11% in New York yesterday and ...
GBP/USD Stabilizes Above 1.565
On Thursday Pound/Dollar traded within 90 pip range. The Cable appreciated from 1.5637 to 1.5727 yesterday, in converse with the negative money flow sentiment at nearly -28%, closing the day at 1.5662. Today the British Pound is trading quietly, ...
Negative Q1 GDP Growth in UK Weighs on GBP; FTSE 100 Hovers
High yielding currencies were lower during the last few sessions, propelled in part by disappointing growth figures out of the UK. First quarter GDP numbers in the UK were lower than market expectations (largely on weakness seen in the constructi
GBP/USD Fundamental Analysis May 25, 2012, Forecast
The GBP/USD traded in a fairly tight range today, closing at 1.5696. Remembering that the GBP was in striking range of the 1.63 price level just a fortnight ago. The UK continues to see negative eco data, and a weak housing market.
USD/JPY Fundamental Analysis May 25, 2012, Forecast
The USD/JPY is trading at the end of the Asian session at 79.48As risk aversion remains the call of the markets, investors are ignoring fundamentals and continue to move to safe havens, shedding anything associated with the EU. After the coll
USD/CAD Forecast May 25, 2012, Technical Analysis
The USD/CAD pair rose during the session, but ended up almost unchanged by the end of Thursday. The pair is being moved around by the oil markets, and those commodity markets found a little bit of a bid during the day, and this gave the Canadian
GBP/USD Forecast May 25, 2012, Technical Analysis
The GBP/USD pair has fallen again during the Thursday session to test the support level at the 1.5650 level. The level was our “line in the sand” for the bulls, and the fact that we have touched it for the session suggests that a decision has to
EUR/USD Forecast May 25, 2012, Technical Analysis
The EUR/USD pair attempted to rally on Thursday but failed miserably. The 1.25 level brought out the buyers, but they simply weren’t enough to stop the move lower. At the end of the session, we had a shooting star at the bottom of the downtrend.
Euro/USD Continued to Trade Down on Thursday –Daily Recap
The Euro/USD continued to trade down during yesterday’s trading.. Furthermore, the Canadian dollar and several other currencies such as the GBP also declined against the USD. The safe haven exchange rates such as CHF and Yen also depreciated agai
US corn firms slightly on bargain hunting
Corn is down more than 8 percent on the week for the biggest weekly loss of the July contract after Monday's US Department of Agriculture weekly crop report showed that predicted 2012/13 ample supplies had yet to be damaged by hot weather in the United ...
Canadian Dollar Remains Depressed by European Crisis
The Canadian dollar fell today, dropping for the fourth straight day against its US peer, as fears of a collapse of the eurozone made Forex traders prefer the US currency to the Canadian one. The currency was flat against the yen.
Singapore Stocks-May rise on higher US; Greece worries may cap
----------------------MARKET SNAPSHOT @ 0009 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1320.68 0.14% 1.820 USD/JPY 79.62 0.1% 0.060 10-YR US TSY YLD 1.786 -- 0.003 SPOT GOLD 1556.89 -0.09% -1.360 US CRUDE 90.87 0.23% 0.210 DOW JONES ...


