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USD rebounds in Asia ahead of data

posted by jerome 716 days ago in USD made popular 716 days ago

The dollar rebounded in Asian trade Friday ahead of a fresh batch of US data later in the day and following robust Chinese data that lifted investor confidence in the global economic recovery.

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Gold rebounds after 1 pct drop, equity gains may weigh

posted by Binsonu 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 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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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.

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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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Australia jobless rate falls to 5.2 percent in May

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

Australia's jobless rate fell to 5.2 percent in May as full time employment increased for the ninth straight month, evidence of a rapid rebound from the global downturn that could pressure the central bank to keep raising interest rates.

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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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EUR/USD: 1.21/1.25 Panda Option

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

China is managing a 1.21/1.25 no-touch in the EUR/USD which I’m sure has a few weeks still to run (trying for verification on dates). It’s said to be a biggie so get set for some jobbing inside this range for the short term.

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Irrational Pesimism

posted by Itz 725 days ago in Technical, Fundamental, Sentiment made popular 725 days ago

The stock market is now clearly headline driven and a lot of the news continues to be negative. Although today's May ISM report was positive, there continues to remain so much noise in the market, high frequency trading and extreme short term out

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Euro Seen Vulnerable Near 4-Year Low vs Dollar

posted by megumi 725 days ago in EUR made popular 725 days ago

The euro was steady against the U.S. dollar above a four-year low on Wednesday but looked increasingly vulnerable to another sell-off amid mounting concern that the euro zone's debt crisis is spreading to its banking system.

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USD Pares Gains on Construction Spending Surge

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

USD traded at a 15 month high Tuesday supported by European debt worries and bank concern and in reaction to weak PMI data from China.

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Number of house sales up 15%

posted by camac 725 days ago in GBP, Housing made popular 725 days ago

In the latest four week period available the Scottish average house price has increased by 6.9% to £151,627 as the volume of sales in Scotland also increased by 15.2%.

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