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UK Trade Deficit Contracts In August

posted by pippinator 1325 days ago in GBP, Fundamental, Trade made popular 1324 days ago

UK’s total trade deficit narrowed slightly in August after widening in July, official data showed.

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USD/CAD Surges, Yen and Dollar Consolidates

posted by sheryl 1325 days ago in Technical, Daily made popular 1324 days ago

Markets remains relatively calm comparing to recent high volatility. US stocks open mildly higher but there is not enough momentum for a sizeable rebound. Yen and dollar continues to consolidation in most pairs. Aussie is still maintaining earlie

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Gold Futures Drop on Bets Global Slump to Cut Commodity Dema

posted by dollardude 1325 days ago in Gold made popular 1324 days ago

Gold fell for the first time this week on speculation that a global economic slump will reduce demand for commodities. Silver gained.

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Crude Hits Below $85 A Barrel

posted by jonnycakes 1325 days ago in Oil made popular 1324 days ago

Oil fell to a yearly low on Thursday as demand continued to plunge amid the global credit crisis. Light sweet crude closed at $86.59 a barrel, down $2.36 on the session. Crude then hit as low as $84.19 in trading after the markets closed.

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U.S. may take ownership stake in banks

posted by dooly 1325 days ago in USD, Fundamental made popular 1325 days ago

In another attempt to loosen credit markets and restore confidence in the financial system, the Treasury Department is considering a plan to take ownership stakes in many U.S. banks, both healthy and troubled, according to a media report Wednesda

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End of the Dollar's Rally?

posted by simitpatel 1325 days ago in USD, Agriculture made popular 1324 days ago

A look at if the US dollar's rally is over, and if the commodity bull market is returning.

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Forex Market Commentary for October 3, 2008 by Cornelius Luca

posted by wiredprg 1325 days ago in Daily

GFT Daily Market CommentaryThe dollar continued its divergent behavior on Thursday, surging against the European currencies and declining versus the yen, as de-leveraging continued. The euro suffered the brunt of the losses, after ECB Pre...

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Oil Falls More Than $1 on Signs Rate Cuts Won't Bolster Econ

posted by maximumpips 1325 days ago in Oil made popular 1325 days ago

Crude oil fell more than $1 a barrel in New York on concern that the coordinated cut of interest rates by central banks yesterday may be insufficient to prevent a prolonged global recession.

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Forex Market Commentary for October 3, 2008 by Cornelius Luca

posted by wiredprg 1325 days ago in Daily

GFT Daily Market CommentaryThe dollar continued its divergent behavior on Thursday, surging against the European currencies and declining versus the yen, as de-leveraging continued. The euro suffered the brunt of the losses, after ECB Pre...

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Dollar Rises Further Versus Sterling Amid Efforts To Thaw Fr

posted by fxmasta 1325 days ago in USD, Technical, Fundamental

The greenback continued its levitation act versus the sterling and loonie while holding steady against other majors on Thursday. Traders once again were swept up in a wave of key global developments as central bankers and other policy makers arou

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German Trade Surplus Falls; UK House Prices Log Biggest Decl

posted by lovethefx 1325 days ago in EUR, Fundamental

Thursday, external trade data was released from Germany and UK. The German trade surplus declined in August, while the UK trade deficit narrowed slightly. Further, survey data showed that UK house prices fell the most since 1983.

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Forex Broker Rebates Unleashed

posted by cougarize 1325 days ago in Daily, Trading Psychology made popular 1325 days ago

The practice of traders earning rebates from the commissions (spread) they pay on trading isn't a new one. There are many faceless websites that want your business and the number of these sites is growing and they're getting slicker.

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