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NZ dollar climbs above 68 US cents
The New Zealand dollar climbed above 68 US cents for the first time in 10 days after China moved to calm rattled investors, saying it didn t have plans to withdraw its exposure to the Euro-zone.
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Consumer morale falls for third month in May
British consumer confidence fell for the third month in a row in May as people grew more fearful about the economic outlook and health of their own finances, a survey showed on Friday.
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Gold Bullish Despite Frightening Deflation in Money Supply
The price of physical gold in wholesale dealing slipped from an early 6-session high in London on Thursday, ticking back to $1207 an ounce but remaining 3.1% higher for May-to-date.
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Dollar and Euro Gain Against The Yen
The Euro and U.S. dollar gained against the Japanese Yen early Monday (see the charts below).
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Japan's Yen Rises Above War Jitters, Deflation
Japan is again suffering from deflation. Prime Minister Yukio Hatoyama's ability to spur the economy is sharply constrained by record public debt exceeding 882.9 trillion yen ($9.78 trillion). It has the lowest interest rates of any developed nat
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U.S. Dollar could be Forming Major Top
The U.S. Dollar traded sharply lower on Thursday, giving the first indication in weeks that the event driven rally may be coming to an end. Pressure was on the Dollar all day led by the strong turnaround in the Euro. Additional pressure came from
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Oil prices rally
Oil prices rallied for a second straight day on Thursday as investors set aside worries for now about the European debt crisis and focused on rising stock markets and improving economic data.
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Usdjpy Technical Analysis
he Yen crosses sure have been interesting to trade and watch, especially over the past few days. I find that getting a grasp of the general direction on the usdjpy will often give clues regarding upcoming trading opportunities on the other
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The growth of U.S. GDP in the first quarter amounted to 3,0%
The growth of U.S. GDP in the first quarter amounted to 3,0%
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Recommendations on how beneficial are Forex Charts in Forex
If you need to trade in forex, you will need to have suitable resources and sufficient understanding on the forex trading. Forex charts are the most beneficial resources for forex trading which will help you in monitoring the currencies.
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More on the European Impact
Some clarification and expansion of my recent off-consensus analysis of the implications of the European debt crisis is in order. In short, I noted that lower energy costs and interest rates were generally positive for the US. Responses came from
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Forex Playbook: May 23-29 - Global Economy on the Brink
Risk appetite faced near destruction last week, with global equities and commodities valuations suffering their worst losses in recent memory.


