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USD Remains Strong Despite March Business Inventories Grew Less Than Expected

posted by Avatar jingco 11 days ago in USD made popular 11 days ago

According to a report issued by the Commerce Department today, manufacturers' and trade inventories, adjusted for seasonal variations but not for price changes, rose 0.3 percent to $1580.2 billion in March, following a 0.6 percent gain in February and ... read more
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Golden Reign Completes Early Earn-In of 80% Interest in Flagship San Albino ...

posted by Avatar jingco 19 days ago in Commodities made popular 19 days ago

Pursuant to the terms of the property option agreement, consideration paid for the Earned Interest consisted of: -- aggregate cash payments totalling USD$450000 -- the issuance of 4000000 common shares of Golden Reign -- exploration expenditures of ... read more
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Telus: Which Side Of This Arbitrage Trade Should You Be On?

posted by Avatar jingco 23 days ago in USD, CAD made popular 23 days ago

TU is currently trading at 58.82 USD, T.TO at 60.1144 USD (converted from 58.96 CAD). This is a spread of ~2.2% If the exchange happens, this spread will collapse. If the exchange is blocked, the spread will increase to 4-5%. read more
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EUR/USD around 1.3200 ahead of FOMC

posted by Avatar jingco 32 days ago in EUR made popular 32 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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Aussie at 2-wk low as inflation data opens door to rate cut

posted by Avatar jingco 33 days ago in all

The Australian dollar hit a two-week trough on Tuesday after ... read more
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EUR/USD Forex Forecast Weekly Review 23 April 12

posted by Avatar jingco 34 days ago in USD, EUR

... forecast review of the EUR/USD, we noted that both SMAs were flat and that indicated possible uncertainty. Fundamentally we noted that China's growth had slowed and a number of US Federal Reserve heads were inclined towards a low interest rate for ... read more
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USD/JPY Forecast for the Week of April 9, 2012, Technical Analysis

posted by Avatar jingco 49 days ago in USD, JPY

The economic picture is much stronger in the US, and although there aren't necessarily signs of interest rate hikes it certainly is coming much soon than in Japan. The Japanese demographic is changing rapidly as the population ages. read more
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FX EUR/USD: What's driving EUR/USD?

posted by Avatar jingco 51 days ago in EUR, CHF made popular 51 days ago

FX - CHF correlates 91.93% with GBP, 91.86% with DXY (neg) 83% with NZD... Other drivers - CHF correlates 93.25% with DAX, 83.5% with Italian 5-Yr Tsy yields, 82% gold, 79% Bovespa, 77% copper, 76.5% IT stocks... DAX correlates with S&P 500 (99.98) ... read more
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AUD/USD chatter

posted by Avatar jingco 52 days ago in EUR, AUD made popular 52 days ago

On the other hand, the renewed jitters surrounding European debt markets might encourage asset managers to buy AUD again so EUR/AUD will be worth watching. The content of this field will not be shown publicly. Greg Michalowski: Good luck Ramesh. read more
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Operational and Financial Highlights for 2011

posted by Avatar jingco 54 days ago in CAD made popular 54 days ago

The decrease in fair value of Petromanas (TSX-V: PMI) of $42891819 is mainly due to the share price decline from CAD 0.40 at the beginning of the year to CAD 0.155 at December 31, 2011. Net loss for the twelve-month period ended December 31, ... read more
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Volatility expected in euro ahead of UK Q4 GDP report

posted by Avatar jingco 62 days ago in NZD, Economic Indicators made popular 62 days ago

Domestically, the news wasn't much better. Last week's disappointing NZ GDP growth figures and milk price slide simply added to the weight on the currency. We suspect speculative accounts have been behind much of the recent NZD/USD selling. read more
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China likely to cut rates: Report

posted by Avatar jingco 91 days ago in EUR

PTI China's central bank, People's Bank of China, may cut interest rates by 25 basis points each in the second and third quarter to revive the economic growth which is impacted by slowdown in Euro zone and the US, a research note said here. read more