Feedback Form

Avatar portelo

41 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

US OPENING NEWS INCLUDING: Turkey may raise gas prices by an additional 15%

posted by Avatar portelo 53 days ago in USD, Economic Indicators made popular 53 days ago

In terms of economic releases the UK observed a stronger than expected reading on its Construction PMI hitting a 21-month high, which saw some brief strength in GBP. Overall across various assets classes' volumes have remained fairly light as we head ... read more
28 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

South Korean March consumer CPI +2.6% YoY

posted by Avatar portelo 55 days ago in CHF made popular 55 days ago

By Sean Lee || April 1, 2012 at 23:26 GMT ForexBee: Hi Sean, How AUD/USD will move if there is no rate cut , I am mid-term investor , it is very much painful... Thomas: The Federal Council, Switzerland's government, has seven members. read more
32 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

US Dollar Under Pressure After Housing Data

posted by Avatar portelo 66 days ago in Economic Indicators made popular 66 days ago

US existing home sales fell to 4.59 in february million from the revised up 4.63 million in January and below market expectations of 4.61 million. The number failed to confirm the relatively good numbers of housing starts and permits we have seen ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Amway Parent Surpasses USD$10.9 Billion in Sales

posted by Avatar portelo 93 days ago in USD

23, 2012 /PRNewswire/ -- Amway parent company, Alticor Inc., announced global sales exceeding USD$10.9 billion for the year ended December 31, 2011. The results represent 17 percent growth over 2010 annual sales of USD$9.2 billion. read more
35 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Singapore Stocks-May rise; CapitaLand in focus

posted by Avatar portelo 103 days ago in all made popular 103 days ago

----------------------MARKET SNAPSHOT @ 2350 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1351.77 0.68% 9.130 USD/JPY 77.52 -0.05% -0.040 10-YR US TSY YLD 1.9637 -- -0.014 SPOT GOLD 1719.39 -0.18% -3.100 US CRUDE 100.65 -0.26% -0.260 DOW ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Flash: USD now looks less vulnerable than it did before the NFP UBS

posted by Avatar portelo 113 days ago in USD

The general weakness in USD seen after the 25 Jan FOMC is now less justifiable after the strong non-farm payrolls report, according to Shahab Jalinoos, strategist at UBS. "If US employment data remain this strong going forward, ... read more
25 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/USD Adjusting Strongly Downwards

posted by Avatar portelo 117 days ago in USD, EUR, CAD, AUD made popular 117 days ago

On Friday Pound/Dollar continued climbing with 100 pips. The Cable appreciated from 1.5640 to 1.5745 on Friday, in line with the positive Interbank sentiment at almost +47%, closing the week at 1.5723. Today the British Pound is slightly adjusting, ... read more
27 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

UK Economy Contracts in 4Q, BOE Mixed on More QE GBP/USD Ready to Top Off?

posted by Avatar portelo 122 days ago in USD, GBP made popular 122 days ago

By Nick Nasad The UK economy met expectations and contracted in the fourth quarter. The drop in quarterly terms of 0.2% was a bit more than expected by economists (-0.1%) and did cause the pound to weaken against the US dollar and euro subsequently ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD Index Carves Out Higher Low, Sterling Approaching Resistance

posted by Avatar portelo 123 days ago in USD

... we may see the Fed talk up speculation for additional monetary support, but the rate decision could yield a bullish dollar reaction should the group raise its fundamental assessment for the world's largest economy. As the USD finds support around ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GBP/USD update (17th Jan 2012, 15:00)

posted by Avatar portelo 130 days ago in USD, GBP

However, investors remain wary of UK economic weakness as recent data has pointed to the high risk of a recession. Looking ahead to the rest of the week, UK labour market data tomorrow and retail sales figures on Friday could weigh on the pound further ... read more
40 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Daily Market Analysis: Currency Report

posted by Avatar portelo 130 days ago in EUR, Commentary made popular 130 days ago

GBP/USD: Tomorrow, the markets will be addressing the S&P downgrade of the European Emergency Fund, this was the other shoe dropping that was heard around the world today. With US markets closed, we should see lots of activity tomorrow. ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Gold Rebounds, Gains Momentum

posted by Avatar portelo 134 days ago in Commodities

In the long-term chart of gold from a non-USD perspective, we can see that prices are clearly back within the rising trend channel. The pattern here is very similar to what was seen in the middle of 2011 and suggests that a powerful rally without a ... read more