Feedback Form

Avatar Dan

5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Pound Falls After IMF Say BoE To Cut Rates, Provide Further QE

posted by Avatar Dan 4 days ago in USD, GBP, CAD made popular 4 days ago

The pound was also under pressure after a report showed that UK annual inflation slowed more than expected in April and reached the lowest since February 2010. Data from the Office for National Statistics showed that consumer price inflation fell to 3 ...  read more
28 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Indonesia - Market Factors to watch - May 21

posted by Avatar Dan 6 days ago in all made popular 6 days ago

----------------------MARKET SNAPSHOT @ 0017 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1295.22 -0.74% -9.640 USD/JPY 79.13 -0.04% -0.030 10-YR US TSY YLD 1.7363 -- 0.014 SPOT GOLD 1596.63 0.29% 4.630 US CRUDE 91.53 0.05% 0.050 DOW JONES ...  read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

U.K. March Visible Trade Gap Unchanged At GBP 8.6 Bln

posted by Avatar Dan 11 days ago in all, USD, EUR, GBP

The UK trade deficit came in at GBP 8.6 billion in March, unchanged compared with February, the Office for National Statistics said Tuesday. The expected shortfall was GBP 8.4 billion. The visible trade deficit with EU nations widened to ...  read more
28 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Gold and silver imports decline 33% in April

posted by Avatar Dan 16 days ago in Commodities made popular 16 days ago

New Delhi: Gold and silver imports fell sharply by 33 percent in April at USD 3.1 billion following a prolonged strike by jewellers who protested levy of excise duty on unbranded jewellery and hike in customs duty. India had imported gold and silver ...  read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Cornerstone Issues First Tranche of Shares for Miocene Gold-Silver-Copper ...

posted by Avatar Dan 22 days ago in CAD, Commodities

... Miocene gold-silver- copper project located in northern Chile, it has now issued the first tranche of 307692 common shares (CAD$20000 value) and paid the sum of CAD$20000 to the licensors of a proprietary database covering the Miocene project area.  read more
28 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

AUD/USD down 1 cent on RBA 50bp cut

posted by Avatar Dan 26 days ago in AUD made popular 26 days ago

On the statement the RBA stated the economy is currently somewhat weaker than expected with inflation having moderated again. The 50bp rate delivers the appropriate decision it was mentioned. RBA rate is now 3-75% from 4.25%. RBA cut is the biggest cut ...  read more
36 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Dollar hesitates ahead of inflation data

posted by Avatar Dan 33 days ago in AUD made popular 33 days ago

The Australian dollar is virtually back where is was at the end of Monday's local session as traders await the release of inflation data. Early this morning, the local unit was trading at 103.19 US cents, a touch up from 103.18 cents on Monday.  read more
41 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Euro To Threaten 1.3000, Bullish Sterling Formation To Gather Pace

posted by Avatar Dan 33 days ago in USD, EUR, GBP made popular 33 days ago

By DailyFX 04/23/12 - 09:40 AM EDT By David Song, Currency Analyst The Euro weakened to 1.3119 as the developments coming out of the region sparked fears for a prolonged recession, and the single currency may face additional headwinds over the ...  read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CAD-Loonie ebbs after Carney talks mortgages

posted by Avatar Dan 38 days ago in CAD

USD/CAD is trading higher after BoC's Carney elucidated on yesterday's BoC headlines. Nothing new, he's still withdrawing stimulus at some point. He also noted once again that Canadians are strapped on borrowing against their houses; data reveals that ...  read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/USD weekly outlook: April 16 - 20

posted by Avatar Dan 41 days ago in EUR

... while fears over the outlook for global economic growth also weighed. EUR/USD hit 1.3211 on Thursday, the pair's highest since April 4; the pair subsequently consolidated at 1.3076 by close of trade on Friday, slipping 0.18% on the week.  read more
31 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

EUR/USD trading flat pre non farm payrolls

posted by Avatar Dan 50 days ago in EUR made popular 50 days ago

The jobless rate is forecasted to have held a three year low of 8.3% in a separate report released today. Investors can anticipate strength to be supported in the greenback should these figures be exceeded when the data is released.  read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

ECB meeting: Early Easter holiday

posted by Avatar Dan 52 days ago in EUR

The ECB kept the leading interest rate unchanged at 1% as widely expected and did not discuss rate changes at today's Governing Council meeting. There were no changes in the use of non-standard measures and Draghi only offered small changes in the ...  read more