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Inflation will be contained but non-mining sector will remain weak: Lowe

posted by Avatar Tottie 13 days ago in all made popular 13 days ago

The disinflationary impact of the high Australian dollar was expected to weaken over time, but at the same time, domestic sources of inflation risk were expected to ease, Mr Lowe said. The Australian dollar has risen by 70 per cent since 2008, ... read more
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MIDDAY UPDATE: NZ retail sales fall 1.5% in 1st quarter

posted by Avatar trader 13 days ago in USD, EUR, AUD, NZD, Economic Indicators made popular 13 days ago

New Zealand retail sales fell in the first three months of the year as people reined in spending on supermarket and grocery items after a spend-up during the Rugby World Cup ... read more
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Oil Prices – Weekly Outlook May 14-18

posted by Avatar liorcohen 13 days ago in Fundamental, Weekly, Oil made popular 13 days ago

Crude oil prices continued their descent and mostly declined during the month (so far). The reports from OPEC and IEA might suggest the oil market is loosening up. The Brent premium over WTI slightly rose to $14 -$15 range. read more
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Gold & Silver | Weekly Recap May 7-11

posted by Avatar makino 13 days ago in EUR, Commodities made popular 13 days ago

This news weakened the Euro and as a result metals also suffer from the strengthening of the USD. The industrial production output of China and India may have also adversely affected commodities rates. Several US reports came out during the week but ... read more
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AUD/USD Outlook May 14-18

posted by Avatar forexcrunch 13 days ago in USD, AUD made popular 13 days ago

Despite a strong start to the week, the Australian dollar lost 100 pips, as AUD/USD moved towards parity, closing at 1.0018. The upcoming week has seven releases. Here is an outlook for the Australian events, and an updated technical analysis for read more
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AUD/USD weekly outlook: May 14 - 18

posted by Avatar rosales 13 days ago in AUD made popular 13 days ago

AUD/USD hit 1.0219 on Monday, the weekly high; the pair subsequently consolidated at 1.0016 by close of trade on Friday, falling 1.33% over the week. The pair is likely to find support at 0.9893, the low of December 20 and resistance at 1.0122, ... read more
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Weekly Price Action Forex Chart Outlook: May 14th - 18th

posted by Avatar Nial-Fuller 13 days ago in Technical, Weekly made popular 13 days ago

Weekly Price Action Forex Chart Outlook: May 14th - 18th read more
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EUR/CAD @ D1 — Long-Term Descending Triangle

posted by Avatar topforexnews 13 days ago in EUR, CAD, Technical made popular 13 days ago

The euro is giving the Forex traders another nice pattern — this time on EUR/CAD pair, specifically on its daily chart. This is a long-term descending triangle that started forming back in January 2012. read more
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AUD/USD Forecast May 14, 2012, Technical Analysis

posted by Avatar FXEmpire 13 days ago in USD, AUD, Technical

The AUD/USD pair fell hard on Friday as the “risk off” attitude came back into the markets because of the continuing drama unfolding in the European Union. The Aussie is highly correlated to global growth, and there seems to be a serious fear tha read more
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Silver Forecast May 14, 2012, Technical Analysis

posted by Avatar FXEmpire 13 days ago in Technical, Daily, Metals made popular 13 days ago

The silver markets fell for most of the session on Friday, only to bounce again and form a hammer. The market has been struggling to continue the freefall after the breaking of the $30 level. The level should still be resistive at this point, and read more
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mortgage interest rates prediction next week may 14 2012

posted by Avatar stockmarket 14 days ago in Fundamental, Weekly, Housing made popular 14 days ago

The record low mortgage interest rates continue on. This week’s Homes.org mortgage report has good news for buyers. Despite renewed concerns over inflation, read more
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Fundamental Analysis and the Week Ahead May 11

posted by Avatar BinaryOptionStrategy 14 days ago in EUR, Technical, Gold made popular 14 days ago

In the latest news from Greece, socialist party leader Evangelos Venizelos failed to form a coalition government after hosting last-minute talks. This news all but crushing earlier hopes that the debt-ridden nation would avoid another round of el read more