AUD/USD Reaches This Year’s Low
The Australian dollar continued its tumble today, reaching the lowest level this year against the US dollar, as adverse market sentiment and the interest rate cut earlier this month are still driving forces that push the currency down.
Crude Oil Slips as Iran Cooperates with UN
Crude oil pulled back today after earlier advance as Iran reached an agreement with the International Atomic Energy Agency to allow the United Nations’ inspectors visit Iran’s nuclear facilities.
Dollar Gains on Bad Risk Sentiment & Good US Fundamentals
The US dollar advanced today as fears that the crisis in Europe is worsening drove investors to safer currencies and the dollar in particular as the US economy continue to show signs of recovery.
Daily Forex Fundamentals - May 22, 2012
Yesterday, risk appetite sent the dollar lower on the charts. Will carry on in today's trading? Read up on my daily forex fundamentals report and find out what events could affect market sentiment!
SPX 500 - Tuesday 05-22-12
The SPX 500 sits about 4 points higher than Mondays close on the S&P 500 (as of 8:35am ET).
Pound Falls as CPI & HPI Drop
The Great Britain pound fell against the US dollar today after reports showed that inflation slowed and house prices unexpectedly declined, adding incentive for the Bank of England to stimulate the economy. The currency advanced against the euro
Yen Slides as Fitch Downgrades Japan
The Japanese yen fell today as Fitch Ratings downgraded Japan’s sovereign credit rating because country’s actions to reduce public huge public debt are too slow.
Is China about to Launch More Stimulus?
By nearly any accounting, the Chinese government’s efforts to cool off its super-heated economy was a well-engineered success, but many critics worry that it was perhaps too successful. According to the International Monetary Fund, China’s slowdo
Free Commodity Tips, Base Metals Tips, Copper Trends For To
Today MCX gold made up of at Rs 29,000. Silver ended up doing business with Rs 54224. Base metals are mixed business on the market. Copper and Nickel is strong move up. Aluminum, lead and zinc in the decline…… Get more tips……
Risk Aversion Reigns Ahead of EU Summit
The pound lost a cent against commodity currencies such as the Australian and New Zealand dollars yesterday, as concerns about a potential Greek exit from the Eurozone continue to rebound on the UK.
EUR/GBP Fundamental Analysis May 22, 2012, Forecast
Analysis and Recommendations:The EUR/GBP opened the week at 0.8079 and climbed to 0.8086 moving in a very close range like most the currency markets today.
Today was void of major eco data and very little local or regional data, nothing to
GBP/USD Fundamental Analysis May 22, 2012, Forecast
Analysis and Recommendations:The GBP/USD fell by a few pips to trade at 1.5794. This pair followed to overall tone of the markets today, with little data and a quiet political scene, the markets were less volatile and volume was down as investo


