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Gold still 'the safest haven': hits $1260/oz

posted by Binsonu 707 days ago in USD, Gold

Gold prices are set for yet another bull run on the back of concerns running high about European economy and investors rushing for gold under haven buying. The movement well understood when most of the investors opined that gold persist as the mo

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Swiss Franc ETF Set to Soar

posted by Binsonu 708 days ago in USD, CHF made popular 708 days ago

The fiscal woes of the eurozone have been well chronicled in recent weeks, with each crisis of confidence sending the common currency to new lows against the U.S. dollar.

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How Gold and Silver prices cause currency systems to crash

posted by Binsonu 710 days ago in Daily, Gold, Metals made popular 710 days ago

At most Business Schools you won´t learn the real causes of currency crashes. But from historic perspective it has been a consequence of a distorted Gold – Currency relationship, causing huge outflows of Gold

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Gold slips below $1,220/oz as risk appetite firms

posted by Binsonu 712 days ago in USD, EUR, Gold

Gold slipped below $1,220 an ounce in Europe on Monday as improving appetite for assets seen as higher risk, such as equities and the euro, lessened interest in the metal as a safe haven investment.

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Ringgit Likely To Weaken Against Greenback Next Week

posted by Binsonu 714 days ago in USD, Weekly made popular 714 days ago

The ringgit is likely to weaken against the US dollar again next week following the recovery of the greenback as investors resume dollar buying, dealers said.

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Euro continues to strengthen against dollar due to recovery

posted by Binsonu 715 days ago in EUR made popular 715 days ago

The Euro continued to strengthen against the U.S. dollar as investors and markets found more confidence and optimism in Europe’s economic recovery, the European Central Bank (ECB) announced.

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UK manufacturing resilient as inflation fears rise

posted by Binsonu 715 days ago in GBP, Manufacturing

British economic indicators continued to give mixed signals Friday, as manufacturing showed signs of resilience but a separate survey detected growing concern among consumers about inflation.

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Gold rebounds after 1 pct drop, equity gains may weigh

posted by Binsonu 716 days ago in USD, Gold made popular 716 days ago

Gold rebounded on short covering on Friday after falling around 1 percent in the previous session, while a rise in ETF holdings to another record showed bullion still attracted buying from investors.

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Aussie dollar higher by noon

posted by Binsonu 724 days ago in AUD made popular 724 days ago

THE Australian dollar was higher at noon as investors continued to move into risk assets on the release of strong domestic trade data.

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Canada is first G7 state to hike rates

posted by Binsonu 725 days ago in CAD, Inflation made popular 725 days ago

THE Bank of Canada has become the first G7 central bank to hike interest rates at its monthly meeting.

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Oil edges up

posted by Binsonu 726 days ago in EUR, Oil made popular 726 days ago

Oil prices edged higher in Asian trade Monday as the dollar weakened against the euro, spurring investor demand for crude futures, analysts said.

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As euro falls, American consumers watch for deals

posted by Binsonu 727 days ago in USD, EUR, Consumer made popular 727 days ago

The Greek crisis contagion has pushed the euro into free fall for months now. Every day seems to mark a new low; many analysts predict it will drop below $1.20 in the near future, and some more-bearish currency experts are even predicting parity

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