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Gold drops from five-month high as $US jumps

posted by Avatar sassygirl 753 days ago in USD, Gold

Gold futures fell from a five-month high as the dollar surged, reducing demand for precious metals as alternative investments. Silver, platinum and palladium tumbled the most since early February.  read more
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Australia Plans to Impose 40% Tax on Resource Profits

posted by Avatar sassygirl 756 days ago in AUD made popular 755 days ago

Australia will impose a 40 percent tax on the profits of resource companies like BHP Billiton Ltd. and Rio Tinto Group to pay for infrastructure, retirement and company levy changes as part of the broadest overhaul of its tax system since the Sec  read more
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Cowabunga System Daily Update: Tuesday, 04/20/2010

posted by Avatar sassygirl 767 days ago in Special made popular 767 days ago

I was able to grab a small win today thanks to the Cowabunga System. See how it all went down in today's Cowabunga Surf Report. (Video Included)  read more
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Interest rates must rise

posted by Avatar sassygirl 768 days ago in USD, CAD, Inflation made popular 768 days ago

It's a minority view, but some economists are advising the Bank of Canada to hold off on raising rates - for a long time.  read more
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Oil price falls again on US demand

posted by Avatar sassygirl 775 days ago in USD, Oil made popular 775 days ago

Oil prices slipped for the fourth consecutive session on Monday in New York, under pressure from mediocre demand in the US, the world's largest energy consumer.  read more
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U.S. Economists Warn Initiation of a Continued Period

posted by Avatar sassygirl 776 days ago in USD, Fundamental, Inflation

Economists are intimating that with revival of the U.S. economy, the consumers will have to deal with another problem i.e., persistent period of intensifying interest rates. This has been predicted to be the outcome of the swelling debt of the na  read more
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Cowabunga System Daily Update: Thursday, 04/01/2010

posted by Avatar sassygirl 786 days ago in Special made popular 786 days ago

The Cable continued to move up but it didn't make a clean rise, causing me to lose 11 pips today. See how it all went down in today's Cowabunga Surf Report. (Video Included)  read more
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Europe gets behind Greek debt crisis

posted by Avatar sassygirl 791 days ago in EUR made popular 791 days ago

Greece won a major pledge of financial support from the other countries that use the euro and the International Monetary Fund in a deal that aims to halt a government debt crisis undermining confidence in Europe.  read more
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Oil Drifts Below $82 as Month-Long Rally Stalls

posted by Avatar sassygirl 800 days ago in USD, Oil made popular 800 days ago

Oil prices drifted below $82 a barrel Friday in Asia, pulling back from a monthlong rally that was fueled by mostly positive news about the U.S. economy.  read more
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AUD little changed after US Fed rumours

posted by Avatar sassygirl 800 days ago in USD, AUD made popular 800 days ago

The Australian dollar opened little changed on Friday amid market speculation the US Federal Reserve was planning to lift the discount rate it charges banks for loans.  read more
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Canada sees crisis or deflation risk without action

posted by Avatar sassygirl 800 days ago in CAD, Inflation made popular 800 days ago

Canada has warned the Group of 20 leading nations of the risk of another global crisis or a deflationary spiral if advanced countries do not rein in budget deficits and emerging markets do not allow for greater foreign exchange flexibility.  read more
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Rates to rise 'a bit' further

posted by Avatar sassygirl 802 days ago in AUD, Inflation made popular 802 days ago

Interest rates are set to rise further, a top central banker said today, backing market expectations that the cash rate will be moved up towards normal levels in coming months as growth picks up.  read more