FreshPips.com / User / hachibi / Submitted

Forex Daily Outlook

posted by hachibi 776 days ago in EUR, GBP, Technical made popular 776 days ago

Big news over the weekend, the plan to save Greece has finally come in the form of money – a 61 billion dollar pledge in 3 year bonds from EZ and another 20 billion dollars from the IMF. This has shaken up the markets and the dollar lost ground a

Discuss

Euro claws back above $1.34

posted by hachibi 778 days ago in EUR made popular 778 days ago

The euro rose above $1.34 on Friday, after European Central Bank chief Jean-Claude Trichet said the EU plan to rescue Greece can work, but analysts warned the unit could face fresh falls.

Discuss

Day Trading Economic News Analysis: April 8, 2010

posted by hachibi 779 days ago in USD, EUR, Daily

We mentioned yesterday that there will be resistance around Tuesday’s previous high of 1192. The S&P 500 only reached a high of 1190 before being consumed with the consumer credit report declining $11.5 billion in February. The S&P 500 settled at

Discuss

Gold Hits Three Month High

posted by hachibi 780 days ago in USD, Gold, Metals made popular 780 days ago

Gold in US trading rose to its highest level since January on Wednesday, rising toward US$1,150 an ounce, as renewed worries over Greece's ability to resolve its debt crisis prompted investors to pile into the metal as a safe haven.

Discuss

Home owners' equity is still increasing

posted by hachibi 781 days ago in GBP, Housing

UK homeowners increased the value of their stake in their properties by £22.3bn last year, Bank of England figures show.

Discuss

Interest Rate Hike Impact on Bond and Equity Markets

posted by hachibi 783 days ago in USD, Inflation made popular 783 days ago

The economy and the markets have been gaining ground, aided by a slew of governmental policies. The lax monetary policy won’t last forever and a rising interest rates will deal a blow to the bond market, but will it also deal a blow to stocks and

Discuss

Speculators raise US dollar longs in latest week-CFTC

posted by hachibi 784 days ago in USD, Weekly made popular 782 days ago

Currency speculators increased their bets on the U.S. dollar in the latest week.

Discuss

Is Forex easier to predict than the Stock Market?

posted by hachibi 785 days ago in Special, Trading Psychology made popular 782 days ago

It is not possible to predict the Forex market with ANY degree of accuracy since it is a “zero-sum” game driven by demand and by politics, neither of which can be forecast.

Discuss

Essential Info About Markets Consolidation

posted by hachibi 785 days ago in USD, JPY

Forex market is very volatile and can move quickly and unexpectedly. But sometimes market can take a rest, or someone would say the market is sleeping, which means it is consolidating, accumulating or moving sideways. Why does this happen to mark

Discuss

UK house prices rise in March

posted by hachibi 785 days ago in GBP, Inflation, Housing made popular 785 days ago

A recent report has stated that UK House prices have raised by more than 0.7 % (£3,000), while updates forecasts show that annual property inflation is due to slow down from the current rate of 9%. The increase more or less cancels the 0.8% fall

Discuss

USD/CHF tests 1.0570 resistance

posted by hachibi 786 days ago in USD, CHF

The swiss Franc is trading on consolidation path after yesterday SNB intervention. The bank took the USD/CHF from 1.0433, lowest level since January 26th, to reach 1.0611 in minutes.

Discuss

Global oil prices to reach over USD 90 pb

posted by hachibi 791 days ago in USD, Oil made popular 791 days ago

An Omani economist predicted on Saturday that global oil prices will reach more than USD 90 per barrel (pb) by the end of 2010, as the current prices are good for producers.
Oil expert Dr. Juma bin Saleh Al-Ghilani told Kuwait News Agency (KUNA)

Discuss