FreshPips.com / User / sophia / Submitted

Gold Prices Top Record, Break Through $1,260

posted by sophia 708 days ago in USD, Gold made popular 708 days ago

Gold for August delivery was popping $12.70 to $1,261.40 an ounce at the
Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,262 and as low as $1,243.10. The U.S. dollar index was slipping 0.07% to $85.62

Discuss

Yen Advances for 5th Day as Japan Pledges to Cut Debt Levels

posted by sophia 709 days ago in JPY made popular 709 days ago

The yen gained for a fifth day against the dollar after Japanese Prime Minister Naoto Kan pledged to cut the world’s largest public debt, saying failure to do so may undermine the country’s sovereignty.

Discuss

Euro retreats after Greece downgrade renews concerns

posted by sophia 711 days ago in EUR, Trade made popular 711 days ago

The euro retreated on Monday as downgrade of Greece's debt to junk status by ratings agency Moody's renewed concerns about euro zone debt, dampening sentiment and cutting short a rally in the currency.

Discuss

NZ dollar tops US70c overnight

posted by sophia 712 days ago in NZD made popular 712 days ago

The NZ dollar pushed to its highest level in four weeks against major currencies overnight as investors rediscovered a taste for risk, although the kiwi later fell away as stocks in the United States reversed earlier gains.

Discuss

Gold to Rise?

posted by sophia 714 days ago in USD, Gold made popular 714 days ago

So with the credit crunch and economic slump still with us, oil still sliding (and giving confusing pricing signals) what will gold do this year? The inflation bears look at all the government debt and say, it’s good news for us, even though pric

Discuss

Canadian employment rises

posted by sophia 716 days ago in CAD, Employment made popular 716 days ago

Canadian employment rose by 25,000 in May, the fifth consecutive monthly increase. The unemployment rate was unchanged at 8.1% from April.

Discuss

Falling euro hits Vietnam’s export

posted by sophia 725 days ago in USD, EUR made popular 725 days ago

Negotiations of contracts for Vietnam’s exports to the European Union have been delayed due to the weakening euro and the stronger US dollar.

Discuss

House prices up 2 percent in May

posted by sophia 727 days ago in GBP made popular 727 days ago

House prices in England and Wales are 2.0 percent up on a year ago, the biggest annual rise since January 2008, though non-seasonally adjusted monthly data point to a slowdown, property data company Hometrack said Monday.

Discuss

Essentials of Foreign Exchange Trading

posted by sophia 728 days ago in Special, Trading Psychology made popular 728 days ago

This currency trading book provides readers with real, practical information on how to trade the foreign exchange market effectively. It begins by covering introductory information on the forex market, including basic trading mechanics and th

Discuss

Inflation rate rises to 7.3 per cent

posted by sophia 729 days ago in USD, Inflation, Retail Sales made popular 729 days ago

Inflation has continued on an upward trend for the fourth consecutive month, said the Central Statistical Office (CSO).In its repo rate report released yesterday, the Central Bank said that headline inflation, measured by the 12-month increase in

Discuss

Oil jumps to 2-week high above $75 as equities rally

posted by sophia 730 days ago in USD, Oil made popular 730 days ago

Oil extended gains to touch a two-week high above $75 on Friday, heading for the first weekly gain in almost a month, aided by rallying stock markets and expectations of rising U.S. consumption as vacationers take to the roads.

Discuss

Selling Euros for Kiwis Delivers Yield From Merkel

posted by sophia 734 days ago in EUR, CHF, Inflation made popular 734 days ago

The fastest convergence in short-term interest rates in almost a year is making the euro a surprise addition to currencies used to finance investments in higher- yielding assets.

Discuss