Feedback Form

Avatar posh

3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Canada Dollar Set for a Second Monthly Advance on Crude Oil, Haven Demand

posted by Avatar posh 303 days ago in Commodities

Economists predict a Canadian government report tomorrow will show the country's output expanded in May after stalling in April. We're seeing some safe-haven flows going into the Canadian dollar, which has been a positive factor, said George Davis, ...  read more
26 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/JPY breaks 78.70, fresh 5-day low

posted by Avatar posh 311 days ago in USD made popular 311 days ago

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ...  read more
27 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Pound Drops as Inflation, Retail Sales Signal Recovery Stalling

posted by Avatar posh 319 days ago in GBP, Economic Indicators made popular 319 days ago

By Lukanyo Mnyanda July 12 (Bloomberg) -- The pound fell against the dollar and government bonds surged as reports showed inflation unexpectedly slowed and retail sales slid in June, fueling speculation UK central bank rates will stay at a record low. ...  read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

India Forex Advisors / Market Commentary /12_July_2011

posted by Avatar posh 319 days ago in Economic Indicators

Sample GBP/USD: The Sterling is currently trading at 1.5868 levels. Sterling is weak against the dollar tracking the heavy collapse yesterday. BRC Retail Sales Monitor y/y came out better at -0.6% than previous figure of -2.1% and RICS House Price ...  read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Crude edges up ahead of payrolls report

posted by Avatar posh 323 days ago in Commodities

[MKTS/GLOB] * Gold prices tracked losses in the euro versus the dollar ahead of the US employment report, but remained on track for their biggest weekly gain since late April. [GOL/] * US June nonfarm payrolls data due at 8:30 am EDT (1230 GMT) on ...  read more
35 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Investors: The Downside In Gold Is Limited (DGP, GLD, GDX, SLV, IAU, DZZ, AGQ)

posted by Avatar posh 324 days ago in EUR, Commodities made popular 324 days ago

These two factors signal to us that the Euro is likely to go higher, the US dollar lower and gold priced in dollars to increase. Keep in mind that the ECB's main objective is price stability, ie to control inflation, as opposed to the Federal Reserve's ...  read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Only very few economic indicators and renewed focus on debt crisis

posted by Avatar posh 325 days ago in GBP

EUR/GBP (SELL): Good economic indicators offer bigger surprise than the negative ones. EUR/PLN (NEUTRAL): Interest-rate meeting of the NBP. We (and consensus) do not expect any changes. Debt crisis in focus. Moody's has downgraded Portugal by 4 notches ...  read more
25 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

British Pound Rally At Risk, Euro Reversal On Tap

posted by Avatar posh 326 days ago in USD, EUR, GBP, AUD made popular 326 days ago

... as the slowdown in economic activity dampens the prospects for higher inflation. Should more members of the MPC vote to expand quantitative easing, the GBP/USD will certainly face a sharp selloff, and the exchange rate may fall back towards 1.5750, ...  read more
40 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

European June Economic Confidence Declines to Lowest Level in Eight Months

posted by Avatar posh 332 days ago in USD, EUR made popular 332 days ago

Unemployment probably fell last month, according to a Bloomberg survey. The Nuremberg-based Federal Labor Agency will release the report tomorrow. Daimler AG (DAI), the world's largest maker of heavy-duty vehicles, said on June 21 it plans to sell 20 ...  read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

U.K. Q1 Current Account Deficit Narrows

posted by Avatar posh 333 days ago in USD, EUR, GBP

The deficit in goods trade fell by GBP 5 billion to GBP 22.2 billion and the surplus on trade in services rose by GB 0.8 billion to GBP 13.8 billion. At the same time, the deficit on current transfers decreased GBP 0.7 billion to GBP 5.5 billion. by ...  read more
29 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/USD update (22nd June 2011, 15:30)

posted by Avatar posh 339 days ago in EUR made popular 339 days ago

The euro struggled to make any progress against the US dollar this afternoon, with EUR/USD seen whipsawing between $1.442 and $1.435 by 3pm (London time), despite Greece last night winning a much-needed parliamentary vote of confidence. ...  read more
31 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

It's spooky

posted by Avatar posh 339 days ago in CHF made popular 339 days ago

... bank notable buyers of EUR/USD in recent trade. The content of this field will not be shown publicly. Gerry Davies: sorry that ain't gonna happen. I've limited time and something has to give (be left behind) And that's USD/CHF and USD/CAD on the. ...  read more