FreshPips.com / User / hachibi / Submitted

Debt misery helps gussy up gold's appeal

posted by hachibi 757 days ago in EUR, Trade made popular 757 days ago

As debt problems in Europe intensify, gold's ready to fly to investors' rescue, but in a world of uncertainty, those investors want to know if they can safely put their trust in expectations for a significant climb in the metal's prices.

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NZ dollar ends near session high

posted by hachibi 758 days ago in NZD made popular 757 days ago

The New Zealand dollar consolidated in a narrow range at higher levels in quiet trading today.

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Euro Sales Extend as Morgan Stanley Mulls EU Breakup

posted by hachibi 758 days ago in EUR

Investors are abandoning the euro at a rate not seen since the collapse of Lehman Brothers Holdings Inc. as Europe’s worsening fiscal crisis threatens to splinter the 16-nation currency union.

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Rising wholesale prices flag inflation risks

posted by hachibi 761 days ago in AUD, GDP, Inflation made popular 761 days ago

WHOLESALE prices rose strongly in the first quarter, sending a warning on inflationary risks in an economy now recovering strongly. Producer prices rose 1 per cent in the first quarter of 2010 from the fourth quarter 2009, the Australian Bureau o

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USD Strength Grows as Carry Trade Profits Evaporate on Rates

posted by hachibi 762 days ago in USD, Inflation made popular 762 days ago

Foreign-exchange profits from carry trades are disappearing as differences in central bank interest rates fail to increase fast enough to compensate for swings in currency rates.

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USD Drops for First Time in Four Days

posted by hachibi 762 days ago in USD made popular 762 days ago

Friday saw the US dollar drop against the euro for the first time in four days after Greece made a formal request to tap the 45 billion euro rescue package offered by the European Union and the International Monetary Fund a short time ago. It had

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Gold imports rose to 27.8 tonne in March 2010

posted by hachibi 763 days ago in Gold, Metals made popular 762 days ago

Gold imports in March stood at 27.8 tonne compared to nil in the same month last year as demand rose due to decline in prices to Rs 16,000 level from the peak of Rs 18,500 per 10 grams in December 2009.

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Oil Prices Climb As US New Home Sales Jump 27% In March

posted by hachibi 763 days ago in USD, Oil, Housing made popular 763 days ago

Oil prices rose during the week as the flight ban that was imposed over most of Europe’s airspace for nearly a week was lifted and the US dollar declined against the euro on Greece’s decision to ask the European Union and the International Moneta

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JPY Crosses Steady As Tokyo Goes To Lunch

posted by hachibi 766 days ago in JPY made popular 766 days ago

I really don’t think that the Tokyo market traders deserve a 90 minute lunch break after a very quiet session but perhaps the equity guys were a bit busier. I’m going to take advantage of the quiet FX trade to pop out for a quick sandwich. I bet

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Oil prices sink to three-week low

posted by hachibi 768 days ago in USD, Oil made popular 768 days ago

Oil prices sank to a three-week low of below $82 a barrel today, extending the previous session's fall of 2.7 per cent, as risk appetite soured across the board after investment bank Goldman Sachs was charged with fraud.

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Mixed day for jobseekers as 360 posts created but 116 axed

posted by hachibi 771 days ago in EUR, Employment made popular 770 days ago

There was mixed news on the employment front yesterday with 360 new jobs announced around the country. But this was offset by the loss of 116 jobs.

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Market Report – 15 April 2010

posted by hachibi 772 days ago in USD, EUR, Daily

Yesterday, the Euro was able to extend its gains against the USD following the proposed bailout plan for Greece. After dovish comments from the Fed Chairman regarding the prospects of a US interest rate hike, the Euro shot up against the Dollar.

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