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Central Banks Still Significant Buyers On Gold Dip

posted by Avatar Leong 2 days ago in USD, EUR, JPY, GBP, CAD, AUD

By Mark O`byrne Gold's London AM fix this morning was USD 1558.50, EUR 1239.27, and GBP 993.62 per ounce. Yesterday's AM fix this morning was USD 1555.00, EUR 1229.44, and GBP 989.56 per ounce. Silver is trading at $28.12/oz, 22.46/oz and 18.01/oz. read more
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FxPro Daily Forex Brief | Europe’s impossible dream

posted by Avatar forextrader2011 2 days ago in Daily made popular 2 days ago

EU Pre-Summit | European Bond-Bifurcation | Horrible Japanese Mess | Even Lower Lows For AUD read more
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Euro shaky on Greece exit fear, near 22-month low

posted by Avatar czarinacleopatra 2 days ago in all made popular 2 days ago

Against a basket of major currencies, the dollar stood at 82.086 . That was close to a peak of 82.221 hit on Wednesday, the dollar's highest level since September 2010. The dollar held steady against the yen at 79.50 yen. Data showing that China's ... read more
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Euro/USD Declined Again on Wednesday –Daily Recap May 23

posted by Avatar lchammer 3 days ago in USD, EUR, JPY made popular 3 days ago

The Euro/USD continued its downward trend and tumbled down during yesterday’s trading. The recent EU Summit didn’t help rally the Euro. Furthermore, the Aussie dollar and other currencies such as the GBP also depreciated against the USD. The safe read more
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EUR/CHF Forecast May 24, 2012, Technical Analysis

posted by Avatar FXEmpire 3 days ago in EUR, CHF, Technical made popular 2 days ago

The EUR/CHF pair continued to sit still during the Wednesday session as the floor put in the pair by the Swiss National Bank at the 1.20 level continues to hold. This market is a buy only one because of this, and as a result it is basically dead read more
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AUD/USD Forecast May 24, 2012, Technical Analysis

posted by Avatar FXEmpire 3 days ago in USD, AUD, Technical made popular 2 days ago

The AUD/USD pair fell hard for most of the session as the “risk off” trade was the main theme for the day. However, in the late hours the Americans decided to take the words of the French and Italians as a sign that Eurobonds are coming. This is read more
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Gold Fundamental Analysis May 24, 2012, Forecast

posted by Avatar FXEmpire 3 days ago in Fundamental, Daily, Gold made popular 3 days ago

Analysis and Recommendations:

Gold plummeted today, dropping by 37.25 to change hands at 1539.35.

Gold retreated for a secon... read more
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Australian Stock Market Report Midday 5/24/2012

posted by Avatar yosoybeloved 3 days ago in USD, EUR, JPY, CAD, AUD, Commodities made popular 3 days ago

Metal prices on the London Metals Exchange (LME) fell dramatically with copper touching a new 4 month low, but today our leading miners are higher in early trade. Big name miners; Rio Tinto Limited's (RIO) added 0.09% to $56.33 as BHP Billiton Limited ... read more
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Indian Market Trend Today

posted by Avatar commodity007 3 days ago in Technical made popular 3 days ago

Indian Market Trend Today :- Market strength have returned due to News of increase in Petrol prices However decline in international Markets and continued weakness in rupee is pressure on Indian Market. Today Sensex up 86 points to open at 16 034 read more
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EU Summit Fails to Provide Answers

posted by Avatar FXTimes 3 days ago in EUR, Fundamental, Daily made popular 3 days ago

The markets did not get any reason for hope out of the EU summit. Agreement on the significance of having more concrete decision during the official summit in June sounds like “kicking the can down the road” as Jamie Coleman from Forexlive put it read more
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AUD/USD finds ground at fresh 2012 lows below 0.9700

posted by Avatar Leong 3 days ago in AUD, Commodities made popular 3 days ago

Gold had a round trip move 30 bucks lower to $1533, just to sit at the same place it started before the fall, last at $1562. Same with gold happened to US equities, SP500 visiting near Friday lows, like 7 points above, but bouncing strong right ... read more
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NZD/USD edges higher on mild profit taking

posted by Avatar dennis 3 days ago in NZD made popular 3 days ago

Dealers report some modest demand for NZD/USD this morning and that is washing over into the AUD/USD and EUR/USD, which are edging higher alongside. There is some modest resistance nearby in the NZD/USD at .7525 and initial support is at the overnight ... read more