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Oil prices steadied after upwards drive

posted by Avatar vhinz316 727 days ago in EUR, Oil made popular 727 days ago

Oil prices steadied on Friday after an upwards drive was reversed by renewed concerns about the health of Europe's economy.  read more
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Gold Up, Oil Weak

posted by Avatar neorix 727 days ago in USD, Gold, Oil made popular 727 days ago

Gold rose in late trading on Friday after the Fitch cut of Spain's debt ratings forced gold investors to cover short positions before the holiday long weekend.  read more
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USD/CAD Outlook – May 31 – June 4

posted by Avatar forexcrunch 727 days ago in CAD, Technical, Weekly made popular 727 days ago

A combination of GDP, a rate decision and employment figures promise an exciting week for the Canadian dollar. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD.  read more
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Daily Chart Art - May 31, 2010

posted by Avatar monstapips 727 days ago in JPY, Technical, Daily made popular 727 days ago

Is it already the end of May? My, how time flies - especially when you're having fun kickin' it with the FX-men! On Big Pippin's canvas today - the 4-hour charts on the EURUSD, AUDUSD and GBJPY!  read more
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Weekly Economic and Financial Commentary

posted by Avatar jerome 729 days ago in USD, Fundamental, Weekly made popular 729 days ago

The U.S. economic recovery continues to show its Dr. Jekyll and Mr. Hyde sides. Perhaps that is a factor behind the schizophrenic stock market behavior of late. An “unbalanced” or “two-speed” recovery remains the current state of affairs.  read more
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How the Gulf Spill May Affect Oil Price and Supplies

posted by Avatar jerome 730 days ago in USD, Oil

As a long time oil bull, I've been spending more than a bit of time over the last couple of weeks musing about how this might affect the oil market, and the price of oil, over the intermediate and long term.  read more
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Daily Economic Roundup - May 28, 2010

posted by Avatar monstapips 730 days ago in USD, Fundamental, Daily made popular 730 days ago

The dollar took a hit in yesterday's trading as risk appetite came back with a vengeance. With it being a Friday, could we see more of the same?  read more
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Dollar and Euro Gain Against The Yen

posted by Avatar fahrell 730 days ago in USD, EUR made popular 730 days ago

The Euro and U.S. dollar gained against the Japanese Yen early Monday (see the charts below).  read more
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Japan's Yen Rises Above War Jitters, Deflation

posted by Avatar camac 730 days ago in JPY, Trade made popular 730 days ago

Japan is again suffering from deflation. Prime Minister Yukio Hatoyama's ability to spur the economy is sharply constrained by record public debt exceeding 882.9 trillion yen ($9.78 trillion). It has the lowest interest rates of any developed nat  read more
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Mortgage rates close to record low

posted by Avatar erzon 730 days ago in USD, Housing, Trade made popular 730 days ago

Turmoil in the stock market and the European debt crisis are making life easier for U.S. homebuyers and families looking to refinance: Mortgage rates are inching closer to a record low.  read more
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U.S. Dollar could be Forming Major Top

posted by Avatar mateo 730 days ago in USD, Technical, Inflation made popular 730 days ago

The U.S. Dollar traded sharply lower on Thursday, giving the first indication in weeks that the event driven rally may be coming to an end. Pressure was on the Dollar all day led by the strong turnaround in the Euro. Additional pressure came from  read more
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Euro Set for 5th Weekly Loss Vs Yen on Regulation Concern

posted by Avatar vhinz316 730 days ago in EUR, Weekly made popular 730 days ago

The euro headed for a fifth weekly loss against the yen as concern Europe’s fiscal crisis will lead to stricter financial regulations damped demand for higher- yielding assets.  read more