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Euro's Slide Puts Focus on Currency ETFs

posted by victoryismine 816 days ago in EUR, Technical made popular 816 days ago

The euro’s 6.8 percent slide since concern over Greece’s solvency grew to a fevered pitch in mid-January has put sharper focus on exchange-traded products, especially the CurrencyShares Euro Trust (NYSEArca: FXE), as investors look for ways to pr

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Heating Oil Price Trend for March 2: -1c

posted by victoryismine 816 days ago in USD, Sentiment, Oil made popular 816 days ago

Oil prices dipped yesterday as the dollar gained value. A strong dollar reduces oil’s appeal as a hedge against inflation, and makes dollar-priced commodities (like crude oil and heating oil futures) more expensive for traders who hold other curr

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Euro falling to real value: IMF

posted by victoryismine 816 days ago in EUR made popular 816 days ago

The euro's recent decline on the foreign exchange markets is taking the European shared currency toward its real value, the International Monetary Fund said Monday.

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GBP Falls a Sixth Day Vs USD, CAD Gains

posted by victoryismine 816 days ago in USD, GBP, CAD made popular 816 days ago

The pound fell for a sixth day versus the dollar, its longest run of declines in more than 16 months, amid concern Britons may fail to elect a government with a large enough majority to cut the country’s deficit.

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Copper falls on dollar strength

posted by victoryismine 816 days ago in USD, Metals made popular 816 days ago

MCX Copper Apr contract opened down at 338.18 per kg vs. previous close of 339.2 and made an intraday high at 338.7 and fell as dollar became stronger against major currencies.

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CHF Weekly Commentary 02/26/10

posted by victoryismine 817 days ago in CHF, Weekly made popular 817 days ago

The Swiss franc ended the week up 0.2% against the USD thanks to a slide in the US currency at the end of the week, a repeat of last week's price action, on the promise of a Greek bailout package from the EU and or Germany ahead of next week's ex

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British pound in deep hole against dollar

posted by victoryismine 817 days ago in USD, GBP made popular 817 days ago

The pound dollar exchange rate is plunging to new depths as the markets select only the bad economic news.

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Loonie Strengthens Against Majors

posted by victoryismine 817 days ago in CAD made popular 817 days ago

The loonie strengthened against major currencies during early North American deals on Monday, on the back of an encouraging economic reports. The loonie advanced to 4-day highs versus the aussie and the yen and 6-day highs against the greenback a

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Dollar extends gains vs. majors

posted by victoryismine 817 days ago in USD, EUR, GDP made popular 817 days ago

Investors are patiently waiting for the jobs report that is to be released from the U.S. economy this week, sinceit will help us determine the current job conditions in the economy.

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Oil Falls Most in Three Weeks on Jobs, Manufacturing Reports

posted by victoryismine 821 days ago in USD, Oil, Manufacturing made popular 821 days ago

Crude oil fell the most in three weeks as U.S. jobless claims and manufacturing orders trailed forecasts, stirring concern that the global economic recovery may falter and crimp energy-demand growth.

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Oil falls $2 on recovery concerns

posted by victoryismine 821 days ago in USD, Oil, Employment made popular 821 days ago

Oil fell by around $2 per barrel on Thursday to below $78, dragged lower by concerns over the outlook for the European economy and about the pace of U.S. recovery after a surprise jump in U.S. unemployment.

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CAD Drops to Two-Week Low on Global Economic View

posted by victoryismine 821 days ago in USD, CAD, Oil made popular 821 days ago

Canada’s dollar fell along with other commodity-linked currencies as concern the global economic rebound is faltering drove investors to the perceived safety of the U.S. currency and yen.

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