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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.

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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.

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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

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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.

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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

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EU Morning Report – Non Farm payrolls disappoint the markets

posted by topequitynews 719 days ago in Technical, Daily made popular 719 days ago

Markets on Friday had another down day due to the very disappointing Non Farm Payrolls report. The number was expected to show that the US created 523K jobs for the month of may, however the report only indicated that the US created just over 400

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Weekly Outlook – Fear Returns On Friday

posted by topequitynews 719 days ago in Technical, Daily

The Dollar spent the first part of the week on the back foot as risk appetite slowly picked up. Sentiment turned quickly on Friday however as the Dow Jones crashed over 300 points for its first weekly close under the 10000 mark for the first time

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European Market Update – 6/7/10

posted by topequitynews 719 days ago in Technical, Daily

Equities: Coupled with the sharp losses in Friday’s US session and today’s Asian session, European equities opened down by more than 1%. The decline are being linked to debt concerns in Hungary and disappointing...

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Find Out If It’s the Right Market For You!

posted by morgan 725 days ago in Special, Trading Psychology made popular 724 days ago

Being successful! Does that have anything to do with choosing a market to trade? I would maintain that it does. One of the Secrets To Success is to choose something that fitsYou.

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EUR/USD Hits Year Lows

posted by mountaindewd 725 days ago in EUR, Fundamental, Daily made popular 725 days ago

The Euro (EUR) broke through year lows at 1.2140 to test fresh lows before staging a solid recovery rally on the stock market gains at the start of the US session.

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Oil falls to $72 on dollar, awaits US inventories

posted by papsmir 725 days ago in USD, Oil made popular 725 days ago

Oil fell to $72 on Wednesday, extending a nearly 2 percent drop in the previous session on gains for the dollar and negative sentiment pervading financial markets.

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Current EUR/USD Rate By No Means Unusually Low

posted by lesz 725 days ago in USD, EUR made popular 725 days ago

He goes on to say that current rates are about the 10-year average and that the EUR is and will remain a strong currency. EUR/JPY has fallen back to 111.70 from its earlier highs at 112.50. Once again the Asian market lacks commitment to go on wi

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