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India faces mass default and restructuring as devaluation looms

posted by Avatar goldmint 4 days ago in all made popular 4 days ago

India's mounting economic and political woes are prompting market players to raise the specter of a Greek-style crisis in Asia's third largest economy. This is not simply idle speculation.  read more
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USD/JPY soggy after Japan GDP

posted by Avatar goldmint 10 days ago in JPY, Economic Indicators made popular 10 days ago

Once neutral figures were published and it was know that Japan economic growth stood at 1% in Q1 vs 0.9% expected, 4.1% annualized vs 3.5% expected, the spot rate printed an upswing from 80.28 low to currently hover around 80.35.  read more
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USD/CAD Fundamental Analysis May 17, 2012, Forecast

posted by Avatar goldmint 10 days ago in CAD

The USD/CAD traded at 1.0099 up .0027 as the USD steamrolls over the Looney. Positive data in the US outweighed the strong manufacturing sales report in Canada to push the dollar upwards. The EU turmoil continues, even though Merkel and Hollande had ...  read more
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AUD/CAD broader bear trend in tact TD Securities

posted by Avatar goldmint 16 days ago in AUD made popular 16 days ago

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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US Dollar Index Fails to Clear Support, Breaks Above a Declining Channel

posted by Avatar goldmint 24 days ago in USD made popular 24 days ago

By Fan Yang The daily USD Index chart shows a market that has been flattened after a rally from Aug. 2011 to Jan. 2012. In April, the market fell from about 80.40 down to a previous support pivot near 78.80. As it tested this support, it also tested a ...  read more
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European Factors to Watch-Shares set for steady open, data eyed

posted by Avatar goldmint 31 days ago in all made popular 31 days ago

Bernanke said the Fed would not hesitate to launch another round of bond purchases if the economy were to weaken, but traders said an improving US labour market and some signs of recovery in the economy would discourage the central bank to take any ...  read more
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Gold climbs on bullish economic data, weak USD

posted by Avatar goldmint 36 days ago in EUR, Commodities made popular 36 days ago

By Forexpros | Commodities News | Apr 20, 2012 02:52PM GMT | Add a Comment Forexpros - Gold futures moved higher Friday as bullish European economic data helped spur interest in the precious metal. On the Comex division of the New York Mercantile ...  read more
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Canadian Dollar Gains on Speculation CPI Will Back Carney

posted by Avatar goldmint 36 days ago in CAD made popular 36 days ago

People are also selling dollar-Canada on the back of improved global sentiment. Canada's currency, nicknamed the loonie, advanced 0.4 percent to 99.14 cents per US dollar at 8:02 am in Toronto. One Canadian dollar buys $1.0087.  read more
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R. STAHL presents the annual financial statements 2011:

posted by Avatar goldmint 38 days ago in all

At the same time, the expert in explosion protection, based in Waldenburg, generated group sales amounting to EUR 242.9 million (previous year: EUR 222.6 million). At the end of the year, order backlog amounted to EUR 65.6 million (previous year: EUR ...  read more
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The Inter-market Correlations May Prove Insightful for Gold and Silver Investors

posted by Avatar goldmint 42 days ago in Commodities made popular 42 days ago

We have described the link between gold and stocks earlier in today's essay, so here we will focus on the other important factor when it comes to correlations, namely the correlation between the precious metals and the USD Index.  read more
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Widening current account deficit is a matter of concern, says Jalan

posted by Avatar goldmint 48 days ago in CAD

PTI Expressing concern over the country's widening current account deficit (CAD), the former RBI Governor, Mr Bimal Jalan, has asked the government to take tough decisions to deal with the problem. The country's CAD nearly doubled to $19.6 billion or ...  read more
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C$ weakens on global growth fears

posted by Avatar goldmint 58 days ago in all made popular 58 days ago

The Canadian dollar slid for the third straight session against the US ...  read more