FreshPips.com / User / camac / Submitted

NZ dollar little changed in quiet session

posted by camac 766 days ago in NZD

The NZ dollar was buying US71.06c at 5pm from US71.04c at 8am, having moved between about US71.30c and US70.75c during the night.

Discuss

Japan Sees Y948.9 Billion Trade Surplus In March

posted by camac 766 days ago in JPY made popular 766 days ago

Japan posted a trade surplus of 948.9 billion yen in March, the Ministry of Finance said on Thursday. That was below analyst expectations for a 975.4 billion yen surplus following the revised 649.6 billion yen surplus in February.

Discuss

Gold Weakens on Speculation of Increasing Demand for Dollar

posted by camac 768 days ago in USD, Gold made popular 768 days ago

Gold weakened, after slumping Friday by the most since Feb. 4, on speculation that a fraud suit by U.S. regulators against Goldman Sachs Group Inc. will increase demand for the dollar as a safe investment.

Discuss

Sberbank to Lower Retail Loan Rates

posted by camac 769 days ago in GBP, Inflation made popular 769 days ago

Sberbank will lower rates on all retail loans starting Monday, Gref said during a meeting with Prime Minister Vladimir Putin, according to a government transcript. Signs of “insignificant” credit portfolio growth are emerging for the first time t

Discuss

US Dollar Rallies Sharply on Goldman Sachs SEC Complaint

posted by camac 770 days ago in USD, EUR made popular 770 days ago

• US Dollar Rallies Sharply on Goldman Sachs SEC Complaint, S&P 500 Tumbles
• Euro Outperforms Despite Confirmation of Formal Greek – EMU/IMF Talks
• Australian Dollar, Canadian Dollar see Major Losses as S&P Pulls Back

Discuss

Gold – Investment Demand Poised To Jump?

posted by camac 771 days ago in EUR, Gold made popular 771 days ago

We were right in believing that the € and gold will and are de-coupling. But far more than that is happening in the gold markets of the world. But the process is an ebb and flow process, with this week seeing gold move with the € and last wee

Discuss

Loonie edges higher, Greece concerns weigh

posted by camac 771 days ago in USD, CAD, Trade made popular 771 days ago

The Canadian dollar edged higher against it's U.S. counterpart on Friday but left parity some breathing room as concerns over debt-laden Greece continued to weigh on riskier assets.

Discuss

Euro Drop to 87 Pence May Be Buying Opportunity

posted by camac 771 days ago in EUR, GBP made popular 771 days ago

Investors should bet that the euro will rebound against the pound should it weaken to 87 pence as speculation the U.K. is headed toward an election stalemate offsets European fiscal concerns, UniCredit SpA said.

Discuss

Early London Interbank Eyeing EUR/GBP

posted by camac 772 days ago in EUR, GBP made popular 772 days ago

Some selling interest around in early interbank trade and dealers tell me that closing the gap between last Monday’s opening and last Friday’s NY close is first on the agenda. That level is at .8775. A break below there should open the way for a

Discuss

Oil rises on weaker dollar, Chinese demand

posted by camac 776 days ago in USD, Oil

Oil prices rose in Asian trade today as the euro firmed against the US dollar and on the back of indications of improved Chinese demand.

Discuss

Euro Jumps on Greek Package, Aussie at 5-Month High

posted by camac 776 days ago in EUR, AUD made popular 776 days ago

The euro jumped to its highest in nearly a month in early Asian trade on Monday, after European Union leaders agreed to a rescue package for Greece which traders said could drive investors to cover short positions.

Discuss

Crude oil barrels higher but do fundamentals support price?

posted by camac 777 days ago in USD, Fundamental, Oil made popular 777 days ago

The price of crude oil managed to finish the week just below $85 per barrel, but the highest price since late 2008 is squeezing many motorists at a time when overall demand in the economy is far from pre-recession levels.

Discuss