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The Weekly Gold Digger

posted by Avatar ymir 715 days ago in USD, Gold made popular 715 days ago

The US Dollar settled higher on the day supported by weak retail sales coming out this morning! We reached a new high of $89.22 on the September US Dollar Index on Monday.  read more
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Dollar up vs yen on consumer data; euro fizzles

posted by Avatar friendlydude 715 days ago in USD, EUR, JPY made popular 715 days ago

The dollar rose against the yen on Friday as data showing an improvement in US consumer sentiment in June offset weaker-than-expected May retail sales, reassuring some investors about state of the economy.  read more
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Understanding The Markets And Loving Money

posted by Avatar oslyn 715 days ago in Fundamental made popular 715 days ago

When panic hit early in the week, Chief Market Strategist went bullish. They put out alerts to buy the Euro by buying the CurrencyShares Euro Trust (NYSE:FXE) as well as stocks like AK Steel Holding Corporation (NYSE:AKS) and ATP Oil & Gas Corpo  read more
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Sterling counts cost of manufacturing fall

posted by Avatar camac 715 days ago in GBP, Manufacturing made popular 715 days ago

The pound lost momentum after disappointing manufacturing figures showed an unexpected fall in output from the UK's factories.  read more
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Oil Prices Down but Not Out

posted by Avatar japock 715 days ago in USD, Oil made popular 715 days ago

While it looked like they were headed towards the $90 a barrel level, oil prices hit a wall in the spring. Rattled investors who worried about the direction of the global economy shunned black gold in favor of real gold as a means of preserving c  read more
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OPEC oil price climbs 1.13 dollars

posted by Avatar jirachi 715 days ago in USD, Oil made popular 715 days ago

The oil price of the Organization of the Petroleum Exporting Countries (OPEC) added 1.13 dollars towards the end of the week, the group said Friday, as oil prices followed upward-moving stockmarkets across the globe.  read more
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Manufacturing Output Posts Surprise Fall In Apr

posted by Avatar hachibi 715 days ago in GBP, Manufacturing made popular 715 days ago

Manufacturing output fell unexpectedly in April following strong growth in the previous two months, according to figures released by National Statistics Friday.  read more
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Concern for Global Recovery Goes Away, Helping Euro

posted by Avatar commodityblog 716 days ago in USD, EUR, Fundamental made popular 715 days ago

The euro extended its rally today as the concerns that the troubles in Europe would slow the global economic recovery eased and the risk sentiment among the investors improved.  read more
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Oil hovers near US$75 on trade data from China and U.S.

posted by Avatar ezir 716 days ago in USD, Trade, Employment made popular 715 days ago

Oil prices hovered near US$75 a barrel Friday in Asia after a big jump the day before as China's booming trade and lower U.S. jobless claims lifted stock markets and confidence in the global economic recovery.  read more
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Euro Gains As ECB's Trichet Says No Policy Change

posted by Avatar shadowf 716 days ago in USD, EUR made popular 715 days ago

The U.S. dollar lost ground versus most major rivals Thursday, while the beleaguered euro held most of its gains after European Central Bank President Jean-Claude Trichet said its bond-buying program, a surprise decision last month, doesn't repre  read more
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Currency Crosses Pairs Analysis

posted by Avatar kim221b 716 days ago in USD, Technical, Daily made popular 715 days ago

Longer term bias switched to bearish now that the cross has breached key support in 0.8400 area.

Intraday: still above 0.8210/00 support, any rebound from here should be taken as an opportunity to short the pair. Watch for a break below 0.8200  read more
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EUR/USD Spiked after Positive News in China and Europe

posted by Avatar chezka 716 days ago in USD, EUR made popular 715 days ago

It appears a violent breach of the lower border on the daily chart’s Bollinger Bands has recently occurred, signaling that there is upward pressure on this pair. Supporting this notion is an imminent bullish cross on the daily chart’s Slow Stocha  read more