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U.S. Dollar could be Forming Major Top

posted by Avatar mateo 730 days ago in USD, Technical, Inflation made popular 730 days ago

The U.S. Dollar traded sharply lower on Thursday, giving the first indication in weeks that the event driven rally may be coming to an end. Pressure was on the Dollar all day led by the strong turnaround in the Euro. Additional pressure came from read more
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Euro Set for 5th Weekly Loss Vs Yen on Regulation Concern

posted by Avatar vhinz316 730 days ago in EUR, Weekly made popular 730 days ago

The euro headed for a fifth weekly loss against the yen as concern Europe’s fiscal crisis will lead to stricter financial regulations damped demand for higher- yielding assets. read more
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Approaching very critical levels on all pairs! (2)

posted by Avatar ronnyrabbit1 730 days ago in USD, JPY, GBP made popular 730 days ago

The Euro broke the support specified in yesterday’s report 1.2256, and fell afterwards by 104 pips, only to stop before our suggested target & the 4-year low 1.2142. And after finding a bottom at 1.2152, the price bounced almost 150 pips in 8 onl read more
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The growth of U.S. GDP in the first quarter amounted to 3,0%

posted by Avatar cameraman 730 days ago in GDP made popular 730 days ago

The growth of U.S. GDP in the first quarter amounted to 3,0% read more
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Canada's Dollar Rises Most in 2wks on Eased Europe Concern

posted by Avatar altogether 730 days ago in EUR, CAD, Inflation made popular 730 days ago

Canada’s dollar gained for the first time in four days as concern eased that Europe’s debt turmoil will worsen, pushing stocks higher and boosting bets Bank of Canada Governor Mark Carney will raise interest rates next week. read more
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Euro & Stocks Lifted China's Affirmation,Dollar Index Failed

posted by Avatar marybrian 730 days ago in USD, EUR made popular 730 days ago

Global markets managed to ride on China's affirmation of Europe's status as one of the key investment markets and rebounded strongly. Commodities lead the way in rebound against dollar and yen with AUD/JPY and NZD/JPY leading the top movers table read more
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Techniques In Forex Trading

posted by Avatar annie 734 days ago in Special, Trading Psychology made popular 734 days ago

There are trillions of dollars being tradedin Forex trading everyday that makes it one of the biggest financial markets on a global level. By investing in right choices, a person can be rich in no time.On the other hand, money can be easily lost. read more
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More on the European Impact

posted by Avatar camac 734 days ago in USD, EUR, Inflation made popular 734 days ago

Some clarification and expansion of my recent off-consensus analysis of the implications of the European debt crisis is in order. In short, I noted that lower energy costs and interest rates were generally positive for the US. Responses came from read more
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Forex Playbook: May 23-29 - Global Economy on the Brink

posted by Avatar ForexPlaybook 734 days ago in USD, JPY, Fundamental made popular 734 days ago

Risk appetite faced near destruction last week, with global equities and commodities valuations suffering their worst losses in recent memory. read more
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Local gold producers gain from dollar's fall

posted by Avatar erzon 734 days ago in USD, Gold made popular 734 days ago

While the US dollar gold price has increased all of 3 per cent in the last 30 days, the local price has put on 15 per cent, or $183 an ounce, to $1413 an ounce. read more
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Forex trading finding its place in the region

posted by Avatar mateo 734 days ago in USD, Daily made popular 734 days ago

Foreign exchange (forex) trading is quickly becoming one of the most popular forms of investment in the Middle East, particularly in the UAE. And not surprisingly so, considering that the forex market has remained, for some years now, the largest read more
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Dollar's dive makes for a golden moment

posted by Avatar neorix 734 days ago in USD, Gold made popular 734 days ago

The sharp retreat in the dollar has been working wonders for the local gold price. While the US dollar gold price is up all of 3 per cent in the past 30 days, the local price has put on 15 per cent, or $183 an ounce to $1413 an ounce. read more