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Euro pulls away from lows on intervention concerns

posted by morgan 737 days ago in EUR made popular 737 days ago

The worst week for risk aversion in 2010 continued apace overnight as markets digested concerns about the strength of the recovery in the US with the unexpected jump in weekly jobless to 471,000 and the unexpected drop in leading indicators.

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EUR/USD Continues To Consolidate Recent Losses

posted by morgan 738 days ago in USD, EUR made popular 738 days ago

Sits at 1.2200, exactly where it was when I sat down 7 hours ago. Consolidation is probably the best way of looking at things after yesterday’s mayhem. Wonder how long it will last once North America gets in.

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How To Be Successful With The Forex Trading

posted by morgan 742 days ago in Special, Trading Psychology made popular 742 days ago

In order to be involved into the beautiful and addictive world of the Forex trading, you need to have a right trading strategy. Today there are a lot of various Forex trading strategies that will help you to get involved into the trade. Still it

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Gold price hits record high near $1,250

posted by morgan 743 days ago in USD, Gold

The price of gold struck an all-time high near 1,250 dollars an ounce on Friday, as investors sought a safe-haven in the precious metal amid mounting concerns over the eurozone financial crisis.

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USD stable versus rupee

posted by morgan 744 days ago in USD made popular 744 days ago

The dollar remained unchanged versus the rupee in the interbank market, dealers said on Thursday.

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Aussies told to save to curb inflation

posted by morgan 745 days ago in AUD, Inflation made popular 745 days ago

Australians need to save more for the economy to avoid a more rapid run-up in inflation, triggered by nation's rising terms of trade, the country's Reserve Bank said today.

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Euro fears resurface as Gold surges in Asia

posted by morgan 746 days ago in EUR, Gold made popular 746 days ago

Worries over the eurozone's debt problems despite a one-trillion-dollar rescue deal sent gold to a record high Wednesday while the euro slid as investors looked for safer assets.

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USD makes the most of EU crisis

posted by morgan 749 days ago in USD made popular 749 days ago

The US dollar finished the week sharply higher against all major counterparts except the Japanese yen, rallying on similarly dramatic declines in the US S&P 500 and other key financial risk barometers.

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Gold nears record on Europe fiscal crisis

posted by morgan 750 days ago in EUR, Gold made popular 750 days ago

Gold rose to a near record in New York, capping the third straight week of gains, as Europe's fiscal crisis spurred demand for the metal as a haven. Silver jumped the most since November.

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Euro recovers in Friday trading to $1.2741

posted by morgan 751 days ago in EUR

After a calamitous decline in trading the night before, the euro rebounded Friday in European trading from lows near $1.25. The euro hit $1.2741 in late morning trading ahead of a key meeting of European leaders about Greece in Brussels later in

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Euro Declines on Concern

posted by morgan 755 days ago in EUR, Trade made popular 755 days ago

The euro fell from a one-week high against the dollar on concern a 110 billion-euro ($146 billion) bailout package for Greece will fail to contain the region’s sovereign-debt crisis.

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Dollar mixed ahead of GDP

posted by morgan 757 days ago in USD, GDP

The dollar fell against the euro Friday as investors gravitated toward more risky assets amid signs Greece will receive additional financial support and ahead of key U.S. economic data.

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