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Why Has Gold Fallen In Price And What Is The Outlook?

posted by Avatar MonteAmor 5 days ago in USD, EUR, GBP, CAD, AUD, Commodities made popular 5 days ago

By Mark O`byrne Gold's London AM fix this morning was USD 1590.25, EUR 1245.20, and GBP 1005.34 per ounce. Friday's AM fix was USD 1588.00, EUR 1251.08 and GBP 1005.13 per ounce. Silver is trading at $28.45/oz, 22.37/oz and 18.06/oz. read more
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Uncertainty lingers in the markets

posted by Avatar MonteAmor 13 days ago in USD, EUR, CHF, CAD, AUD made popular 12 days ago

The Swiss Producer Import Price figures will be released at 07:15 GMT, as the euro against the Swiss franc (CHF) remains in a narrow band just above the 1.20 floor. The Swiss National Bank (SNB) Chairman is due to speak at 15:45 GMT and investors are ... read more
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AUD/USD awaits Australia trade balance at day highs below 1.0220

posted by Avatar MonteAmor 19 days ago in AUD made popular 19 days ago

AUD/USD is currently at 1.0219 on the bounce, slightly below Monday's highs by NY close at 1.0220, some +0.27% above previous weekly close last Friday. The pair hit a record 2012 low yesterday at 1.0098 following electoral ... read more
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US Dollar Index up ahead of NFP

posted by Avatar MonteAmor 22 days ago in USD, CHF

Later on, US NFP is due as well as the unemployment rate. Market consensus expect +170k and 8.2% respectively. At the moment: AUD -0.15%, EUR -0.13 GBP -0.04% NZD -0.20%, CAD +0.02% CHF +0.15% and JPY -0.07%. Wall St. futures are down 0.14% at 13180 ... read more
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Australian Dollar Holds Firm Ahead Of A Likely Rate Cut

posted by Avatar MonteAmor 27 days ago in all, USD, GBP, AUD made popular 27 days ago

Australian dollar looks ready for a fresh rally against the US dollar? Over the past two weeks, the Australian dollar has also held steady against the Japanese yen (AUD/JPY) and Swiss franc (AUD/CHF). The Aussie has lost a lot of ground against the ... read more
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GBP Trades Higher Ahead of Key Data

posted by Avatar MonteAmor 38 days ago in USD, EUR, GBP, CAD, AUD

Any low vote by the BoE's Monetary Policy Committee (MPC) members in favour of further stimulus could be a positive for the GBP. Recent uptick in the UK economic data has lessened the expectations for further quantitative easing (QE) by BoE. read more
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EUR/USD and GBP/USD to trade in tight ranges - BBH

posted by Avatar MonteAmor 44 days ago in EUR

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, ... read more
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Yen buoyed near multi-week highs as risk aversion climbs

posted by Avatar MonteAmor 46 days ago in all made popular 45 days ago

* Worries about global growth hurt risk sentiment * Yen hits 5-week high vs dollar, 2-month high vs Aussie * Further yen gains may be capped by BOJ easing speculation * Rise in euro zone debt yields stoke fear of crisis relapse By Hideyuki Sano TOKYO, ... read more
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Currencies Likely to See More Consolidation in Razor Thin Holiday Trade

posted by Avatar MonteAmor 50 days ago in EUR, Economic Indicators

The European calendar was extremely light with no meaningful economic data releases, although things could get a bit more interesting into North America with the US monthly NFP employment report. Still, with equity markets closed and razor thin ... read more
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US ADP private payrolls rose 209k in Mar

posted by Avatar MonteAmor 52 days ago in USD, EUR made popular 52 days ago

This was Spain's first auction since it revised its 2012 public debt projections higher to 80% of GDP. Spain's 10yr government bond yields rose 25bp to 5.71% - a three month high, other peripherals also affected (Greece +84bp, Italy and Portugal +21bp) ... read more
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Philippines - Market factors to watch - April 4

posted by Avatar MonteAmor 53 days ago in all

Following are some news stories and press reports that could influence local financial markets on Wednesday: WHAT IS HAPPENING TODAY IN THE PHILIPPINES - Statistics office to release annual inflation data for March, ... read more
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A bit of dollar-buying creeps in

posted by Avatar MonteAmor 53 days ago in CHF

By Adam Button || April 3, 2012 at 22:43 GMT The US dollar is beginning to find a small bid with USD/CHF and GBP/USD at the vanguard with USD/JPY moving sideways. I would have expected a larger bounce after the minutes but the market is aggressively ... read more