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Oil prices slip on US growth worries

posted by Avatar mateo 715 days ago in USD, Oil, Retail Sales made popular 715 days ago

Oil prices retreated on Friday after a plunge in US retail sales triggered fears about the pace of economic recovery in the world's largest energy-consuming nation  read more
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US Dollar even as euro rally stalls

posted by Avatar erzon 715 days ago in USD made popular 715 days ago

The US dollar limited recent losses against the euro on Friday, pausing a three-day rise for the single currency. The euro traded at $US1.2112 by 2300 GMT (0900 AEST) in New York trade, the same level as a day before.  read more
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$80 oil price 'is good for investment'

posted by Avatar neorix 715 days ago in USD, Oil made popular 715 days ago

A price range for oil of $70-80 per barrel was acceptable and good for maintaining investments, he said on the sidelines of a conference in Beijing yesterday, adding that oil prices were reacting to other factors such as euro zone financial troub  read more
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Oil ends down after U.S., China data disappoint

posted by Avatar Sissie 715 days ago in USD, Oil made popular 715 days ago

U.S. oil prices fell more than 2 percent on Friday as an unexpected fall in May retail sales in the United States and easing industrial output in China revived concerns about the economy and oil demand.  read more
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Australian dollar back above US85c

posted by Avatar Pete 715 days ago in USD, AUD made popular 715 days ago

US retail sales data for May showed a 1.2 per cent decline. Economists had predicted a 0.2 per cent increase. The drop was the biggest -- and the first -- since September 2009, when sales fell 2.2 per cent.  read more
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Oil Spill: Gas Prices and Supply vs Demand

posted by Avatar Reno 715 days ago in Oil made popular 715 days ago

We all know that oil is a non-renewable resource, but as we watch hundreds of thousands of gallons of oil being spilled into the gulf, it begs the question: how is it not affecting our gas prices?  read more
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Dollar up vs yen on consumer data; euro fizzles

posted by Avatar friendlydude 715 days ago in USD, EUR, JPY made popular 715 days ago

The dollar rose against the yen on Friday as data showing an improvement in US consumer sentiment in June offset weaker-than-expected May retail sales, reassuring some investors about state of the economy.  read more
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Australian unemployment falls

posted by Avatar annie 716 days ago in AUD, Employment made popular 715 days ago

Australia’s unemployment rate fell to 5.2% in May as full time employment increased for the ninth straight month, according to the Australian Bureau of Statistics. The number of people in jobs increased by almost 30,000 in May, with more than 11m  read more
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Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)

posted by Avatar Precisetrader 716 days ago in Technical, Daily made popular 716 days ago

EURUSD closed @ 12125 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Tgt 3 and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish but Weak and  read more
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Euro Down Vs Dollar; May Rise Above Key Level Soon

posted by Avatar hinata 716 days ago in EUR made popular 716 days ago

The euro fell against the dollar in Asia Friday, as investors adjusted their currency balances to prepare for a rise in the pair later in the global day on the view that Chinese economic data will provide a tailwind for European and U.S. share ma  read more
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USD rebounds in Asia ahead of data

posted by Avatar jerome 716 days ago in USD made popular 716 days ago

The dollar rebounded in Asian trade Friday ahead of a fresh batch of US data later in the day and following robust Chinese data that lifted investor confidence in the global economic recovery.  read more
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Gold rebounds after 1 pct drop, equity gains may weigh

posted by Avatar Binsonu 716 days ago in USD, Gold made popular 716 days ago

Gold rebounded on short covering on Friday after falling around 1 percent in the previous session, while a rise in ETF holdings to another record showed bullion still attracted buying from investors.  read more