Forex Outlook 05/18/2012
It is big events for forex market May 18, 2012
US wheat futures come off six-week high
The US Department of Agriculture in its daily reporting system confirmed sales of 480000 tonnes of US soybeans to China, the biggest oilseed buyer, for 2011/12 delivery. * Favorable weather in the US Midwest continued to boost the outlook for this ...
ForexLive: EUR/USD Ending on the Positive Side of the Fence
The EURUSD is closing the week on the positive side of the fence. On the chart above the price moved higher on (I guess) comments from EU leaders (Monti/Hollande). The power of some well chosen words can do wonders on a Friday afternoon....more.
GBP/USD Forecast May 21, 2012, Technical Analysis
The GBP/USD pair has been viciously sold off over the last several sessions, but the Friday markets saw a bit of a reprieve. The daily candle closed to form a bullish hammer at the 1.58 vicinity, and the site of the 50% Fibonacci retracement level.
Lower interest rates combined with risk off trades sends NZ$ lower against US$
Economic data showed the pace of US recovery has throttled back somewhat, while Chinese economic activity has yet to find a solid base. The ailing health of the Spanish banking sector was also the source of much hand-wringing. Mounting fears about the ...
Malaysia-Market factors to watch May 21
... USD/JPY 79.13 -0.04% -0.030 10-YR US TSY YLD 1.7363 -- 0.014 SPOT GOLD 1596.63 0.29% 4.630 US CRUDE 91.53 0.05% 0.050 DOW JONES 12369.38 -0.59% -73.11 ASIA ADRS 112.78 -1.51% -1.73 ------------------------------------------------------------- * For ...
Why Has Gold Fallen In Price And What Is The Outlook?
By Mark O`byrne Gold's London AM fix this morning was USD 1590.25, EUR 1245.20, and GBP 1005.34 per ounce. Friday's AM fix was USD 1588.00, EUR 1251.08 and GBP 1005.13 per ounce. Silver is trading at $28.45/oz, 22.37/oz and 18.06/oz.
Quick spike in thin USD/CAD market
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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
crude oil futures prices down may 23 2012
crude oil futures prices down may 23 2012 : Oil prices edged lower in Asian trade Wednesday, amid hopes of easing tensions between major producer Iran and the West
EUR/USD Fundamental Analysis May 23, 2012, Forecast
Analysis and Recommendations:The EUR/USD continued to fall in today’s session. At present the euro is bringing 1.2734
Once again, it has been a fairly light day for eco data, so new flow controlled markets, news has also been mixed as the
Eurozone Current Account Logs Surplus In March
The surpluses were partially offset by EUR 8.8 billion deficit in current transfers. The 12-month cumulated seasonally adjusted current account posted EUR 9.6 billion surplus in March, which was around 0.1 percent of euro area GDP, compared with a ...


