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Fear of Grexit send Kiwi tumbling
This should keep weight in the sails of the NZD to keep her head above 75c for the medium term. Yet overnight fundamentals were not kind to the Kiwi at all. We witnessed the DOW drop 1% over Eurozone jitters, Gold down to USD$1544 oz, in-fact a total ...
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USD 398 makes 6th grade decision, twice
By BEN KLEINE The USD 398 board of education voted Monday to have the sixth grade class at Peabody-Burns Elementary School return to the elementary school instead of staying at the junior/senior high school as previously planned, but then reversed that ...
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Risk Sentiment Lower as Greek Bank Withdrawals Hit Extreme L
Risk sentiment was broadly lower overnight after a story in the Wall Street Journal showed that withdrawals from private banks in Greece totaled 700 million Euros on Monday, which indicators a severe lack of confidence in the country’s financial
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Could Advertising Risks Threaten Facebook’s Success?
The countdown for Facebook’s IPO launch on the NASDAQ continues (T-minus 2 days and 3 hours, give or take a few minutes) and spoilsports are already practicing their “I-told-you-so” speech, ready to whip it out at the first sign that the social m
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On Track: EADS Reports First Quarter (Q1) Results 2012
The interest result of EUR -73 million (Q1 2011: EUR -47 million) deteriorated compared to the 2011 level, mainly due to lower interest income related to the lower gross cash level and a reduction of the average interest rate compared to last year.
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Gold Fundamental Analysis May 16, 2012, Forecast
Analysis and Recommendations:Gold is trading at 1557.35 drifting lower below to fall as low $1550 an ounce, as the Euro sinks sharply against the US dollar. Ongoing political chaos in Greece raised concerns that the crisis will spill over to
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Binary Options Daily Setup May 16th 2012
Today, Wednesday, May 16th produces 4 new trading events. These events provide excellent trading opportunities for binary options traders. The U.S. Building Permits today, will probably have an effect on the USD/JPY.
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Technical Focus: USDCHF
USDCHF: With USDCHF breaking and hold above its key resistance at the 0.9331 level, it now looks to extend further upside gains towards the 0.9504 level, its Jan 13’2012 low.
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Singapore Stocks-May fall on Greece concerns
----------------------MARKET SNAPSHOT @ 0015 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1330.66 -0.57% -7.690 USD/JPY 80.27 0.1% 0.080 10-YR US TSY YLD 1.7705 -- 0.000 SPOT GOLD 1541.56 -0.16% -2.540 US CRUDE 93.14 -0.89% -0.840 DOW JONES ...
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Traders Pare Back Commodity Currency Longs, Pile On Euro Sho
In an interesting shift in demand, currency traders pared back on exposure to major commodity bloc currencies over the past weekly period ending May 8th. Notably, the recent risk aversion sentiment due to Europe has negatively affected both the
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GBP/USD Approaching Key Support Area Ahead of the BoE
The fell over the 5/15 Asian-European session, and continued to slide in early US session.The 1H chart shows the pair tagging the lower bollinger band which is 3 standard deviations from the 200 simple moving average here. The ability to do that
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GDP/USD: Trading the British Claimant Count Change
The UK Claimant Count Change measures the change in the number of people claiming unemployment benefits. Along with the Unemployment Rate indicator, which is released at the same time, it provides a snapshot of the employment market in the UK. A


