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Gold Up, Oil Weak

posted by neorix 727 days ago in USD, Gold, Oil made popular 727 days ago

Gold rose in late trading on Friday after the Fitch cut of Spain's debt ratings forced gold investors to cover short positions before the holiday long weekend.

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USD/CAD Outlook – May 31 – June 4

posted by forexcrunch 727 days ago in CAD, Technical, Weekly made popular 727 days ago

A combination of GDP, a rate decision and employment figures promise an exciting week for the Canadian dollar. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD.

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Daily Chart Art - May 31, 2010

posted by monstapips 727 days ago in JPY, Technical, Daily made popular 727 days ago

Is it already the end of May? My, how time flies - especially when you're having fun kickin' it with the FX-men! On Big Pippin's canvas today - the 4-hour charts on the EURUSD, AUDUSD and GBJPY!

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Euro slide stirs hope of boost in tourist numbers

posted by hachibi 728 days ago in EUR made popular 728 days ago

THE tourism sector has had a nightmare time so far this year. The fervent hope now is that the slumping euro will boost visitor numbers and salvage the summer season.

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USD higher, weak consumption data

posted by Binsonu 728 days ago in USD made popular 728 days ago

USD traded mixed Friday with EUR initially supported by a statement from Chinese officials reaffirming China’s commitment to EU investments. EUR gains were limited by ongoing EU debt worries with focus shifting to Italy and in reaction to weaker

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Scottish house buying gets off to a slow start

posted by vhinz316 728 days ago in GBP, Housing made popular 728 days ago

House purchase lending in Scotland mirrored the rest of the UK by falling 33% in the first three months of 2010, according to new data released by the Council of Mortgage Lenders.

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10 Novice Mistakes That See Them Wiped Out Quickly

posted by sora 728 days ago in Special, Trading Psychology made popular 728 days ago

Here as part of your forex education are 10 common reasons new traders get wiped out. Make any of these mistakes and you will lose too. so avoid these common mistakes…

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Weekly Review: USD remains up vs rupee

posted by fahrell 728 days ago in USD, Weekly made popular 728 days ago

The dollar remained up versus the rupee in the interbank market throughout the week’s trading, dealers said on Saturday. The dollar kicked off the week’s trading at Rs 84.53 for buying, appreciated by 55 paisas and closed at Rs 85.08 for buying a

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Weaker euro could strengthen Europe economy

posted by erzon 728 days ago in USD, EUR, Trade made popular 728 days ago

How low can the euro go? Many economists think the 16-country currency is headed for a significant decline because of Europe's government debt crisis. Some are even predicting that by next year the euro will sink to what's called parity against t

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As euro falls, American consumers watch for deals

posted by vhinz316 728 days ago in USD, EUR, Consumer made popular 728 days ago

The Greek crisis contagion has pushed the euro into free fall for months now. Every day seems to mark a new low; many analysts predict it will drop below $1.20 in the near future, and some more-bearish currency experts are even predicting parity

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Forex Markets Await Interest Rate News

posted by neorix 728 days ago in CAD, Inflation made popular 728 days ago

The Canadian dollar and Australian dollar will be in the spotlight next week as traders await interest rate decisions from the Australian and Canadian central banks.

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Will the Busan summit save Europe?

posted by butterscotch 728 days ago in EUR made popular 728 days ago

Steven Fine grabbed the microphone on KBC Peel Hunt's trading floor at its offices in Old Broad Street, London. It was 7am on Tuesday and traders' screens at the stockbroker were a sea of red ahead of the market opening. Stock futures were predic

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