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Aussie dollar higher by noon

posted by Binsonu 724 days ago in AUD made popular 724 days ago

THE Australian dollar was higher at noon as investors continued to move into risk assets on the release of strong domestic trade data.

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NZ commodity prices continue to break records, led by dairy,

posted by krissylinne 724 days ago in NZD made popular 724 days ago

New Zealand commodity prices recorded their 14th straight monthly gain in May, pushing the ANZ Commodity Price Index to a new record, led by dairy products, skins and kiwifruit.

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US weekly gasoline demand up 3.7 pct

posted by 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.

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Options Pricing Shows USD/JPY Move to 100 Unlikely

posted by ForexPlaybook 724 days ago in USD, JPY, Sentiment

The resignation of Japan's Prime Minister Yukio Hatoyama sent the Japanese yen lower against its major counterparts in trading yesterday. However, options traders are betting against yen declines to 100 US dollars.

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GOLD: Risk Continues To Point 1,249.28 Level.

posted by FXTechstrategy 724 days ago in Technical, Daily, Gold

GOLD: Despite Gold’s hesitation on Wednesday, its up move started from the 1,166.03 level, its May 21’10 low remains intact.

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Daily Chart Art - June 3, 2010

posted by monstapips 724 days ago in AUD, Technical, Daily made popular 724 days ago

A descending triangle, a retest of a double bottom neckline and a break from a bearish flag! I've got it all for you in today's chart art!

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Bull Market for Gold and Silver

posted by GoldTatoo 724 days ago in Gold, Metals, GDP made popular 724 days ago

Much of the growth was predicated on debt. We borrowed about one-tenth of our GDP to boost things along and got some growth out of it. The problem, now reflected in the markets, is that investors and traders wonder if we're going to keep borrowin

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Euro Seen Vulnerable Near 4-Year Low vs Dollar

posted by megumi 725 days ago in EUR made popular 725 days ago

The euro was steady against the U.S. dollar above a four-year low on Wednesday but looked increasingly vulnerable to another sell-off amid mounting concern that the euro zone's debt crisis is spreading to its banking system.

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U.S. Dollar Closes Mostly Higher Boosted by Risk Aversion

posted by Alice 725 days ago in USD made popular 725 days ago

The U.S. Dollar finished the first full session back from the holiday week-end by posting gains against most major currencies. Risk aversion was the theme today as traders punished the Euro and the commodity linked-currencies while seeking shelte

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The Australian dollar gives up gains

posted by cleojosh 725 days ago in AUD made popular 725 days ago

The Australian dollar opened lower today, giving up earlier gains as investors moved away from risk assets on ongoing concerns in the eurozone and fears in the Middle East.

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Euro area unemployment rate at 10.1% EU27 at 9.7%

posted by fxgirlie 725 days ago in EUR, Employment made popular 725 days ago

The euro area (EA16) seasonally-adjusted unemployment rate was 10.1% in April 2010, compared with 10.0% in March. It was 9.2% in April 2009. The EU27 unemployment rate was 9.7% in April 2010, unchanged compared with March. It was 8.7% in April 20

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Euro zone jobless rate hits new high

posted by Holt 725 days ago in EUR, Employment made popular 725 days ago

Unemployment across the 16 countries that share the euro hit a record 10.1-per-cent rate in April, with almost 16 million people out of work, 1.3 million more than 12 months earlier, the European Union said yesterday.

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