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Preemptive Defaults

posted by Avatar tradingpip 1035 days ago in Fundamental, Consumer made popular 1035 days ago

Many consumers, trapped in a whirlpool of debt, interest payments, and fees spiraling out of control, finally see the light of preemptive defaults and elect to walk away. read more
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$A dollar opens higher on US bond hopes

posted by Avatar Leong 1035 days ago in USD, AUD made popular 1035 days ago

The Australian dollar opened higher on Monday after investors became alarmed at the prospect of a record high bond auction in the US. read more
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NZ dollar keeps within tight range

posted by Avatar Lacy 1035 days ago in NZD made popular 1035 days ago

The New Zealand dollar stayed within comparatively restricted trading ranges overnight Friday, as markets faced a lack of real direction. read more
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Euro gains broadly, sterling stumbles

posted by Avatar cane 1037 days ago in EUR, GBP made popular 1037 days ago

The euro rose broadly on Friday. By 1100 GMT, the euro traded 0.7% higher at 86.45 pence, near the day’s high of 86.53 pence, according to Reuters data. read more
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The Week Ahead updated July 24, 2009

posted by Avatar MonteAmor 1037 days ago in Fundamental, Special

In FX, the USD approached lows for the year against most other currencies ex-JPY, but has failed to break down as stocks broke higher. read more
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Greenback ends higher versus rupee

posted by Avatar Tantan 1037 days ago in USD

The dollar continued its upward march against the rupee in the interbank market, dealers said on Friday. read more
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Oil gains for second straight week on economic optimism

posted by Avatar Regon 1037 days ago in Fundamental, Oil

Oil prices ended above 68 U.S. dollars a barrel on Friday and gained for the second straight week as investors felt more confident about the global economy. read more
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Gold inches lower on profit-taking

posted by Avatar edzy 1037 days ago in Gold

Gold futures on the COMEX Division of the New York Mercantile Exchange fell slightly on Friday as investors booked profits after the precious metal hit a six-week high in the previous session. read more
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This week's Real Estate stories

posted by Avatar HousingMarket 1037 days ago in Housing

The Federal Reserve Board this week proposed improving the disclosures consumers receive on their mortgages. read more
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Dollar mixed on disappointing earnings

posted by Avatar LadyBroker 1037 days ago in USD made popular 1037 days ago

The dollar rose against the pound but slipped versus the euro Friday after Microsoft Corp. and Amazon.com Inc. posted disappointing profit reports, while a closely watched survey suggested the European economy may be stabilizing after a steep dro read more
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Daily Currency Forecast: Reinstate Long Positions in the Yen

posted by Avatar yen2yen 1037 days ago in USD, EUR, JPY made popular 1037 days ago

Yesterday's inability of the Euro to forge ahead, boosted by the tail wind of sharply higher equities is concerning for the bulls. In the US session the pair did punch through for a new high for the move, and elicited stops. read more
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Daily Gold Commentary

posted by Avatar goldmint 1037 days ago in Daily, Gold made popular 1037 days ago

Gold failed to participate in the S&P’s surge yesterday, opting to sink towards our 2nd tier uptrend line on climbing volume. read more