Feedback Form

Avatar smartypants

23 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

India Pitches for Higher Rating From Fitch

posted by Avatar smartypants 9 days ago in Economic Indicators made popular 9 days ago

"When you have this kind of inflow, a high CAD is normal," he said. CAD had touched 4 per cent of GDP at the end of December 2011. The Foreign Direct Investment (FDI) into India in the last fiscal was around USD 36.50 billion (around Rs 1.82 lakh ... read more
32 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

NZD/USD weekly outlook: May 7 - 11

posted by Avatar smartypants 20 days ago in NZD made popular 20 days ago

... data showed that the US economy added less jobs than forecast for a second successive month in April. NZD/USD hit 0.7936 on Friday, the pair's lowest since January 17; the pair subsequently consolidated at 0.7953 by close of trade, tumbling 3.24%. read more
33 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Oil Prices Hit 3 Month Low on US Payrolls Data

posted by Avatar smartypants 22 days ago in Commodities made popular 22 days ago

New York's main contract, light sweet crude or West Texas Intermediate (WTI), sank to USD 97.83 a barrel, striking a point last seen on February 10. "Crude oil prices have dropped sharply today as fears of a global economic slowdown increased," said ... read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

CAD, rising deficit to slow growth: Citi

posted by Avatar smartypants 25 days ago in CAD

Mumbai: Citigroup Global Markets has warned further downside risks to the economy, saying that the problems facing it by way of ballooning current account (CAD) and fiscal deficits are much more than they appear to be. Stating that the fiscal deficits ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Silver Seen Over $40/oz in 2012 Store of Value Remains Undervalued

posted by Avatar smartypants 36 days ago in Commodities

by Mark O'Byrne - GoldCore | View company's profile Gold's London AM fix this morning was USD 1640.00, EUR 1246.30, and GBP 1018.25 per ounce. Yesterday's AM fix was USD 1642.00, EUR 1249.91 and GBP 1022.73 per ounce. Silver is trading at $31.78/oz, ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Euro Joins Risk Rally But More Cautious Than Other Markets

posted by Avatar smartypants 38 days ago in EUR, AUD

Meanwhile, the Australian Dollar managed to shrug off an early dovish Minutes, with AUD/USD rallying back above 1.0400. Lack of any meaningful first tier economic data releases did not stop investors from being active, and a good deal of the risk-on ... read more
35 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Australia spotlights indigenous tourism, seeks to learn from New Zealand

posted by Avatar smartypants 57 days ago in AUD, NZD made popular 57 days ago

The Australian government is set to spend AUD $1 million on training indigenous people to welcome tourists, it announced this week. Speaking at the inaugural Pacific Asia Indigenous Tourism Conference in Darwin, a tourism government official told ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Soy rebounds on Chinese demand, corn near 1-month low

posted by Avatar smartypants 60 days ago in USD, EUR, AUD

The market's focus is now shifting to the US Department of Agriculture's quarterly grain-inventory and prospective plantings reports due on Friday. The department's estimates often cause wild price swings. China has been turning to the United States to ... read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/CAD holding to 0.9900

posted by Avatar smartypants 66 days ago in CAD

As of writing, the USD/CAD is testing the 0.9900 level. Mataf.net analysts point to resistances at 0.9905, 0.9950 and 0.9985. On the downside, supports might act at 0.9880, 0.9860 and 0.9845. Trading foreign exchange on margin carries a high level of ... read more
32 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Yen slumps to multimonth lows, new highs for euro

posted by Avatar smartypants 92 days ago in USD, JPY made popular 92 days ago

The Japanese currency has been on a downward trajectory for over a week amid monetary easing by the Bank of Japan, the country's shrinking current account surplus, interest rate differentials with the United States and rising crude oil prices. read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

BR AWARDS 2012 shortlist

posted by Avatar smartypants 96 days ago in EUR

Zebra Pay has 22 employees and posted a turnover of USD 750000 in 2011. Dragos Anastasiu, founder of the Eurolines group 17 years ago, struck a deal in 2011 with German company TUI Travel under which 25 of the local operator's agencies will be ... read more
3 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Japanese Yen Likely To Lose Value Faster Than The Dollar

posted by Avatar smartypants 96 days ago in JPY

Such strength is commonly ascribed to the US dollar, but the Dollar failed to offer the lasting performance you would expect during times of uncertainty. Standard Chartered's Global Head of FX Research, Callum Henderson, is still convinced that the ... read more