Gold Fundamental Analysis May 24, 2012, Forecast
Analysis and Recommendations:Gold plummeted today, dropping by 37.25 to change hands at 1539.35.
Gold retreated for a secon...
EUR/GBP Fundamental Analysis May 24, 2012, Forecast
Analysis and Recommendations:The EUR/GBP declined to 0.8007 from the opening at 0.8048 as the euro continued to lose strength, even with negative eco data in the UK and the IMF forewarning, the euro could not hold against the sterling.
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Crude Oil Fundamental Analysis May 24, 2012, Forecast
Analysis and Recommendations:Crude Oil continues to decline falling by over 1.17 today to trade at 90.69.
Oil declined for a second day in New York after Iran agreed to grant access to United Nations nuclear inspectors and U.S. crude stock
AUD/USD Fundamental Analysis May 24, 2012 Forecast
Analysis and Recommendation: (close of Asian session)The AUD/USD continues to fall, trading at 0.9771 as Asian markets close for the day.
The risk aversion mode of the markets continues to push the USD to dominate all of its trading partne
MCX Copper Update, MCX Crude Oil Update, MCX Gold Silver Ti
Today all base metals are green mode. Copper is showing sell position but copper above 445 than buy with stop loss 415. Copper is showing sell signal for short term.Resistance 429-430-432
Support -422.
Asian Stock Market Today May 24 2012
Asian shares were steady but remained vulnerable on Thursday amid signs European leaders were unable to deliver meaningful measures to resolve the region's deepening debt crisis.
EU Summit Fails to Provide Answers
The markets did not get any reason for hope out of the EU summit. Agreement on the significance of having more concrete decision during the official summit in June sounds like “kicking the can down the road” as Jamie Coleman from Forexlive put it
EUR/USD Slumps Below 1.26 Level of Support
EUR/USD sank below the 1.26 level today, which was considered a strong support line. The members of the European Union are meeting today on summit at Brussels, but most Forex market participants do not believe that the meeting would provide some
EUR/USD Breaks 1.26 Level, Traders Running from Euro
The euro fell below the 1.26 level against the US dollar, reaching lowest level since July 2010. That level was considered to provide strong support to the shared 17-nation currency and, now that the support line is broken, traders are afraid tha
Singapore Dollar Could Get Boost From Inflation Data
According to the Department of Statistics in Singapore, consumer price inflation remained at an elevated level in April, rising by 5.4% on a year over year basis and compounding the 5.2% rate seen in March. The figure gained above the 5.2% estim
Rand Slides to This Year’s Low as CPI Below Expectations
The South African rand slumped against the US dollar today to the lowest level this year as slower-than-expected growth of consumer prices triggered speculations that the nation’s central bank would refrain from raising interest rates.
Wednesday Outlook 05-23-12
The SPX 500 sits about 9 points lower from Tuesday’s close on the S&P 500 (as of 7:55am ET). There was talk


