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Dollar peg is dead as China vows yuan flexibility

posted by chezka 602 days ago in USD made popular 601 days ago

China on Saturday said it would gradually make the yuan more flexible, in a gesture that may deflect foreign criticism at next week’s G20 summit, but will not quickly yield a big move by its currency. U.S. President Barack Obama, who prodded Chin

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Oil prices up for third day running

posted by chezka 604 days ago in USD, Oil

Oil prices rose for the third day running in New York, lifted by a surprise drop in US gasoline inventories that stoked demand hopes for the world's biggest energy-consuming nation as the holiday season approaches.

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The Best Strategy Of Forex Trading!

posted by chezka 609 days ago in Special, Trading Psychology

Trade in the market Forex – the world currency market, was popular always, even now during world crisis players do not give in. Players have round-the-clock access to Forex, but for successful work in the given market it is necessary to have cert

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EUR/USD Spiked after Positive News in China and Europe

posted by chezka 610 days ago in USD, EUR made popular 610 days ago

It appears a violent breach of the lower border on the daily chart’s Bollinger Bands has recently occurred, signaling that there is upward pressure on this pair. Supporting this notion is an imminent bullish cross on the daily chart’s Slow Stocha

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USD Edge Down After A Brief Turn Higher Vs Euro

posted by chezka 614 days ago in USD

The dollar turned back down on Monday as investors' attitude toward riskier assets -- including stocks, commodities, and higher-yielding currencies -- remains the dominant theme in currency markets in the near term, maintaining a bias toward a we

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Gold prices dip as euro rises slightly

posted by chezka 618 days ago in EUR, Gold, Trade made popular 618 days ago

Gold took a pause from its recent run-up Wednesday as the euro strengthened. Investors are pulling money out of gold as the euro bounces off of a four-year low. Investors see gold as a safe alternative to the European common currency, which has b

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GDP growth in line with forecasts

posted by chezka 619 days ago in AUD, GDP, Inflation made popular 619 days ago

Australia's economy expanded in line with market forecasts in the March quarter but the expected boost from rising prices for the nation's exports would prompt the central bank to lift interest rates later in 2010, economists say.

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Canada’s Q1 growth tops 6%

posted by chezka 621 days ago in CAD, GDP, Inflation

Canada’s economy grew at its fastest pace in a decade in the first quarter, beating forecasts and boosting the chances the Bank of Canada will raise interest rates on Tuesday.

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German inflation picks up to 1.2 percent in May

posted by chezka 624 days ago in EUR, Inflation made popular 624 days ago

German inflation accelerated in May owing to a pickup in the cost of energy, official figures showed Thursday. Inflation in the biggest European economy was put at 1.2 percent on an annualised basis, up from one percent in April, the Destatis sta

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Recommendations on how beneficial are Forex Charts in Forex

posted by chezka 629 days ago in Special, Trading Psychology

If you need to trade in forex, you will need to have suitable resources and sufficient understanding on the forex trading. Forex charts are the most beneficial resources for forex trading which will help you in monitoring the currencies.

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Inflation, sales throw rate in doubt

posted by chezka 629 days ago in CAD, Inflation

Higher-than-expected inflation and retail sales have complicated debate over whether the Bank of Canada will raise costs at its June 1 meeting or be persuaded to hold off amid volatility in financial markets.

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Japan recovering despite deflation

posted by chezka 631 days ago in JPY, GDP made popular 631 days ago

Japan's economy gathered pace in the first three months of the year but missed forecasts, data showed Thursday, illustrating that an accelerating export-driven recovery remains threatened by deflation.

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