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Australia boasts trade surplus as exports surge

posted by Avatar jerome 724 days ago in AUD, Trade made popular 724 days ago

Australia reported its first trade surplus in 13 months in April as booming exports of iron ore and coal helped lift earnings by over A$2 billion, a dramatic turnaround that is set to fuel economic growth this year.  read more
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Is USDCAD Revving Up for Another Move Down?

posted by Avatar Buruguduy 724 days ago in USD, CAD made popular 724 days ago

Oh my! Is that a juicy bearish pennant I see forming on the one-hour? Why yes it is!  read more
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Daily Economic Roundup - June 3, 2010

posted by Avatar gosspipgirl 724 days ago in Fundamental made popular 724 days ago

Ho hum, 'twas a quiet day in the markets yesterday. Could the major pairs be warming up for strong moves later on? Read up on the economic catalysts on today's schedule!  read more
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Swiss retail sales up in Apr; consumption still strong

posted by Avatar krissylinne 724 days ago in CHF made popular 724 days ago

Swiss retail sales rose by a real 1.3 percent in April versus a year earlier, a further sign that consumers, who helped support the economy through the downturn, remain willing to open their wallets.  read more
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US weekly gasoline demand up 3.7 pct

posted by Avatar megumi 724 days ago in USD, Retail Sales made popular 724 days ago

U.S. retail gasoline demand rose 3.7 percent in the week ending May 28 due to the Memorial Day holiday, the SpendingPulse report said on Tuesday.  read more
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Australia’s Q1 growth moderates

posted by Avatar sora 724 days ago in AUD, GDP made popular 724 days ago

Australia’s economic growth moderated last quarter as higher interest rates and the end of tax breaks proved a headwind, though surging export prices look set to re-energise activity as the year progresses.  read more
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NZD Nears Two-Week High on Rates; Aussie Bonds Fall

posted by Avatar camac 724 days ago in AUD, NZD, Inflation made popular 724 days ago

The New Zealand dollar traded within 1 U.S. cent of its strongest since May 20 as speculation its central bank will raise interest rates from a record low next week boosted demand for the nation’s assets.  read more
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House prices rise but falls could be on the way

posted by Avatar fahrell 724 days ago in GBP, Housing made popular 724 days ago

North West house prices have risen by 1.2 per cent in the past six months, according to Jones Lang LaSalle.The firm's latest UK Residential Market forecast said the General Election had not deterred "a surge" of new vendors who put their houses o  read more
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Daily Chart Art - June 2, 2010

posted by Avatar gosspipgirl 725 days ago in Technical made popular 725 days ago

Good day forex traders! Get ready to start your pipping adventure with a dose of my daily chart art. On today's set, I've got the GBPUSD, AUDUSD, and EURUSD pairs. Check 'em out!  read more
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GBPJPY: Headed Towards The 134.78/136.03.

posted by Avatar FXTechstrategy 725 days ago in JPY, GBP, Technical made popular 725 days ago

GBPJPY: As a recovery momentum continues to build up pushing the cross through its minor resistance at 133.22 today, risk of further strength now targets the 134.78 level, its May 18’10 high.  read more
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Australia, NZ dlrs soft as risk avoided on euro woes

posted by Avatar Arnaud 725 days ago in AUD, NZD made popular 725 days ago

The Australian and New Zealand dollars stayed under pressure on Wednesday as persistent nervousness about the impact of euro zone's debt problems weighed on risky investment such as stocks and high yield currencies.  read more
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Gold at new high on Re’s free fall

posted by Avatar durkie 725 days ago in Gold made popular 725 days ago

Gold priced in rupee hit a new high, driven by a fall in the local currency, which suffered its worst single-day fall in 18 months as foreign investors pulled out of Indian equities amid fears of a worsening crisis in Europe.  read more