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AUD eases lower after risk appetite wanes

posted by Avatar jasumine 710 days ago in AUD made popular 710 days ago

The Australian dollar opened lower on Thursday as risk aversion returned after BP agreed to place $US20 billion ($23 billion) into an oil spill victims fund.  read more
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How Gold and Silver prices cause currency systems to crash

posted by Avatar Binsonu 710 days ago in Daily, Gold, Metals made popular 710 days ago

At most Business Schools you won´t learn the real causes of currency crashes. But from historic perspective it has been a consequence of a distorted Gold – Currency relationship, causing huge outflows of Gold  read more
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Dollar down on risk aversion

posted by Avatar megumi 710 days ago in USD made popular 710 days ago

THE dollar opened lower on today as risk aversion returned after BP agreed to place $US20 billion ($23.09 billion) into an oil spill victims fund.  read more
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Euro rebound stalls on Spain worries, US data

posted by Avatar fahrell 710 days ago in EUR made popular 710 days ago

The euro was little changed against the dollar on Wednesday, as a recovery in US stocks lifted risk appetite and offset fresh concerns about Spain's credit and banking system.  read more
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USD Retracement Fundamentally Limited

posted by Avatar camac 710 days ago in USD made popular 710 days ago

Investor optimism has put in for a dramatic recovery his past week; and as a natural side effect, risk-based assets have rallied while the safe-haven US dollar has tumbled.  read more
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Euro retreats from 2-week high on Spain worries

posted by Avatar mateo 710 days ago in USD, EUR made popular 710 days ago

The euro fell against the US dollar yesterday, retreating from an earlier two-week high, as fresh concerns about Spain's credit and banking system undermined sentiment.  read more
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European currencies surprising strength!

posted by Avatar ronnyrabbit1 710 days ago in USD, EUR, GBP made popular 710 days ago

The Euro broke the resistance specified in yesterday’s report 1.2254, and successfully reached the first suggested target 1.2295 and came very close to the second suggested target 1.2352, stopping only 4 pips before it (yesterday’s high was 1.234  read more
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CAD closed at 97.52 cents US, down 0.03 of a cent on Wed

posted by Avatar erzon 710 days ago in USD, CAD made popular 710 days ago

The Canadian dollar closed down 0.03 of a cent US at 97.52 cents on Wednesday. The U.S. dollar stood at 102.54 cents Cdn, up 0.03 of a cent.  read more
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EUR/USD Technical Analysis Overview

posted by Avatar FxSuperb 710 days ago in USD, EUR, Technical made popular 710 days ago

I’ve played with trendlines and noticed great support area at H1 time frame. The idea is to watch this support area (red) using your favorite strategy, if your strategy confirms buy or sell signal in this area wait for support break for sell – su  read more
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Gold prices drop as euro gains

posted by Avatar john 712 days ago in EUR, Gold made popular 712 days ago

Gold fell for the third time in four sessions as a rally in the euro reduced demand for the precious metal as a haven. Platinum rose the most in two weeks on improved prospects for industrial commodities.  read more
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House price growth to slow

posted by Avatar hachibi 712 days ago in AUD, Inflation, Housing made popular 712 days ago

Rising interest rates and weaker first home buyer activity will lead to slower house price growth in 2010, a leading economic forecaster says.  read more
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Strong Beginning, Tepid Finish For The Euro

posted by Avatar jirachi 712 days ago in USD, EUR made popular 712 days ago

EUR/USD rallied to the low 1.2270s straight out of the gate this morning, before running into sellers from central banks. Price consolidated below that level until the 15:00 GMT fixing when the offers were absorbed and prices rallied as high as 1  read more