FreshPips.com / User / annie / Voted

USD slips following strong Chinese trade data

posted by jasumine 716 days ago in USD, Trade made popular 716 days ago

The dollar slipped Thursday as news of booming Chinese exports and improvement in U.S. jobless claims provided relief from nagging fears about the global economy.

Discuss

Gold rebounds after 1% drop

posted by sora 716 days ago in USD, Gold made popular 716 days ago

Gold rebounded on short covering on Friday after falling around 1 percent in the previous session, while a rise in ETF holdings to another record showed bullion still attracted buying from investors.

Discuss

EUR/USD Holds Up In Asia

posted by megumi 716 days ago in USD, EUR made popular 716 days ago

I left for 7 hours kip with EUR/USD at 1.2115 and that’s where I find it now, with Asian trade confined to a fairly narrow 1.2094-1.2148 range. Well it’s Friday, which has tended to be risk-off Friday of late if my memory serves me correctly. Wi

Discuss

Trade deficit rises, demand for exports slips

posted by camac 716 days ago in USD, Trade made popular 716 days ago

The U.S. trade deficit rose to the highest level in 16 months as exports fell for the second time in three months, a potentially worrisome sign that Europe's debt troubles are beginning to crimp American manufacturers.

Discuss

Gold, Dollar Will Falter

posted by fahrell 716 days ago in USD, Gold made popular 716 days ago

The U.S. dollar and gold will both falter as risk aversion trades start to come off, believes Jonathan Barratt, MD of Commodity Broking Services. He shares his outlook, with Greg Canavan, editor of Sound Money, Sound Investments and CNBC's Oriel

Discuss

Oil prices settle above $75 a barrel

posted by mateo 716 days ago in USD, Oil made popular 716 days ago

Oil prices topped $75 a barrel yesterday following reports that China’s economy is still booming and US jobless claims fell. Motorists found pump prices lower again, as retail gasoline prices continued to slide across much of the country.

Discuss

US And China Again On Collision Course Over Yuan

posted by vhinz316 716 days ago in USD, JPY made popular 716 days ago

Pretty quiet session in which we saw an early move higher in EUR/JPY and stops getting tripped in USD/JPY before consolidation set in. Sentiment is generally more positive although the prospect of the US branding China a currency manipulator has

Discuss

Crude Oil Snaps 3 Days of Gains on Concern China Growth

posted by sassy 716 days ago in Oil, Consumer made popular 716 days ago

Crude oil fell, snapping three days of gains, on concern the economic recovery in China may slow and curb demand from the world’s second-largest energy consumer.

Discuss

Bank of England holds interest rates at record low

posted by princess 716 days ago in GBP, Inflation made popular 716 days ago

The Bank of England made no comment on its decision to hold interest rates at a record low of 0.5 per cent but it is fair to assume that it sees the outlook for the economy as finely balanced.

Discuss

Gold rebounds after 1 percent drop

posted by posh 716 days ago in Gold made popular 716 days ago

Gold rebounded on short covering on Friday after falling around 1 percent in the previous session, while a rise in ETF holdings to another record showed bullion still attracted buying from investors.

Discuss

Unemployment fall puts pressure on rates

posted by Nica 716 days ago in AUD, Employment made popular 716 days ago

A sharper than expected fall in unemployment could pressure the RBA to increase rates at its next meeting.

Discuss

Aussie, Kiwi Dollars Poised for Weekly Gain on Job Gains

posted by mintchocolate 716 days ago in AUD, NZD, Employment made popular 716 days ago

The Australian and New Zealand dollars headed for their best weekly gains in at least five months as mounting signs of recovery in Asia encouraged investors to seek higher-yielding assets.

Discuss