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Euro recovers, oil gains as Greek aid deal looms

posted by jerome 758 days ago in EUR, Oil made popular 757 days ago

Global markets staged a relief rally yesterday as Greece's move to enact severe austerity measures to secure an aid package eased fears that the debt crisis will spread across Europe, driving up the euro and fuelling a more than one per cent rise

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Gold steady on resolution hopes for euro zone

posted by jerome 758 days ago in EUR, Gold

Gold edged up on Thursday, following a surge in the previous session to its highest this year as a knee-jerk reaction to rising concerns about European sovereign debt gave way to hope a resolution may soon be reached.

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USD, Euro Down Vs Yen On Disorderly Tokyo Stocks

posted by jerome 761 days ago in USD, EUR

The dollar and euro ticked down against the yen in Asia Tuesday as disorderly Tokyo share price moves prompted non-Japanese hedge funds to buy the safe-haven yen, while Japanese exporters sold the two units for their month-end settlement.

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House price recovery set to continue

posted by jerome 761 days ago in GBP, Housing made popular 761 days ago

ECONOMISTS are awaiting the latest data on house prices from Nationwide due this Thursday after property data company Hometrack yesterday said prices in England and Wales rose by an annual 1.8 per cent in April – their fastest pace of increase si

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(26/04) Copper Prices and the Currency Effect

posted by jerome 762 days ago in USD, Metals, Consumer

As discussed in "Impact of Global Economic Recovery and Chinese Growth on Copper," the recent gains in copper prices have been underpinned by the broader global recovery, as well as the continued fiscal growth of the world’s number one copper con

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Forex Weekly Trading Forecast - 04.26.10

posted by jerome 762 days ago in USD, Fundamental, Weekly made popular 762 days ago

Dollar bulls seem to enjoy a bit of schadenfreude. While the financial markets are under strain and the risk of a full blown crisis is at its peak, the benchmark currency shines for its safe haven properties. Without this background preoccupation

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Euro drops to near 1-yr low vs dlr on Greece downgrade

posted by jerome 762 days ago in USD, EUR made popular 762 days ago

he euro plunged to its lowest level since May against the U.S. dollar on Thursday after Moody’s cut Greece’s sovereign rating by a notch

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USD Closes Week Higher Despite Volatile Euro

posted by jerome 763 days ago in USD, EUR, Weekly made popular 762 days ago

The U.S. Dollar finished the week higher despite volatile trading action in the Euro. The Greenback closed decisively higher against the Euro, Swiss Franc and Japanese Yen while ending up lower against the New Zealand Dollar. The Dollar ended up

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The euro is rapidly turning into the drachma

posted by jerome 763 days ago in EUR made popular 763 days ago

Goldman Sachs must have been thanking the Gods for the Greek bond crisis this week (in fact, I was quite surprised that no one blamed Goldman for it). Tales of calamity in the eurozone were the only thing keeping the uber-investment bank from hog

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House prices tumble by 6%

posted by jerome 766 days ago in GBP, Housing

HOUSE prices in the north-east fell 6% in the first three months of the year, according to new figures released yesterday.

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What Gives A Calendar Of Forex News To The Usual Trader?

posted by jerome 766 days ago in Special, Trading Psychology made popular 766 days ago

The calendar of forex news is the important and necessary element in the global currency market. The calendar of forex news is necessary, as activity in the market represents original game in which huge means are involved and the information fact

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USD edges up on euro to $1.3454

posted by jerome 768 days ago in USD, EUR

The euro has dipped against the U.S. dollar in early trading, as markets wait for midweek talks on the Greek bailout.

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