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US wheat hits near 9-month top on supply concerns

posted by Avatar PipWatCher 6 days ago in USD, EUR, AUD, Commodities made popular 5 days ago

The US Department of Agriculture has been counting on an early winter wheat harvest to help cushion extremely tight supplies corn held over from last year's harvest. Wheat can be used to replace corn in animal feed. But the promise of a bumper US hard ...  read more
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AUD/USD, hard time finding bids; 0.9800 tested ahead of Tokyo

posted by Avatar realtrade 6 days ago in AUD made popular 6 days ago

The offerless AUD/USD pair continues to follow its merciless course to lower ground ahead of the Tokyo open at the top of the hour. After kicking off around 0.9840, the sport rate has been sliding quite consistently over the ...  read more
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4 Reasons Why Greece Should Stay in the Euro Zone

posted by Avatar EJSuratos 6 days ago in EUR, Special, Employment made popular 6 days ago

While everyone and their mommas have been spending the last few days debating whether a Grexit would be good for the euro or not, let's take some time to figure out what this scenario could mean for Greece and the financial markets as a whole. He  read more
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Gold and Silver Weekly Outlook for May 21-25

posted by Avatar liorcohen 6 days ago in USD, Weekly, Gold made popular 6 days ago

Last week gold and silver prices changed direction from a downward trend to a sudden steep increase on Thursday and Friday. Could this mean there is some fundamental shift in the bullion market that warrants such a shift?  read more
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Oil Prices – Weekly Recap 14-18 May

posted by Avatar liorcohen 6 days ago in Fundamental, Weekly, Oil made popular 6 days ago

Crude oil prices continued their downward trend as both Brent and WTI were traded down during most of the week. The disappointing news of the drop in the Philly Fed index may have been among the factors to drag down oil prices. developments in th  read more
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HP: WB to give USD 37 mn more

posted by Avatar forexbaby 6 days ago in USD made popular 6 days ago

Shimla: The World Bank has agreed in principle to provide additional funding of USD 37 million (Rs.231.25 crore) for a watershed project in Himachal Pradesh, Chief Minister Prem Kumar Dhumal said on Sunday. The additional funding proposal has been ...  read more
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NZD/USD Outlook May 21-25

posted by Avatar forexcrunch 6 days ago in USD, NZD, Weekly made popular 6 days ago

NZD/$ continued its free fall for a third week in a row. The European troubles find the kiwi very vulnerable. Where will this stop? Inflation Expectations and Annual Budget Release are the highlights of this week. Here’s an outlook for the events  read more
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USD/CHF Outlook May 21-25

posted by Avatar forexcrunch 6 days ago in USD, CHF made popular 6 days ago

USD/CHF continued to push higher, and gained almost one cent on the week, closing at 0.9396. The upcoming week is a quiet one, with only three releases. Here is an outlook for the Swiss events, and an updated technical analysis for USD/CHF.

Th  read more
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Gold Weekly Fundamental Analysis May 21-25, 2012, Forecast

posted by Avatar FXEmpire 7 days ago in Fundamental, Weekly, Gold made popular 6 days ago

Introduction: Gold prices always rise when there is uncertainty in the global economy. In times of uncertainty, investors tend to run towards gold. Suppose, rumors are flying high about some event in the world and this is increasing the uncertain  read more
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Gold Fundamental Analysis May 21, 2012, Forecast

posted by Avatar FXEmpire 7 days ago in Fundamental, Daily, Gold made popular 7 days ago

Analysis and Recommendations:

Gold broke the down streak to move up in today’s session to end the week at 1590.15 up 15.25.

Spot gold rebounded on heavy trades yesterday, reversing the previous session’s losses, and posted its biggest daily  read more
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USD/CAD Fundamental Analysis May 21, 2012, Forecast

posted by Avatar FXEmpire 7 days ago in USD, CAD, Fundamental made popular 7 days ago

Analysis and Recommendations:

The USD/CAD closed the week at 1.0203 almost flat from the open, the only eco news around the world today was in Canada and all releases were positive and a bit above but still could not put a dent in price. It se  read more
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Bad Week for Loonie in Spite of Some Good News

posted by Avatar commodityblog 7 days ago in USD, CAD, Fundamental made popular 7 days ago

The Canadian dollar had a pretty bad week as talks about the European debt crisis plagued the Forex market, driving traders away from riskier commodity currencies.  read more