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USD Index Breaks Trend, Sterling Presents Range-Trade Opportunity

posted by Avatar Gimmy 92 days ago in Economic Indicators

... monetary policy report to Congress next week, dovish comments from the central bank head may produce a sharp selloff in the USD, but we may see Mr. Bernanke strike an improved outlook for the world's largest economy as the recovery picks up.  read more
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Sharp JPY rise now would have negative econ effect

posted by Avatar Gimmy 100 days ago in JPY made popular 100 days ago

Mr Shirakawa notes that that it is still a long way till deflationary pressures can be defeated and the economy move towards the central bank and government's 1% inflation target. In the meantime, he promises that the BoJ will continue with powerful ...  read more
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EUR/USD higher on Greek austerity agreement

posted by Avatar Gimmy 107 days ago in EUR made popular 107 days ago

Forexpros - The euro gained against the US dollar Thursday, after Greek leaders agreed on an austerity package to qualify for a second economic bailout package. EUR/USD traded at a low of 1.3215 and hit a high of 1.3320 prior to trading higher by 0.22% ...  read more
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US Jobs Impress, Judgment Day for Greece

posted by Avatar Gimmy 111 days ago in EUR, Commentary made popular 111 days ago

The USD was not sold off as usual but instead able to hold near the opening levels with Gold and the Euro under pressure. In other data we saw January ISM services jump to 56.8 vs. 53.0 previously. In US stocks, DJIA +156 points closing at 12862, ...  read more
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GBP/USD Forecast for the Week of February 6, 2012, Technical Analysis

posted by Avatar Gimmy 112 days ago in USD, EUR made popular 112 days ago

The GBP/USD pair rose again this previous week as the Pound continues to beat up on the Dollar. The 1.58 level has given way, and we are now pressing the 1.59 level. The UK is presently heavily exposed to the European Union, and as such we are a bit ...  read more
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Flash: NZD/USD may target 0.8380 in Asia - ANZ

posted by Avatar Gimmy 114 days ago in NZD made popular 114 days ago

NZD/USD may target 0.8380 through Asian trading after a subdued American session, ANZ senior dealer Alex Sinton said in a note. "Supply issues for buyers are accentuating the moves as underlying demand remains unsatisfied at ...  read more
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Gold rises to 6-week high on Fed rate vow

posted by Avatar Gimmy 122 days ago in USD, EUR, JPY, Commodities

Gold jumped to its strongest in more than a month in choppy trade on Thursday ...  read more
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Dollar's Influence on Gold

posted by Avatar Gimmy 123 days ago in USD, EUR, JPY, CAD, AUD, Commodities made popular 123 days ago

By Przemyslaw Radomski In our previous essays, we emphasized that the long- and short-term trends for gold are up. In today's article, we will feature the current situation in the USD and Euro Indices and in the general stock market.  read more
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AUD/USD dips on weak pricing data

posted by Avatar Gimmy 125 days ago in AUD, NZD made popular 125 days ago

... down against the yen, with AUD/NZD dipping 0.09% and trading at 1.2992 and AUD/JPY falling 0.15% to 80.63. Later Monday, the Conference Board in Australia will release its leading index, which will shed further light on the health of the economy. ...  read more
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Chart EUR/AUD Update: Oversold daily tools to hinder swift decline

posted by Avatar Gimmy 137 days ago in EUR

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ...  read more
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British pound sterling: Currency holds ground vs EUR, advances vs USD as FTSE ...

posted by Avatar Gimmy 137 days ago in EUR made popular 137 days ago

A stronger equity market performance has today sunk the US dollar on the currency markets. British Pound Sterling (GBP) in Euro (EUR): GBPEUR is 0.02% lower on the day at 1.2106 at 12:27 AM in London. British Pound Sterling (GBP) in US Dollar (USD): ...  read more
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SilverBirch Energy Corp : Teck Resources to Acquire SilverBirch Energy Read More >

posted by Avatar Gimmy 138 days ago in CAD made popular 138 days ago

SilverWillow will hold substantially all of the assets of SilverBirch other than SilverBirch's 50% interest in the Frontier and Equinox oil sands project. In connection with the arrangement, Teck will contribute to SilverWillow CAD $25 million in ...  read more