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Euro Heads Towards Best Week Since September

posted by papsmir 708 days ago in EUR made popular 708 days ago

The euro headed towards its strongest weekly advance against the dollar since September, basking in the after-glow of a move to stress-test European bank balance sheets.

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Australia Dollar Weakness?

posted by papsmir 709 days ago in AUD

I have been following the Australian Dollar (Aussie as its nickname goes) for over 2 months now. I have been doing quite a lot of macro economic research on what impacted on the price rise in the past and what might impact the price of this curre

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Australian dollar opens strongly

posted by papsmir 712 days ago in AUD

The Australian dollar opened more than a cent higher after a weekend rally, although it dipped slightly after Greece was hit with a credit downgrade overnight.

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Oil falls to $72 on dollar, awaits US inventories

posted by papsmir 725 days ago in USD, Oil made popular 725 days ago

Oil fell to $72 on Wednesday, extending a nearly 2 percent drop in the previous session on gains for the dollar and negative sentiment pervading financial markets.

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Euro dip may help

posted by papsmir 728 days ago in EUR, Trade

How low can the euro go? Many economists think the 16-country currency is headed for a significant decline because of Europe's government debt crisis.

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EUR ends the week on a downer after Spanish downgrade

posted by papsmir 729 days ago in USD, EUR, Weekly

EUR/USD fell for much of the US session, pressured by central bank sales between 1.2420 and 1.2450. Several very large buy orders from German banks helped send the euro higher in Europe (one reportedly for EUR 2.5 bln) but the market was unable t

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Gold May Advance as European Concern Spurs Demand

posted by papsmir 730 days ago in EUR, Gold, Trade

Gold may advance as Europe’s sovereign-debt crisis boosts the precious metal’s appeal as a haven asset, a survey showed.

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Australian Dollar Goes Further Down Against Greenback

posted by papsmir 735 days ago in EUR, AUD made popular 735 days ago

EUR/AUD rose to about 1.4906 after opening at 1.4652.

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Euro extends gains on dollar

posted by papsmir 738 days ago in USD, EUR

The euro pared back earlier losses against the dollar Wednesday, after Germany said it would ban short selling on some European bank shares and the zone's government bonds.

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Gold falls from record on European market fears

posted by papsmir 743 days ago in EUR, Gold made popular 743 days ago

Gold futures fell from a record as some investors sold the metal to cover losses in other markets.The metal reached a record high of US$1,249.70 an ounce in before retreating as much as 0.9%. Stocks in Asia, Europe and the U.S. markets tumbled, a

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Gold futures top $1,233 an ounce on Globex

posted by papsmir 746 days ago in USD, EUR, Gold made popular 746 days ago

Gold futures topped $1,233 an ounce in electronic trading Wednesday morning in Asia, extending the hefty gains seen in New York as European debt concerns continued to draw investors to the precious-metals market.

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Learning Forex Day Trading Fast

posted by papsmir 749 days ago in USD, Special, Trading Psychology made popular 749 days ago

If you’re studying this piece, you are probably already familiar with the fact that the forex market or simply forex, is a huge profit generator for the skilled trader. And you probably already know that every day, $3 trillion are traded in the m

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