Monetary policy in a cauldron
More importantly, India stands out as an outlier with the policy interest rate being substantially lower than the inflation rate. As the latest Policy statement rightly stresses, the current account deficit (CAD) in the balance of payments is the ...
The Opening Bell: Where currencies start for Friday, May 17, 2013
Commodities are mixed but gold continues to weaken down 0.84% overnight. The market remains more upbeat towards the US Dollar as investors continue to anticipate a 'tapering' in US monetary stimulus. The NZD opens at current indicative levels: 0.8315 ...
22/05/2013 best stock market intraday trading tips and marke
Today Indian share market sprung up due to strong international and Asian market. Today both index open with bullish condition Sensex open on 20,151 with rose 39 and Nifty open on 6157 with 13 sprung up.Today IT and tech stocks soared because o
Venezuela, China Strengthen Cooperation in Oil Sector
According to Ramirez, the next step in that sense will be to decide about a $4 billion USD funding to bring the Sinovensa or the OOB Carabobo division production to about 330,000 barrels of oil daily. The also president of Petroleos de Venezuela S.A ...
USD/JPY Awaits Break from the 101.83 – 102.75 Consolidation
Consolidation: After a strong rally last week, the USD/JPY has been quiet this week, though it did make a new high to 120.75. But since then it has established a consolidation range between that resistance and support at 101.83. The 5/16 session
Midday: AUD slips on RBA outlook, ASX down 0.8%
The worst performing sector is Financials excluding real estate investment trusts, falling 90 points to 6,651. Shares in Lend Lease Group (ASX:LLC) have fallen 3.73 per cent, trading at $10.21. Shares in ANZ Banking Group(ASX:ANZ) and AMP Limited ...
Taking Another Swing at EUR/USD
Good morning forex friends! This week, I'm taking another swing at EUR/USD, looking for a retracement setup to play my biases on the euro and the US Dollar, with the FOMC as my catalyst for a move.
GOLD Bearish Reversal in Progress, Could Hit 1300
GOLD Bearish Reversal in Progress, Could Hit 1300
June '13 British Pound: Bear Trend Digestion
Technically the MKT is "on the fence" and in a pivotal position. On the SELL side BREAKOUT, FADE and REVERSAL strategies are valid with the expectation that the underlying negative momentum is going to reassert itself.
Intraday Forecast: USD/JPY ; USD/CHF ; GBP/USD ; EUR/USD
USD/JPY: A temporary top is possibly in place at 102.75 and intraday bias is turned neutral for some consolidations first. Though, retreat should be contained above 99.45 support and bring another rise. Above 102.75 will extend the larger up tren
INTRADAY STOCK MARKET UPDATES TODAY 17 MAY 2013
Rising for the third straight session, the BSE benchmark Sensex today rose by over 34 points to 20,247.33 to hit a fresh 28-month high on buying mainly in realty, oil&gas, healthcare and banking stocks, amid strong foreign capital inflows. The
Elliott Wave Forecast: EUR/JPY - Buy at 131.35
As the single currency staged a strong rebound after yesterday's brief fall to 130.93, suggesting consolidation within 103.93-132.78 (last week's high) would be seen with mild upside bias for test of said upper range of 132.78 but break there is.


