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GBP/USD Dips Further, Next Target 1.56

posted by Avatar sparksy 3 days ago in USD, EUR, JPY, CAD, AUD made popular 2 days ago

On Wednesday Pound/Dollar continued decreasing with 100 pips. The Cable depreciated from 1.5772 to 1.5668 yesterday, in line with the negative money flow sentiment at nearly -22%, closing the day at 1.5689. Today the British Pound weakened slightly ... read more
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Singapore Stocks-May open up; Global Logistic in focus

posted by Avatar sparksy 5 days ago in all made popular 5 days ago

----------------------MARKET SNAPSHOT @ 0008 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1315.99 1.6% 20.770 USD/JPY 79.38 0.14% 0.110 10-YR US TSY YLD 1.7568 -- 0.014 SPOT GOLD 1593.15 0.04% 0.600 US CRUDE 92.83 0.28% 0.260 DOW JONES ... read more
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Azad opposes transfer of Centaur Hotel to Govt

posted by Avatar sparksy 6 days ago in CAD made popular 6 days ago

CAD/PER/1021/320 dated 02.05.2012 written by the J&K government to the Hotel Corporation of India, in which the state government has clearly stated that it 'can outsource the work in the hotel'. After giving a patient hearing to the delegation the ... read more
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Malaysia-Market factors to watch May 16

posted by Avatar sparksy 11 days ago in Economic Indicators made popular 11 days ago

Former International Trade and Industry Minister Rafidah Aziz delivers talk entitled "Roles of SMEs in Creating a High Income Economy" at Menara Kuala Lumpur at 1400pm (0600). > Information, Communications and Culture Minister Rais Yatim attends ... read more
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SNB Logs CHF 1.7 Bln Loss In Q1

posted by Avatar sparksy 27 days ago in USD, CHF, AUD, NZD made popular 26 days ago

The report showed that losses on foreign currency positions totaled CHF 2.6 billion as the Swiss franc appreciated against major investment currencies. Meanwhile, a valuation gain of CHF 0.8 billion was achieved on the unchanged gold holdings. read more
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Gold and Silver Report - "Ag, Phone Home!"

posted by Avatar sparksy 36 days ago in CAD, Commodities

For example, the $800 million (CAD) gold mine project in Kamloops will run "dry" of its estimated gold deposit within 23 years. You say that gold prices will never drop again? Well, consider the analysis and projections offered by Chart Prophet Chief ... read more
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Kitcommentary from Kitco Metals Inc. - "Great Fedspectations Part Deux"

posted by Avatar sparksy 43 days ago in Commodities made popular 43 days ago

While the team does not discount further downside beyond this [$1580 support] level, they believe that price declines below the $1550 level will be short lived as long as the ZAR doesn't depreciate substantially against the USD. read more
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AUD/USD Preview Can Employment Data Seal the Deal for May RBA Rate Cut?

posted by Avatar sparksy 45 days ago in AUD, Economic Indicators made popular 45 days ago

That continues this string of poor fundamentals from that economy and increases the pressure for the RBA to lower interest rates. In the upcoming Thursday Asian morning session (or 9:30 PM on Wednesday NY time) we get latest reading on the labor market ... read more
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AUD/USD dealing with 1.0300 offers in late Asia

posted by Avatar sparksy 52 days ago in AUD made popular 52 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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Synopsys, Altera and TSMC Collaborate to Deliver Silicon-Accurate Parasitic ...

posted by Avatar sparksy 59 days ago in CAD made popular 59 days ago

"We have trusted StarRC as a standard parasitic extraction solution to realize our aggressive design and signoff analysis goals at the 40-nanometer node and above," said Eugene Chen, director of CAD engineering at Altera Corporation. read more
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U.S. Debt Remains A Challenge

posted by Avatar sparksy 62 days ago in USD, EUR made popular 61 days ago

Recession is unfolding in Europe. Austerity measures weigh on the economy, especially in the southern countries. Greece is saved for now, but problems will surface once money will run out again. Athens dropping out the euro zone within a few years is a ... read more
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NZD/USD hammered post New Zealand GDP

posted by Avatar sparksy 66 days ago in NZD made popular 66 days ago

NZD/USD tumbled below its recent lows at 0.8115 after New Zealand released poor economic growth data for the last quarter of 2011, with the number falling to +0.3% vs 0.6% expected, thus the selling stampede towards 0.8098, ... read more