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The Australian dollar gives up gains

posted by Avatar cleojosh 725 days ago in AUD made popular 725 days ago

The Australian dollar opened lower today, giving up earlier gains as investors moved away from risk assets on ongoing concerns in the eurozone and fears in the Middle East. read more
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Euro area unemployment rate at 10.1% EU27 at 9.7%

posted by Avatar fxgirlie 725 days ago in EUR, Employment made popular 725 days ago

The euro area (EA16) seasonally-adjusted unemployment rate was 10.1% in April 2010, compared with 10.0% in March. It was 9.2% in April 2009. The EU27 unemployment rate was 9.7% in April 2010, unchanged compared with March. It was 8.7% in April 20 read more
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US gold ends up in safetu bid over euro debt fears

posted by Avatar dennis 725 days ago in USD, EUR, Gold made popular 725 days ago

U.S. gold futures ran up to a two-week high on Tuesday in a flurry of buying, on renewed safe-haven purchases amid fresh worries over euro zone debt. read more
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Canada economic recovery zooms

posted by Avatar jonell 726 days ago in CAD, GDP, Inflation

Canada’s economy expanded at the fastest clip in more than a decade in the first quarter, fuelling expectations that the Bank of Canada will today become the first G7 country to raise interest rates since the start of the recession. read more
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Defending the Euro Is More Than an Economic Issue

posted by Avatar megumi 726 days ago in EUR made popular 726 days ago

Bill Clinton won the presidential election in 1992 with the motto “It’s the economy, stupid.” But when it comes to the future of the euro, “It’s the politics, stupid” is the more appropriate slogan. Since its inception, the euro has always been a read more
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Euro insurers face bond yield, growth risks

posted by Avatar sora 726 days ago in EUR made popular 726 days ago

Low government bond yields, tepid economic growth and big loss claims pose risks for euro area insurance companies despite their improved performance, the European Central Bank said on Monday. read more
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Long GBP/JPY

posted by Avatar camac 726 days ago in JPY, GBP made popular 726 days ago

On Thursday, we went long the GBP/JPY at 130.65 as the pair looked likely to test, and then break above the 10-day SMA, with daily studies last week indicating that the pair was oversold. Currently, it has indeed broken above this simple moving a read more
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Oil prices aren't the effect of the recession

posted by Avatar fahrell 726 days ago in USD, Oil made popular 726 days ago

When global credit evaporated in the wake of the 2008 subprime mortgage crisis, oil prices tumbled along with the values of the world’s stock markets. Seemingly overnight the price of a barrel of oil plunged from an all-time high of $147 (U.S.) a read more
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3 Easiest Ways to Become a Successful Forex Swing Trader

posted by Avatar erzon 726 days ago in Special, Trading Psychology made popular 726 days ago

What is forex swing trading? In a simple definition, this is just a way in which a forex market moves in a swing or,say, zigzag manner over a period of time. It is placing a trade in a major support and resistance area accurately, especially in a read more
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Gold and Silver Bull Market Progress Report

posted by Avatar mateo 726 days ago in USD, Gold, Metals made popular 726 days ago

The debate currently taking place between gold bulls and gold bears is whether or not the central banks of the world are adding to the money supply of the world, or if money supply is contracting. read more
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Canada’s Economy Bolsters Canadian Currency

posted by Avatar commodityblog 726 days ago in USD, EUR, CAD made popular 726 days ago

The Canadian dollar rose against its U.S. counterpart, paring previous losses, and extended its rally versus the euro today on the signs of the record economical growth and on rising oil prices, which caused the speculations that the central bank read more
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Canadian Dollar Makes Modest Gains

posted by Avatar vhinz316 726 days ago in CAD, Oil made popular 726 days ago

The Canadian dollar continued to make modest gains verses the US dollar midday Monday. The Canadian currency's strength was tied to a strong Canadian equity market, rising crude oil prices, and an expected increase in interest rates from the Bank read more