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Nordic Mines announces a fully underwritten rights issue of approximately SEK ...

posted by Avatar kulas 4 days ago in all made popular 3 days ago

... entered into for the purpose of hedging the price of gold, due June 30, 2012, for which the current spot price is higher than the contracted price why Nordic Mines has to pay the difference amounting to approximately EUR 2.0 million.  read more
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ForexLive Asian market wrap: Risk trades make modest recovery as Asia buys Gold

posted by Avatar kulas 10 days ago in AUD, Commodities made popular 10 days ago

AUD/USD followed its smaller neighbour higher and once Gold started to rise, the modest AUD recovery picked up a bit of pace. AUD/USD fell quickly by around 15 pips on the JP Morgan reports but overall its been a fairly insipid session.  read more
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Trend Micro Reports First Quarter Results

posted by Avatar kulas 16 days ago in JPY made popular 16 days ago

Based on information currently available to the company, consolidated net sales for the second quarter ending June 30, 2012 is expected to be 23300 million Yen (or US $291 million, based on an exchange rate of 80 JPY = 1USD). Operating income and net ...  read more
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AUD/USD at fresh 3-month low

posted by Avatar kulas 20 days ago in AUD

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
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AUD/USD Monthly Fundamental Forecast May 2012

posted by Avatar kulas 22 days ago in AUD made popular 22 days ago

The AUD/USD ended the month at 1.0423 but has fallen continuously since the RBA cut interest rates and growth forecast in early May. The Australian dollar (AUD) is in range-trading mode despite the Reserve Bank of Australia's unexpected decision to ...  read more
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UK GDP expectations

posted by Avatar kulas 32 days ago in GBP, Economic Indicators made popular 32 days ago

Tom: Hi Sean, what's your outlook on aud/usd? Trading strategies? rose: Agreed Sean esp. after soft statements from BOE Miles on B/berg thx Adam for... Nobody: Well with these sovereigns buying ups euros like mad you certainly don't want QE ...  read more
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London Session: Spain passes its first test of the week

posted by Avatar kulas 39 days ago in USD, EUR, JPY, CAD, AUD

It sold EUR 3.18bn exceeding its target of EUR 3bn, and the bid-to-cover ratio was also much stronger relative to a previous auction last month. However, the stronger demand was driven by a sharp increase in bond yields: the average yield Spain had to ...  read more
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EUR/USD, GBP/USD, USD/JPY And USD/CAD Daily Report: April 16, 2012

posted by Avatar kulas 40 days ago in EUR

Other economic reports showed that Michigan Confidence dipped to 75.7; this was somewhat disappointing, though it failed to shift sentiment. The Canadian dollar dipped against its American counterpart following less-than-stellar economic announcements ...  read more
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Daily Summary on USD, EUR, JPY, GBP, AUD, CAD and NZD

posted by Avatar kulas 43 days ago in EUR, NZD made popular 43 days ago

Concerns are once again focused on the Eurozone's ongoing struggles with debt, but this time in Spain and Italy, the fourth and third largest regional economies respectively. The prolonged dilemma serves to help the dollar as investors continue to turn ...  read more
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European Currencies rebound as tension eases in the debt market

posted by Avatar kulas 45 days ago in USD, EUR, CAD, AUD made popular 45 days ago

... sending high yielding currencies and other commodities to the downside on fears the pace of recovery in the world's largest economy is easing. However, during the session the European common currency and the sterling pound extended the gains, ...  read more
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Zijin Mining seeks controlling stake in Australian gold company

posted by Avatar kulas 50 days ago in AUD made popular 50 days ago

The Chinese company said in a statement to the Shanghai Stock Exchange that Zijin plans to offer AUD 229 million or AUD 0.25 per share for a controlling stake in the Australian miner. According to the statement the deal is subject to a number of ...  read more
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Corn extends gains on supply concerns

posted by Avatar kulas 53 days ago in all made popular 53 days ago

Oil fell on Tuesday as caution over lackluster demand growth and fading expectations for more monetary stimulus from the US central bank countered concerns about potential supply disruptions. US stocks fell on Tuesday, with the S&P 500 retreating from ...  read more