Feedback Form

Avatar benin

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

Our aim is to recover pre-crisis growth momentum: Pranab

posted by Avatar benin 22 days ago in Economic Indicators

The Finance Minister said despite adverse international environment, India managed to maintain GDP growth rate of about 7% in 2011-12. "I am confident that the strong fundamentals of our economy will help us return to a sustained growth path of 8 to ... read more
28 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Freaky Friday to Break EUR?

posted by Avatar benin 43 days ago in EUR made popular 43 days ago

Throw into the mix stronger Aussie employment, higher demand for Chinese loans and even better than expected industrial production expansion from the Euro-zone had many of the EUR's bears concerned. In reality, outright short EUR positions have been ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD Index Threatens Upward Trend, Yen Weakness To Gather Pace

posted by Avatar benin 60 days ago in USD

Despite the dovish rhetoric from Fed Chairman Ben Bernanke, New York Fed President William Dudley, who's also a permanent member of the FOMC, struck an improved outlook for the US as he expects the economy to grow 'at a moderate pace,' and it seems as ... read more
42 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Euro Heavy As Spain Bond Auction Disappoints, OECD Sees More Easing

posted by Avatar benin 60 days ago in USD, EUR, GBP made popular 60 days ago

As the central bank takes note of the more robust recovery, we should see Fed officials strike an improved outlook for the world', but the economic docket may dampen the appeal of the USD as we're expecting to see household sentiment fall back from a ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Gold hits 8-week high as investors bet on more gains

posted by Avatar benin 114 days ago in all

An early rise in stock markets and the euro ran out of steam on Thursday, with the single currency easing against the dollar as investors awaited a debt swap deal between heavily-indebted Greece and its private creditors. Worries over the euro zone ... read more
34 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

FX Technical Outlook - Monday 30th January

posted by Avatar benin 118 days ago in USD made popular 118 days ago

Fed Governor, Dudley, did little to help the dollar with his dovish comments on the outlook for the economy, extenuating hopes of QE3. Interestingly though Equities failed to follow up on this, finishing very slightly lower in the US. read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Flash: Inflows return to AUD, NZD - UBS

posted by Avatar benin 130 days ago in NZD

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 for you. Before deciding to trade foreign exchange you should carefully consider your ... read more
37 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

US corn/wheat drop further after plunge on USDA report

posted by Avatar benin 135 days ago in USD, EUR, AUD made popular 135 days ago

US corn and wheat futures extended falls in early Asian trade on Friday, while soy was steady, following sharp losses in the previous session after a bearish US Agriculture Department's crop report. ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Chart AUD/NZD Update: Confined within 1.3180/1.3092 range

posted by Avatar benin 142 days ago in NZD

by FXMarketAlerts Team - FXMarketAlerts | View company's profile Choppy price action keeping trade confined within the 1.3180/1.3092 range. Would need lift over 1.3180 to set up scope for retest of the 1.3270/75 highs. Risk is seen for setback to ... read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Canadian dollar at 11 am ET

posted by Avatar benin 142 days ago in CAD made popular 142 days ago

We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn't know, mark it high. If you thought it was well written, do the same. If it doesn't meet your standards, ... read more
25 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

New Year Optimism Increased Risk Appetite Weakening The Dollar Across The Board

posted by Avatar benin 143 days ago in Economic Indicators made popular 143 days ago

GBP/USD: Traded higher yesterday as positive UK Manufacturing PMI data was announced. It opened at 1.5510 and reached a high of 1.5668 by the US session. Market optimism was enough to keep the dollar weak across the board yesterday, but the optimism ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Liquidity is a Problem

posted by Avatar benin 143 days ago in CHF

Does this increase concerns about CHF strength? Not yet, as it is far from clear that it's anything more than a 1 month reprieve. Much the same applies to many other PMIs. The EZ PMI stabilized below 50. Ditto Germany. ... read more