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Loan demand to buy US homes sinks post tax credit

posted by annie 738 days ago in USD, Housing made popular 738 days ago

Demand for loans to buy U.S. homes shriveled to a 13-year low last week, following the expiration of federal tax credits, while near-record low mortgage rates stoked refinancing, the Mortgage Bankers Association said on Wednesday.

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How You Can Avoid These 4 Top Frauds in Forex Trading

posted by annie 742 days ago in Special made popular 742 days ago

Forex brokers should be registered with the Futures Commission Merchant (FCM) as well as regulated by the Commodity Futures Trading Commission (CFTC) and a NFA member.

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Euro Ends Dismal Week At 18-Month Low To Dollar

posted by annie 743 days ago in USD, EUR, Trade made popular 743 days ago

The euro remained in free fall versus the dollar on Friday, plunging to its lowest level in more than 18 months amid worries that euro-zone debt will stunt the fragile global economic recovery.

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NZ Q1 Retail Sales +3.0% QoQ (3.4% Expected)

posted by annie 744 days ago in USD, NZD, Retail Sales made popular 744 days ago

The NZD/USD is 30 pips lower directly after the data release.

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Euro edges up but near recent lows, seen vulnerable

posted by annie 745 days ago in EUR made popular 745 days ago

The euro edged up against the dollar on Thursday but remained vulnerable near a recent 14-month low on concerns about the risk of a sovereign debt crisis in the euro zone and the impact of fiscal measures on the region's growth.

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Gold and the Worry Trade

posted by annie 746 days ago in USD, Gold made popular 746 days ago

Is it a coincidence that the price of gold hit an all-time high just as David Cameron was becoming the prime minister of Britain? Yes. But it’s also indicative of the enormous amount of uncertainty that continues to pervade the market.

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AUD drops as housing finance numbers surprise

posted by annie 746 days ago in AUD, Housing made popular 746 days ago

The Australian dollar was lower today after the release of worse than expected housing finance data.

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USD/JPY Accelerates towards 94.30

posted by annie 749 days ago in USD, JPY

After breaking the 94.05 resistance, 55 hours moving average, the Dollar has slightly accelerate its advance against the Yen. The USD/JPY is trading higher today’s session from 93.80 in the early Asian morning to rise 50 pips and price above 94.2

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The inevitable collapse of the dollar

posted by annie 750 days ago in USD made popular 749 days ago

Americans are living beyond their means and Asia is currently financing that. But eventually the Asians/Europeans will stop financing the USA and then the bubble will burst.

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EUR/USD: Stops Done Below 1.3250

posted by annie 755 days ago in USD, EUR made popular 755 days ago

Talk earlier was of strong bids between 1.3200/20 and that’s the next level of support after stops below 1.3250 were triggered.

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Oil prices extend gains as dollar falls

posted by annie 758 days ago in USD, Oil made popular 758 days ago

Crude futures rose above $84 a barrel on Thursday, buoyed by indications of a higher opening on Wall Street and a decline in the value of the U.S. dollar.

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Euro slips vs dollar

posted by annie 761 days ago in USD, EUR

The European single currency fell against the dollar on Monday as traders were unconvinced by a multi-billion-dollar Greek rescue package from the European Union and the International Monetary Fund.

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