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Aussie Dollar's dive makes for a golden moment

posted by Avatar Sylvanna 734 days ago in AUD, Gold made popular 734 days ago

THE sharp retreat in the dollar has been working wonders for the local gold price. While the US dollar gold price is up all of 3 per cent in the past 30 days, the local price has put on 15 per cent, or $183 an ounce to $1413 an ounce.  read more
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Local gold producers gain from dollar's fall

posted by Avatar goldmint 734 days ago in USD, AUD, Gold made popular 734 days ago

While the US dollar gold price has increased all of 3 per cent in the last 30 days, the local price has put on 15 per cent, or $183 an ounce, to $1413 an ounce.  read more
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What It Would Take to Recover the Weakening Euro

posted by Avatar annie 735 days ago in USD, EUR

The euro was sold as a symbol of Europe's strength and as something that might one day rival the U.S. dollar for the title of world's reserve currency. It's turned out to be neither.  read more
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Oil bears emerge amid euro fears

posted by Avatar fahrell 735 days ago in EUR, Oil made popular 735 days ago

For the second time in two years, oil price bears have emerged from their dens to push crude sharply lower. By dropping more than 20 per cent from an 18-month high reached this month, crude officially entered bear territory last week.  read more
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Cable warns euro crisis could harm UK exports

posted by Avatar erzon 735 days ago in EUR, GBP, GDP made popular 735 days ago

Business secretary mindful of eurozone concerns but pledges to help British companies 'grow and flourish'  read more
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Copper, grains up as oil, gold fall

posted by Avatar neorix 735 days ago in USD, Oil, Metals made popular 735 days ago

Copper and a number of agricultural markets ended up on Friday as the euro rebounded but commodities remained vulnerable after last week's losses, which were among the year's worst, traders said.  read more
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Obama sets up oil spill panel

posted by Avatar vhinz316 735 days ago in USD, Oil made popular 735 days ago

An independent presidential commission has been set up to probe the huge oil spill from a wrecked BP-leased rig in the Gulf of Mexico, US President Barack Obama said yesterday.  read more
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Euro plunges vs yen on worries about EU unity

posted by Avatar annie 737 days ago in EUR, JPY, Trade made popular 737 days ago

The euro on Thursday fell to its lowest against the yen since November 2001 as investors fretted about a seeming lack of unity among euro zone leaders in addressing the region’s debt crisis.  read more
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FXTimes: Daily Video Technical Update 5.20.2010

posted by Avatar FXTimes 737 days ago in Technical, Daily, Special made popular 737 days ago

Today I will follow up on the EUR/USD, USD/JPY, GBP/JPY and AUD/USD. The EUR/USD is rally from a bottom, but the question remains if this is still a minor correction in a major downtrend. The USD/JPY pushes lower as the Yen is the sole beneficiar  read more
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Europe Sends Markets in Turmoil, Hurting Canadian Dollar

posted by Avatar commodityblog 737 days ago in USD, CAD, Fundamental made popular 737 days ago

The Canadian dollar sank today as the sovereign-debt crisis in the European Union and the increasing number of the jobless claims in the U.S. sent equities and commodity prices tumbling down.  read more
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Loan demand to buy US homes sinks post tax credit

posted by Avatar annie 738 days ago in USD, Housing made popular 738 days ago

Demand for loans to buy U.S. homes shriveled to a 13-year low last week, following the expiration of federal tax credits, while near-record low mortgage rates stoked refinancing, the Mortgage Bankers Association said on Wednesday.  read more
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Top 10 Business News Portals for Your Use

posted by Avatar webgal5 738 days ago in Fundamental made popular 738 days ago

From Wall Street in US to Dallal Street in Mumbai, India, every investor look at these sites to know about the current happenings in the world ofstock market.  read more