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US Dollar Lower as Risk Appetite Makes an Appearance

posted by Avatar MMarquit 8 days ago in USD made popular 8 days ago

US dollar is lower today as risk appetite makes an appearance in the markets. As commodity prices rise, and equities see a bit of a reprieve from recent troubles, the greenback is pulling back. Concerns about Europe remain, but they are being tru read more
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Fairfax Market Report including Condor Resources, Medusa Mining, Mwana Africa

posted by Avatar altogether 8 days ago in Commodities made popular 8 days ago

$1.577/gbp vs 1.596/gbp Gold US$1573/oz vs US$1551/oz yesterday Prices increased today as this week's decline to a 10-month low was seen as excessive. Gold should trade above US$1500/oz to cover all-in costs of production that are currently ... read more
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Jean-Claude Trichet Has an Idea that Could Save the Euro...

posted by Avatar eToro 9 days ago in EUR, Fundamental, Daily made popular 8 days ago

Jean Claude Trichet, the former president of the European Central Bank, yesterday presented a bold but sure to be controversial plan that could go some way to saving the Eurozone. Many of the problems that currently exist in the Eurozone can be b read more
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NZ On Air releases original pitch for show that became The GC

posted by Avatar piphole 9 days ago in NZD made popular 8 days ago

$425000 AUD will buy you a house on the Gold Coast with 4 bedrooms, 2 bathrooms, spa, outdoor swimming pool, out door area, separate dining and family areas and double garage. $465000 NZD buys a 3 bedroom, 2 bathroom (one en suite), double garage ... read more
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AUD/NZD continued its upward trend to 1.3000

posted by Avatar defferson 9 days ago in AUD, NZD made popular 9 days ago

An auction for 10yr inflation linked bonds went at a record low of -0.39% real yield. Australian 3yr yields fell 8bp. The US dollar index (DXY) probed a little higher but looked consolidative rather than trending. EUR fell from 1.2750 to 1.2667 and ... read more
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Technical Focus: EURJPY

posted by Avatar FXTechstrategy 9 days ago in EUR, Technical, Daily made popular 9 days ago

EURJPY- Our outlook on EURJPY remains lower as it continues to weaken and targeting further declines. read more
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GBPJPY inside bar trade recap - Nial Fuller

posted by Avatar Nial-Fuller 9 days ago in Daily made popular 9 days ago

GBPJPY inside bar trade recap read more
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Playing the EUR/CAD Downtrend

posted by Avatar EJSuratos 9 days ago in EUR, CAD, Special made popular 9 days ago

Good morning forex friends! I've decided to close out this trading week by dipping into an arena I'm not too familiar with: currency crosses! Even though it's not in my usual bag of pairs to watch, I think EUR/CAD is a simple play both fundamenta read more
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GBP/USD finds support at 1.5790, back above 1.58

posted by Avatar Pete 9 days ago in USD, CHF made popular 9 days ago

The Sterling's decline from 1.5930 against the Dollar has found support at the 1.5790 price with the unit coming back to trade above 1.5800. Currently the GBP/USD is pricing at 1.5817, 0.60% below opening price. read more
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Gold Demands Trend (Q1 2012) - Enter The Dragon

posted by Avatar forexbaby 9 days ago in GBP, Commodities made popular 9 days ago

Gold's London AM fix this morning was USD 1547.00, EUR 1217.44, and GBP 974.00 per ounce. Yesterday's AM fix was USD 1537.50, EUR 1208.73 and GBP 966.31 per ounce. Silver is trading at $27.48/oz, 21.77/oz and 17.43/oz. read more
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Gold Buyers Back. Tests Underside Of Broken Trend Line

posted by Avatar ejc 9 days ago in Technical, Daily, Gold made popular 9 days ago

The Gold buyers have entered today after not being able to extend below the most recent lows From September and December 2011. The rally hast taken the price up to the broken underside of the the channel trend line at the $1575 area....more. read more
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GBP/USD at Another Support Cluster in the 1.5770-1.58 Area

posted by Avatar FXTimes 9 days ago in USD, GBP, Technical made popular 9 days ago

Since the dovish BoE inflation report and Mervyn King press conference, the sterling has been weak, and the GBP/USD has been sliding sharply. After a brief pause at 1.59, the market fell sharply to 1.58 and is now testing an area of support clust read more