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how eurozone sovereign debt issue will affect gold prices
Precious metals prices will be dominated by events out of Europe next week, particularly after a monkey wrench was thrown into a deal to get Greece its next tranche of aid.
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Kitco gold prices forecast week feb 13- 17 2012
Most participants in the Kitco News Gold Survey expect gold prices to rise next week, but stay roughly in the current price range. In the Kitco News Gold Survey,
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Sterling drops vs dlr, but outperforms euro on Greece
Sterling fell against the dollar on Friday as a setback in Greece's efforts ...
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Canadian Dollar Drops Most in a Month as Europe Witholds Greek Bailout
Canada's dollar weakened the most in a month against its US counterpart after European finance ministers held back a second bailout package for Greece, damping demand for riskier assets. The Canadian currency retreated past parity with the US dollar ...
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Top 3 FX Movers: Australian Dollar, Euro Lead Majors Lower
The single currency has failed to break through the pivotally important 1.3300 figure. The failure has lent to a bout of selling, taking the Euro lower – and posing as one of the top three movers on the day. With consolidation likely in the imm
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USD/CHF Ranging Between 0.9088 and 0.9264
The bearish bias we saw in the previous update did not materialize into a breakout to the downside. Instead the market edged lower but bounced off the 0.9088 level. A The 1H chart shows that this came after a bullish divergence with the RSI readi
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NZD/USD Forecast February 10, 2012, Technical Analysis
The NZD/USD pair continued to grind sideways during the Thursday session as the pair takes a breather from the massive bull move it had recently seen. The Dollar is under pressure in general, and the commodity currencies have been loved since the
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Unrest in Greece Sends Euro Lower
Euro is lower as concerns about an incomplete Greek debt deal rise. Continued strikes in Greece, and general unrest in the country, are adding to worries that the Greek parliament won’t vote to accept new measures stipulated by Eurogroup.
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Markets Lower as Greece Fails to Implement Austerity Measure
Equity markets and high yielding currencies moved lower overnight on news stories that European finance ministers failed to pass its latest loan tranche of 130 billion Euros due to the lack of commitment in Greece to implement austerity measures.
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Pound Heads for Weekly Loss Versus Euro as House Prices Fall; Gilts Gain
There is still scope for some more BOE stimulus and that pushes the chance of UK interest rate increases far into the distance. The pound is on the back foot. The pound was little changed at 83.92 pence per euro at 9:24 am London time after falling ...
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Start buy-back programme Nutreco shares on 10 February 2012
Nutreco announces that its share buy-back programme for 700000 shares (approximately EUR 37 million) starts on 10 February 2012. The share buy-back programme will be executed with the purpose to cover future stock dividends and employee stock plans.
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US grains fall further on USDA forecasts
FUNDAMENTALS * US Agriculture Department lowered its projection of domestic wheat stocks for the 2011/12 crop year to 845 million bushels from 870 million bushels. Analysts, on average had been expecting wheat stocks of 867 million bushels.


