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Stocks extend gains; euro jumps 1%

posted by insensitive 712 days ago in USD, EUR made popular 712 days ago

World stocks rose 1% on Monday to their highest level in over a week and heading for their fourth straight day of gains as investors banked on global economic recovery to trump concerns over euro zone debt. The euro also followed up its best week

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USD/CAD Outlook – June 14-18

posted by mateo 714 days ago in USD, CAD, Fundamental

The Canadian dollar took advantage of the relative calm in the markets, and made a gain of over 300 pips against the greenback. The Canadian fundamentals will probably outperform the American ones once again this week.

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Gold Hits All-Time High As Oil Soars

posted by vhinz316 714 days ago in USD, Gold made popular 713 days ago

The price of gold struck a record high above $1,250 an ounce this week as investors nervous about the weak state of the global economy sought safety in the precious metal.

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Forex Trading Tips For Beginners – 5 Top Tips For Beginners

posted by japock 714 days ago in Special, Trading Psychology made popular 713 days ago

With the immense popularity of online forex trading comes the legions of prospective traders eager to try their hand at the business. In the course of learning the art of forex trading, roughly 95% of all beginners will go on to blow their accoun

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USD/JPY consolidating above 91.00

posted by alfred 714 days ago in USD, JPY made popular 713 days ago

The Dollar bounced yesterday at 90.90 week low and reached 91.75 to ease on Asian session opening and settle down in a range between 91.25 to 91.55 around the 100-day -at 91.45- MA and halfway through the current week’s range; roughly between 91.

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Bad times are good times for gold

posted by ezir 714 days ago in USD, Gold

Sinfully seductive, gold almost looks good enough to eat. It shimmers in bullion. It coos like a songbird perched on her wedding finger. It inspires melodies and mayhem. And when the going gets tough, as the going has gotten in financial markets

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Doubts about the US economic recovery, heating oil futures

posted by shadowf 714 days ago in USD, Oil made popular 713 days ago

As investors worried that the pace of economic recovery in the euro zone debt crisis or blocked, leading to decline in energy demand, international crude oil prices slipped for the fourth consecutive trading day, fell sharply Friday about 4%, app

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Oil ends down after U.S., China data disappoint

posted by ezir 714 days ago in USD, Oil made popular 714 days ago

U.S. oil prices fell more than 2 percent on Friday as an unexpected fall in May retail sales in the United States and easing industrial output in China revived concerns about the economy and oil demand.

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Top fund veteran's take on euro woes

posted by morgan 714 days ago in EUR made popular 714 days ago

Europe once offered relative safety to investors with an international appetite. Lately, however, the seemingly familiar terrain has become shaky ground. Emerging markets in South America and Asia seem stable by comparison.

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EURUSD: Risk Opens Up Towards 1.2353/1.2771.

posted by FXTechstrategy 714 days ago in EUR, GBP, Technical made popular 714 days ago

EURUSD saw a respite the past week halting its strong medium term declines and triggering a recovery higher to close the week at 1.2110.

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Banks reviewing rates

posted by hinata 714 days ago in NZD made popular 714 days ago

Mortgage rates are in a holding patterning following yesterday's OCR announcement, with none of the big banks committing to a move in rates today.

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Ringgit Likely To Weaken Against Greenback Next Week

posted by Binsonu 714 days ago in USD, Weekly made popular 714 days ago

The ringgit is likely to weaken against the US dollar again next week following the recovery of the greenback as investors resume dollar buying, dealers said.

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