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Technical Focus: USDCHF
USDCHF: With USDCHF breaking and hold above its key resistance at the 0.9331 level, it now looks to extend further upside gains towards the 0.9504 level, its Jan 13’2012 low.
21 votes
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EUR/USD Has 1.2625 in Sight; Greek Re-Election versus...
Traders are on a euro watch this week as political uncertainty is driving financial market tension. Today 5/15, a couple of key events headlines the press. 1) Greek coalition talks break down as President Karolos Papoulias says re-election will b
34 votes
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Singapore Stocks-May fall on Greece concerns
----------------------MARKET SNAPSHOT @ 0015 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1330.66 -0.57% -7.690 USD/JPY 80.27 0.1% 0.080 10-YR US TSY YLD 1.7705 -- 0.000 SPOT GOLD 1541.56 -0.16% -2.540 US CRUDE 93.14 -0.89% -0.840 DOW JONES ...
29 votes
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EUR/USD update (14th May 2012, 15:15)
EUR/USD trended down as worse-than-expected Italian GDP figures were released. The GDP for the first quarter fell by 1.3% on a year-on-year basis, from a contraction of 0.4% previously. It was expected to fall by 1.2%. The eurozone GDP and economic ...
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USD Rally To Accelerate On Less Dovish Fed, GBP To Reverse Course
However, Fed Chairman Ben Bernanke may keep the door open to expand the balance sheet further as ongoing turmoil in the global financial system continues to pose a risk to for the world economy, and we may see a growing rift within the committee as ...
33 votes
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Daily Technical Strategist: USDCAD
USDCAD: We continue to hold onto our downside view on USDCAD as it trades below its key resistance at the 1.0048/51 levels.
32 votes
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GBP/USD Stabilizes Around 1.61
On Monday Pound/Dollar increased with 70 pips. The Cable appreciated from 1.6049 to 1.6123 yesterday, in line with the positive money flow sentiment at over +6%, closing the day at 1.6086. Today the British Pound is trading quietly, with movements at ...
23 votes
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Gold Fundamental Analysis May 15, 2012, Forecast
Analysis and Recommendations:Gold continued to fall in the US session today, trading at 1560.95. During the EU session gold had actually posted a small gain. Gold futures prices are hovering near a four months low as European political hazard
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US soybean futures rebound, wheat firms on Kansas weather worries
Soybean prices were supported by a US Department of Agriculture report showing greater soybean export inspections than expected, and domestic soybean crushing data was also stronger than thought. WHEAT UP ON LOW KANSAS RAINFALL After several days of ...
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Gold Silver and Oil Started off the Week Falling
Gold and silver prices continued their downward trend and started off the week the same way they have ended the previous one - falling. Other commodities also fell including crude oil (WTI) and natural gas future. Finally, the Euro also sharply d
24 votes
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Malaysia-Market factors to watch May 15
US stocks fell on Monday as investors dealt with the one-two punch of worsening political upheaval in the euro zone and the possibility that China's economy may be softening more than previously thought. * Global stocks slid on Monday on worries Greece ...
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Singapore Stocks-May open lower on Greece, growth concerns
----------------------MARKET SNAPSHOT @ 0010 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1338.35 -1.11% -15.040 USD/JPY 79.83 -0.03% -0.020 10-YR US TSY YLD 1.7774 -- 0.009 SPOT GOLD 1558.9 0.14% 2.250 US CRUDE 94.32 -0.49% -0.460 DOW ...


