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Euro continues to fall

posted by camac 755 days ago in EUR, Trade

The euro fell this morning, resuming its slide towards recent one-year lows, as fiscal worries about the broader euro zone returned and the initial relief from a bailout package for debt-stricken Greece fizzled out.

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Gold and Commodities On the Verge of an Inflationary Surge

posted by camac 755 days ago in USD, Inflation, Housing made popular 755 days ago

There is a price that will have to be paid for this madness. Just like there was a price we had to pay for Greenspan's reckless attempt to avoid a recession when the tech bubble burst. Greenspan certainly bought some time and a brief period of il

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US dollar decoupling from gold

posted by camac 757 days ago in USD, Gold made popular 757 days ago

Those that follow the gold and currency markets know that the price of bullion and the U.S. dollar typically move in opposite directions. However, this negative correlation can turn positive from time to time and is happening now.

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NZD Sinks as RBNZ Interest Rate Hike Outlook Sours

posted by camac 758 days ago in NZD made popular 758 days ago

The New Zealand Dollar tracked lower after the central bank took a dovish turn with its interest rate announcement, pushing back the timing and scale of monetary tightening.

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Checking Yen’s Rise Should Be Considered Part Of BOJ Policy

posted by camac 761 days ago in USD, JPY made popular 761 days ago

USD/JPY touch firmer in early European trade, presently at 94.00 from around 93.80 a couple of hours ago. Sell orders still being noted at 94.50 up through 94.80.

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Kiwi Set to Reach 19-Month High vs Yen

posted by camac 761 days ago in JPY, NZD, Technical made popular 761 days ago

New Zealand’s dollar may rise to a 19-month high against the yen after breaking through a key level of so-called resistance last week, Gaitame.Com Research Institute Ltd. said, citing trading patterns.

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Oil Price Over $100 Damaging

posted by camac 762 days ago in USD, Oil made popular 760 days ago

OPEC would pump more oil to prevent a rally in oil prices above $100 from hurting the global economic recovery, Kuwait’s oil minister said on Sunday. Oil is well below the $100 a barrel mark, settling at just over $85 a barrel on Friday. For a mo

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UK house prices up in April

posted by camac 762 days ago in GBP, Housing made popular 762 days ago

House prices in England and Wales rose by an annual 1.8 percent in April, their fastest pace of increase since January 2008, property data company Hometrack said on Monday.

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Signs of Economic Recovery in US Support Dollar

posted by camac 762 days ago in USD, Housing, Manufacturing made popular 762 days ago

The U.S. dollar rose today, leaving its Canadian counterpart below the parity level, after the government reported about the March increase in the sales of the new houses and the orders for the manufactured durable goods.

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Sterling Bank looks to female market

posted by camac 762 days ago in GBP

STERLING Bank of Asia said it is setting its sights on the female market to expand its consumer loan portfolio this year. In a statement, Josefina Natividad, the bank’s senior vice president and consumer lending head, said its consumer loan portf

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Extreme Positioning in GBP May Signal Upside Ahead

posted by camac 762 days ago in GBP made popular 762 days ago

Released each week by the CFTC, the Commitments of Traders (COT) report offers investors a bird's eye view as to which futures markets are overbought, which markets are oversold and those markets that fall somewhere in between.

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Euro risk losing long-term friends

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

Failure to stem investor concern about Greece’s ability to repay debt risks making outflows from European stocks and the euro disorderly, and would scare away even long-term supporters such as reserve managers.

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