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Silver Forecast May 16, 2012, Technical Analysis

posted by Avatar FXEmpire 11 days ago in Technical, Daily, Metals made popular 10 days ago

The silver markets fell hard on Tuesday as the rout in this market continues. All semblance of support has given way, and it looks as if this market will continue to be beaten up as the US dollar is favored currently.

The breakdown below the $ read more
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Crude Oil Update, Copper Update, Gold Silver Tips, Mentha O

posted by Avatar mmfssbm 11 days ago in Gold, Oil, Metals made popular 11 days ago

MCX Copper is bearish condition. Copper buy position with trading 424- 426 and copper down 419 to apply selling position. Natural gas is consolidate today strategy buy position, resistance 136-138 and support 131-128. BUY MENTHA OIL MAY ABOVE 1 read more
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Euro Tale Wags Currency Dog

posted by Avatar cashbackforex 11 days ago in Sentiment made popular 10 days ago

The aftermath from last week's Eurozone elections continue to weigh on the markets, and in currency markets, the threat of political change is the most important driver. read more
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Indonesia - Market Factors to watch - May 16

posted by Avatar eriathwen 11 days ago in all made popular 11 days ago

President Susilo Bambang Yudhoyono to give speech in the opening of National Coordination Meeting on Inflation Management Team. - Annual shareholders meeting of local retailer PT Ace Hardware at (0300) PRESS DIGEST ... read more
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EUR/USD Has 1.2625 in Sight; Greek Re-Election versus...

posted by Avatar FXTimes 11 days ago in EUR, Fundamental, Daily made popular 11 days ago

Traders are on a euro watch this week as political uncertainty is driving financial market tension. Today 5/15, a couple of key events headlines the press. 1) Greek coalition talks break down as President Karolos Papoulias says re-election will b read more
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Greek instability weighs on euro, risk currencies

posted by Avatar aussiemarket 11 days ago in all made popular 11 days ago

The euro held at four-month lows against the dollar on Wednesday ... read more
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Singapore Stocks-May fall on Greece concerns

posted by Avatar peigordon 11 days ago in JPY made popular 11 days ago

----------------------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 ... read more
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Short EUR/AUD as trade recommendation

posted by Avatar mattypark 11 days ago in EUR, AUD made popular 11 days ago

EUR/AUD could easily fall to 1.2500 multi-week" Sean Callow, FX Strategist in Sydney. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as ... read more
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The Opening Bell: Where currencies start for Wednesday, May 16, 2012

posted by Avatar tsukushi 11 days ago in NZD made popular 11 days ago

By Dan Bell The NZD/USD has tested new lows overnight, seeing 0.7677, after a 24 hours highlighted by poor domestic data and global risk aversion. Yesterday's downward revision of 2011 NZ GDP, and a drop in milk prices by 6.4% weighed on the Kiwi ... read more
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NZD suffers from toxic mix of global risk aversion and weakening domestic ...

posted by Avatar stephenie 11 days ago in NZD made popular 11 days ago

Early this morning the NZD/USD skidded to fresh lows for the year below 0.7700. Yesterday's NZ GDP revisions certainly did the NZD no favours. The downward revisions to 2011 annual growth (to 1.1% from 1.4%) kicked off a bout of NZD/AUD selling that ... read more
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Baytex Confirms Monthly Dividend for May at $0.22 Per Share

posted by Avatar PipChecker 11 days ago in CAD made popular 11 days ago

The US dollar equivalent dividend amount is approximately US$0.2196 per share assuming a foreign exchange rate of 0.9981 USD/CAD. The actual US dollar equivalent dividend for shareholders who hold through a brokerage firm will be based on the exchange ... read more
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Wheat Benefits from Weather, Oil & Rubber Slip on Greece

posted by Avatar commodityblog 11 days ago in Fundamental, Oil, Agriculture made popular 11 days ago

Wheat posted the biggest gain in more than two weeks as adverse weather in the United States threatens to curb output. Oil and rubber fell on political turmoil in Greece. read more