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GBP and Euro continue their slide as austerity bites

posted by camac 744 days ago in EUR, GBP made popular 744 days ago

Austerity measures seem to be all the rage at the moment with Portugal, following its neighbour Spain in announcing fresh tax rises in response to the country’s worsening fiscal plight. This fiscal tightening across a large part of the Euro zone

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Weekly Gold Report 5/13

posted by camac 744 days ago in USD, Weekly, Gold made popular 744 days ago

So far this week Gold has covered a $64.80 range with a low of $1184.40 ( Monday 5/10) and a high of $1249.20 (Wednesday 5/12). This latest rally has been fueled by the uncertainty of the debt crisis rescue package implemented in the Euro Region.

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Gold slips on profit-booking

posted by camac 745 days ago in USD, Gold made popular 745 days ago

Gold prices fell by Rs 118 or 0.55 per cent to Rs 18,201 per ten gram at the futures market on Thursday on profit-booking by speculators at prevailing levels amid weak trend in the Asian trade.

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AUD Rises After Employment Report; N.Z.’s Climbs

posted by camac 745 days ago in AUD, Employment made popular 745 days ago

Australia’s dollar rose, ending a two-day drop, after a report showed employers added jobs for the seventh time in eight months.

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Japan Average Regular Gasoline Price Up 10th Week In Row

posted by camac 746 days ago in USD, JPY, Oil made popular 746 days ago

The average price of regular gasoline in Japan this week rose to Y139.0 ($1.50) per liter, or $5.70 per gallon, from Y138.7 last week, posting the 10th weekly rise in a row, according to data released by the Oil Information Center on Wednesday.

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NZ dollar slides vs pound on new UK government

posted by camac 746 days ago in NZD made popular 746 days ago

The New Zealand dollar slid 1.4% against the pound after Gordon Brown stepped down as Prime Minister, and paved the way for a Conservative-led government for the world’s sixth largest economy.

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Fatal Errors Novice Traders Make and Lose

posted by camac 749 days ago in Trading Psychology made popular 749 days ago

There are essentially two fatal errors most novice traders make and they wipe them out but they don't of course need to make them, just be aware of them and avoid them - here they are...

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Fibonacci Forex Trading

posted by camac 749 days ago in Special made popular 749 days ago

How to make money in Foreign Currencies using Fibonacci Retracements and Fibonacci Profit Targets

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Euro leaders take on the markets

posted by camac 750 days ago in EUR made popular 749 days ago

It is a tricky question after the financial crash of 2008 and the revelation of Greece's long-running fiscal dishonesty last year. But the question lay at the heart of the eurozone's summit that lasted into the early hours of Saturday, as leaders

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Crude Oil Follows Euro Lower

posted by camac 750 days ago in EUR, Oil made popular 750 days ago

Crude oil prices have been sinking this week with the plunge in the Euro resulting from serious concerns over the credit worthiness of major European economies including Greece, Spain, and most recently, Portugal.

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US job growth best for four years

posted by camac 750 days ago in USD, Employment

U.S. employment grew at the fastest pace in four years in April as private sector businesses ramped up hiring, showing the labour market recovery picking up steam.

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Another Rumour And Talk Of Notable Buyer In EUR/USD

posted by camac 751 days ago in USD, EUR

Rumour ECB has been buying EUR/JPY this morning. Take it for what you will. I’m sceptical. Also talk a US investment bank in the news alot these days has been very aggressive buyer of EUR/USD in recent trade.

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