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Corn, Soybeans Drop, Reversing Gains, as Dollar Strengthens

posted by fahrell 755 days ago in USD, Agriculture

Corn, soybeans and wheat declined, reversing earlier gains, as the dollar strengthened against a basket of six major currencies.

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House prices will increase by 5%

posted by fahrell 755 days ago in GBP, Housing made popular 755 days ago

The centre for economics and business research (cebr) said a combination of low mortgage rates and a shortage of new homes being built would push up house prices by 5.3% during the year to average £172,500.

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Swiss KOF indicator hits 2-1/2-year high in April

posted by fahrell 757 days ago in CHF, GDP made popular 757 days ago

Switzerland's leading growth
barometer surged to a two-and-a-half year high in April, beating
analysts' expectations and further highlighting the strength of
its economic recovery.

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Annual house price growth moves into double figures

posted by fahrell 758 days ago in GBP, Housing made popular 757 days ago

House prices increased by 1.0% month on-month in April, Nationwide reports, with the annual rate of price inflation moves into double digits for first time since June 2007.

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GBP struggles vs dollar, stung by vote uncertainty

posted by fahrell 758 days ago in GBP made popular 758 days ago

Sterling struggled near a four-week low versus the dollar on Thursday as signs that a UK general election may result in a hung parliament heightened uncertainty about who will form Britain's next government.

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Euro slips as traders unconvinced by Greek plan

posted by fahrell 761 days ago in EUR

The European single currency fell against the dollar on Monday as traders were unconvinced by a multi-billion-dollar Greek rescue package from the European Union and the International Monetary Fund.

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USD Will Gain on Turnaround in Investor Sentiment

posted by fahrell 761 days ago in USD, Sentiment made popular 761 days ago

The dollar will strengthen more than the euro, yen and pound as it undergoes a “once-in-a- decade” shift and becomes identified with higher-yielding assets as the U.S. economy improves, according to UBS AG.

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U.S cheerful data boosts demand on the Dollar

posted by fahrell 762 days ago in USD made popular 762 days ago

The U.S. economy presented cheerful news about inflation, housing and labor conditions in the country where inflation remains subdued and below the Fed target rate according to the PPI index that was released today, moreover the housing data show

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Weather delays gulf oil clean-up

posted by fahrell 762 days ago in Oil made popular 762 days ago

STORMY weather delayed weekend efforts to mop up leaking oil from a damaged undersea well after the explosion and sinking of a massive rig in the Gulf of Mexico that left 11 workers missing and presumed dead.

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Forex Trading Charts - Do you need them?

posted by fahrell 762 days ago in Special, Trading Psychology made popular 762 days ago

Forex charts are the main trading tool for predicting currency movements. So that if someone tells you do not need forex charts, that person is likely to lead to financial ruin.

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Weekly Forecast April 26 2010

posted by fahrell 762 days ago in USD, 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 hits one-year-low

posted by fahrell 763 days ago in EUR, Trade made popular 763 days ago

Greece's debt crisis weighed on sentiment Friday, with Asian markets falling and the euro hitting a one-year-low after the European Union raised its estimate for the country's deficit.

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