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US copper adds to gains as euro advances on dollar

posted by Avatar erzon 815 days ago in USD, EUR, Metals

U.S. copper futures ran up
towards recent highs on Wednesday after the dollar lost ground
to the euro following the Greek government's endorsement of a
4.8 billion euro austerity package, traders said.  read more
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Bank of England to keep lending rate low: analysts

posted by Avatar erzon 816 days ago in GBP, GDP

The Bank of England is set to keep its key lending rate at a record low 0.50 percent when it meets on Thursday despite Britain emerging from a record recession stronger than expected, analysts said.  read more
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USD to set to turn lower

posted by Avatar erzon 818 days ago in USD, EUR made popular 818 days ago

The Euro rallied on Friday after Bloomberg reported that Germany may buy Greek bonds. Shorts read this as a potential vote of confidence for Greece and used the news as an excuse to cover positions. The strong rally put the EUR USD in a position  read more
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The Markets – Using them for Bigger Fx Profits

posted by Avatar erzon 818 days ago in Special made popular 818 days ago

The successful Forex Raptor system is Forex BackLash that will inspire and motivate you.
If you wish to simply be Forex BackLash and not a scam you may work alongside one at the same team.  read more
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Euro has become a 'subprime' currency

posted by Avatar erzon 819 days ago in EUR made popular 817 days ago

The euro has become another "subprime" currency, afflicted by debts, funny bookkeeping, regulatory failure and widespread street protests in Greece and Spain. It's ironic that more violence-prone Americans didn't hit the streets, and throw rocks,  read more
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USD Declines Against Yen, Euro on Greek Aid

posted by Avatar erzon 819 days ago in USD, JPY, Housing made popular 817 days ago

The dollar fell against the euro and the yen as German lawmakers said aid to Greece may come through a state-owned lender and sales of U.S. existing homes unexpectedly declined last month.  read more
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Eurozone fears push Asian markets lower

posted by Avatar erzon 821 days ago in EUR, JPY, Trade made popular 821 days ago

Eurozone debt woes were back in the Asian market spotlight Thursday, with the single currency hitting a one-year low against the yen amid fears Greece’s fiscal problems could spread.  read more
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Euro Falls to Year Low Versus Yen on Greek Downgrade Concern

posted by Avatar erzon 822 days ago in EUR, JPY, GDP made popular 821 days ago

The euro fell to a one-year low against the yen on speculation Greece’s credit rating will be downgraded as the country struggles to push through fiscal cuts demanded by the European Union.  read more
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EUR/USD: technical resistance around 1.3650

posted by Avatar erzon 825 days ago in USD, EUR, Technical made popular 825 days ago

The EUR/USD has gotten another updraft and is closing in on hourly technical resistance at 1.3640/50. The 200-hour MA and a 61.8% retracement level both come in around 1.3650.  read more
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IMF gold plan poses tricky twist for market

posted by Avatar erzon 827 days ago in GBP, Fundamental, Gold made popular 827 days ago

The International Monetary Fund's long-planned sale of its 403 tonnes of gold has taken on a new twist that may chip away at one of the fundamental drivers for higher gold prices.  read more
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US dollar soars after Fed raises discount rate

posted by Avatar erzon 827 days ago in USD made popular 827 days ago

The US dollar surged in late New York, hitting its highest levels since last June against a basket of currencies after the Federal Reserve mugged the currency markets by unexpectedly raising the discount rate at which banks borrow for emergency f  read more
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Oil gains over $US2 on euro rise, Iran tensions

posted by Avatar erzon 830 days ago in USD, EUR, Oil made popular 830 days ago

Oil jumped more than $US2 per barrel to over $US76, responding to a euro clambering higher against the US dollar and supported by growing tensions over sanctions against Iran.  read more