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Canadian Natural Reports Q4

posted by whatadous 814 days ago in CAD made popular 814 days ago

Canadian Natural Resources CNQ reported fourth-quarter net earnings of CAD 455 million, a 74% drop from the same period a year ago. Despite higher oil prices, a variety of factors including lower natural gas sales, higher royalty and production e

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Gold To Soar Against Depreciating Currencies

posted by whatadous 814 days ago in EUR, GBP, Metals made popular 814 days ago

Precious metal hits record against Sterling and Euro as continuing financial crisis eviscerates value of paper money

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Gold Under Pressure as Dollar Gains

posted by whatadous 814 days ago in USD, EUR, Gold made popular 814 days ago

Gold is under slight pressure in early morning trade Thursday, as the U.S. dollar continues to drift higher against major currencies.

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Oil falls to near $80 after 2-day jump

posted by whatadous 814 days ago in USD, Oil made popular 814 days ago

Oil prices fell to near $80 a barrel Thursday in Asia after a two-day jump fueled by growing investor optimism that global crude demand is recovering.

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The Trader Advantage: Timing Market Swing Points

posted by whatadous 815 days ago in USD, Fundamental, Trade

Swing Coming On The Dollar Can you feel it? Can you hear it? Can you start to see it? If you have an ability to listen to the market, you will know that a swing change in sentiment is happening.

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Greece stabilized? If so, what next for euro? ECB rate cut?

posted by whatadous 815 days ago in EUR, Technical made popular 815 days ago

Some analysts have the view that if Greece is stabilized it will prove the euro has passed a major test, and lead to a fresh new rally against the US dollar.

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Pound Gains as UK Consumer Confidence Improves; Gilts Fall

posted by whatadous 815 days ago in USD, GBP made popular 815 days ago

The pound rose, snapping a six-day streak of declines against the dollar, as reports showed improving consumer confidence and demand at service industries, easing concern about Britain’s deficit.

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IMF sees dollar as overvalued

posted by whatadous 816 days ago in USD

The U.S. dollar is still somewhat overvalued, while the opposite is true of the Chinese currency, the International Monetary Fund has said in an assessment of Group of 20 economies.

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Krona hits 14-year high against pound

posted by whatadous 816 days ago in GBP made popular 816 days ago

Tourists from Sweden are set to benefit this spring as the krona continues to strengthen against major global currencies.

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Mixed picture for European house prices

posted by whatadous 816 days ago in EUR, Housing made popular 816 days ago

Property prices will continue to fall in vulnerable economies in Europe but other nations are showing signs of recovery, according to a report.

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RBA Hike Fails to Lift AUD & Waiting for the BoC

posted by whatadous 816 days ago in CAD, AUD made popular 816 days ago

Markets were quiet until Europe woke up, where we saw a steady unwind of risk. The EURUSD traded down to 1.3490 from 1.3560, while the GBPUSD fell to 1.4860 from 1.4960. While in the mid-term we are short risk right now these pairs are well overs

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Sterling panic = cage fight: market vs the state

posted by whatadous 816 days ago in USD, GBP, Technical made popular 816 days ago

Sterling plummets to $1.47. Cue orchestrated panic in sections of the press. Analysts bombard me with e-mails saying the currency is "facing the abyss". Highly paid economists weigh in to remind the government - current and incoming - to slash th

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