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gold silver weekly review
In New York, gold slipped, cutting short a three-day rally on the back of stronger dollar valuation and positive US macroeconomic data. Gold for April delivery fell USD 9.90 to USD 1776.40 an ounce on the Comex division of the NYMEX late yesterday.
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Canadian Dollar Strengthens as Investor Appetite for Risk Grows
There has been a nice little pickup for the Canadian dollar as markets are certainly more upbeat, said Blake Jespersen, director of foreign exchange in Toronto at Bank of Montreal. The US data is continuing to surprise in many aspects, ...
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Euro Trades Quietly Against Dollar Ahead Of The London Session
The euro was unable to make any significant headway against the US dollar ahead of the London session on Thursday despite some positive global cues that were supportive for risk-rally. Yesterday's manufacturing data from China, ...
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Market Outlook for January 20, 2012
The better than expected bond auction results in Europe, good economic data in the US and a broad weakening of the USD overnight have help to support the gold price and saw it briefly attempt to break above resistance at $1667. Gold continues to look ...
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EUR/USD reverses heavy losses from Fitch comments
The euro was up against the pound and also against the yen, with EUR/GBP gaining 0.08% to 0.8296 and EUR/JPY rising 0.14% at 97.79. Later Thursday, New Zealand will release data on house price inflation. The UK is to release an official report on ...
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Australia: Nov Trade Surplus narrows to A$1.38bn from $1.42bn
However, given the relatively strong AUD, this sector has struggled for most of 2011. In seasonally adjusted terms, travel was down 3%m/m. A 4% decline in transport and an 8% fall in passenger transport were also in part responsible for softness here. ...
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Other Dollars trade in a Vacuum
The CAD had started this year on a constructive note yesterday, climbing to its strongest level against its larger neighbor and biggest trading partner, the US, in nearly four-weeks, as rising oil prices and stronger than expected global economic data ...
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EUR/USD Forecast January 5, 2012, Fundamental Analysis
The focus today will turn to the United states, which is to release the closely watched ADP employment report, with expectations the private sector could have added 175 thousands additional job in December. The focus then will turn to the ISM ...
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Germany's ILO Employment Maintained Upward Trend In November
Chris: I still like Sean's idea of shorting the EUR/USD on any rally of 200 pips. The low of 1.28570 was made... Garrett: Long USD/CAD Short EUR/USD At current prices with small positions and tight stops. TanForex: My chart indicates that Sean's ...
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China-Japan Currency Deal Points Way to a New World Monetary Order: View
The risk for the US, if the yuan strengthened abruptly, would be higher interest rates and inflation, reflecting the shift by investors away from the dollar to the yuan, and the steeper cost of Chinese goods. The risk for China would be a too-sudden ...
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Rupee may trade in 52.55-53 range: Karvy Stock Broking
... increased India's 10 year yields closed higher last trading session, they finally ended at 8.33% higher by 2 bps In the domestic currency markets the rupee pared losses against the GBP, Euro and Yen by 0.36, 0.46 and 0.41 percent respectively. ...
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EUR/GBP Pushes Higher But Upside Limited
Elsewhere, the euro was lower against the US dollar, with EUR/USD slipping 0.13% to hit 1.3024. Also Monday, a report by the UK's largest property website Rightmove showed that house price inflation fell 2.7% in December after a 3.1% decline the ...


