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USD/CHF retreats 0.25%
The greenback tumbled against the Swiss franc during the early hours of the European trading session and ahead of the release of important data about the state of the US economy. At 12:30 GMT will be released the latest ...
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USD/JPY Forecast May 15, 2012, Technical Analysis
The USD/JPY pair struggled during the Monday session as the 80 handle continues to cause massive reactions in the pair. The level was the site of a large breakout back at the start of 2012, and the area is just now being tested for support. After
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EUR/GBP Forecast May 15, 2012, Technical Analysis
The EUR/GBP pair fell hard during the session on Monday as the woes in Europe continue. The pair is a simple measuring of how bad the Euro really is. Granted, the British economy will be affected by troubles in the European Union, and the Brits e
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Silver Forecast May 15, 2012, Technical Analysis
The silver markets fell again on Monday as the Dollar continues to gain overall. The market has recently broken below the support level at the $30 level, and this signaled to us that the market was ready to see a major selloff. The silver markets
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Gold Forecast May 15, 2012, Technical Analysis
The gold markets fell hard on Monday as the fears out of the European Union continue to push the value of the US dollar higher. The Euro fell hard, and the resulting strength of the Dollar had a large impact on this commodity. The $1,500 level is
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European Factors to Watch-Shares set to extend Monday's drop
... USD/JPY 79.86 0.01 % 0.0100 10-YR US TSY YLD 1.776 -- 0.01 10-YR BUND YLD 1.460 -- 0.02 SPOT GOLD $1553.96 -0.17 % -$2.69 US CRUDE $94.15 -0.66 % -0.63 GLOBAL MARKETS-Shares fall again as Greek risks dominate S&P 500 down for 4th day of five, ...
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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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Market Update: China Faces Slowdown. Gold Drops 5 month low
China cuts RRR by 50 basis points amidst a slowdown in economy. Gold dropped to a record 5 month low against the USD, trading at $1558.35 per ounce.
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Euro drops to near 4-month low on Greek deadlock
The euro fell to a nearly four-month ...
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Brazilian Government Allows Real to Depreciate
The Brazilian real fluctuated today as Brazil’s government indicated that it is not going to intervene in the exchanged markets in order to support the currency. The willingness of the government to allow the currency to weaken harmed the real, b
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USD/CAD – Key Resistance Continues to Hold
The USD/CAD formed a double top on Friday after better-than-expected employment data gave the CAD a boost. However, as risk aversion from the Eurozone pushed up the USD, as well as pressured oil prices, which is correlated to the loonie. The USD/
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USD/JPY Technical Outlook – May 14th
The USDJPY exchange rate remains in consolidation, but looks to be failing the pivotal 80.00 figure. Any bullish price action has now stalled for the sixth straight session, leaving the door open for near term Japanese yen strength.


