Central Banks Still Significant Buyers On Gold Dip
By Mark O`byrne Gold's London AM fix this morning was USD 1558.50, EUR 1239.27, and GBP 993.62 per ounce. Yesterday's AM fix this morning was USD 1555.00, EUR 1229.44, and GBP 989.56 per ounce. Silver is trading at $28.12/oz, 22.46/oz and 18.01/oz.
USD/CHF Slowing Its Bull Run at the 2012 High
The USD/CHF has been rallying sharply and is now back to where it was at the beginning of the year when the market made a 2012 high at 0.9593. In January the market fell from this area first to 0.9410, then all the way down to the 2012 low of 0.8
What Does the Future Hold for the US Dollar?
Are you interested in what may happen with US dollar in the nearest future?My vision and infographics on US national debt.
UK BBA Mortgage Approvals Rise More Than Expected In April
Gross mortgage lending was GBP 7.6 billion in April, down from GBP 8.2 billion in March. Net consumer credit lending shrunk by GBP 0.2 billion, while it grew by GBP 0.1 billion in the previous month. Personal deposits grew by GBP 2.2 billion, ...
US Housing Market Improves. Euro drops to 22 month low
US housing market contributes to economic growth for the first time in 7 years. The EURUSD brokesupport at 1.2620 falling to a 22 month low trading.
USD/JPY Forecast May 24, 2012, Technical Analysis
The USD/JPY pair fell during most of the Wednesday session as the risk appetite around the world fell off of a cliff. Also, the Bank of Japan failed to add to their easing at the meeting for the session, so buying the Yen was doable. The pair is
GBP/USD Forecast May 24, 2012, Technical Analysis
GBP/USD had a bearish session on Wednesday as the markets continue to worry about all things European. The risk appetite just wasn’t there for people to buy the cable, and as is so often the result, they simply sold. However, the market is coming
GBP/USD Fundamental Analysis May 24, 2012, Forecast
Analysis and Recommendations:The GBP/USD fell in today’s session as the GBP was barraged with negative eco data. The pair dropped to trade at 1.5712. Yesterday the IMF commented on the status of the UK economy and urged the BoE to consider dras
EUR/USD Fundamental Analysis May 24, 2012, Forecast
Analysis and Recommendations:The EUR/USD broke under the 1.26 price level today, to trade at 1.2592.
Cautiousness prevailed in the market ahead of the European Union Summit as investors were contemplating whether or not the EU leaders will
CAD Reaches Four-Month Low vs. USD
The Canadian dollar slipped to the four-month low against its US counterpart and the three-month low versus the Japanese yen. The currency gained against the euro and the Australian dollar.
Forex Outlook for 05/24/2012
It is big events for forex market May 22, 2012
Forex Resistance Pivot Points Support 05/24/2012
Daily Forex Resistance Pivot Points Support 05/24/2012


