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25/05/2012Euro declines on Spanish bank run rumours
The euro fell to its lowest point against the USD since mid-2010 this week, as concerns about a Greek exit from the euro and a Spanish bank run escalated. Here is my latest update on the euro exchange rate, covering the 18th to 25th May 2012.
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US corn firms slightly on bargain hunting
Corn is down more than 8 percent on the week for the biggest weekly loss of the July contract after Monday's US Department of Agriculture weekly crop report showed that predicted 2012/13 ample supplies had yet to be damaged by hot weather in the United ...
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European Factors to Watch-Shares to advance; EU summit eyed
... MSCI ASIA EX-JP 1.38 % 6.46 EUR/USD 1.2789 -0.19 % -0.0024 USD/JPY 79.44 0.21 % 0.1700 10-YR US TSY YLD 1.762 -- 0.02 10-YR BUND YLD 1.449 -- 0.00 SPOT GOLD $1589.96 -0.16 % -$2.59 US CRUDE $92.83 0.28 % 0.26 * Markets extend gains on value hunt, ...
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Around the markets
Gold was up by 0.75% to $1548 but is now starting to ease back off those levels. Oil is trading back above $93/bbl. Any chance of momentum building in the FX market looks to be lost for this session at least, with AUD/USD and EUR/USD now backing off ...
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Chart AUD/JPY Update: Daily tools oversold, room for intraday rebound
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ...
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Australian Market Leads - 04/30/2012
By Christine Gaylican | April 30, 2012 10:01 AM EST Hope springs from global markets and is seen cascading towards the Australian domestic markets with key commodities stocks gaining with the weaker US dollar. Analysts from IG Markets, ...
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Tokyo Steel to keep sales prices unchanged for all products for
The present list prices of main products in base sizes are JPY 73000 per tonne FOT for H beams; JPY 72000 per tonne FOT for I beams; JPY 70000 per tonne FOT for channels; JPY 82000 per tonne FOT for U piles; JPY 55000 per tonne CIF for deformed bars; ...
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USD/JPY moderately bid; touches 81.55
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ...
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Canadian Dollar Extends Rally After Bank Of Canada Rate Rate Decision
The Canadian dollar edged sharply higher on Tuesday after the Bank of Canada signaled that it may raise borrowing costs in the near-future. The Bank of Canada announced Tuesday that it is maintaining its target for the overnight rate at 1 ...
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ForexLive North American wrap: Retail sales beat expectations
EUR/USD began to move up after retail sales but was capped by offers at 1.3050. As Spanish yields fell back below 6% the euro continued to rise. Demand at the London fixing led to a rally to 1.3073 but it wasn't until after Europe closed that the euro ...
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Matter of concern
The picture presented by the Reserve Bank of India of the country's current account deficit (CAD) is very disquieting. CAD is the difference between the export of goods and services and the foreign exchange outgo on imports and other payments.
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Current account deficit in Q3 widens to $19b
India's current account deficit (CAD) worsened to a record high of $19.4 billion, which is about 4.3 per cent of GDP, in the third quarter of 2011 from an upwardly revised deficit of $18.4 billion in the third quarter, when it was 4.1 per cent of GDP, ...


