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Euro at 18-month low on debt woes; stocks sink
The euro slid to an 18-month low versus the dollar and global shares fell sharply on Friday over fears that Europe's fiscal austerity plans may derail economic recovery.
21 votes
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Gold falls from record on European market fears
Gold futures fell from a record as some investors sold the metal to cover losses in other markets.The metal reached a record high of US$1,249.70 an ounce in before retreating as much as 0.9%. Stocks in Asia, Europe and the U.S. markets tumbled, a
4 votes
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Forex Technical Analysis for Week 05/17—5/21
Various pivot points and Fibonacci retracements for the next week and for major currency pairs.
25 votes
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A Good Forex Trader Is Like A Good Poker Player
Most successful cards players to ensure that operators millionaire than perhaps any other group of people. There are several reasons which are attached and if you learn then you can win in Forex trading
23 votes
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Short on the Euro and it goes to zero…
Can you classify it as a system? Seriously, what if the Euro dissolves and you are short on it?
4 votes
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Oil falls on eurozone woes, high inventories
Global stock markets plunged Friday as deepening concerns over the euro pushed the currency to 18-month lows while gold prices hit record highs as investors sought safety, dealers said.
24 votes
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Debt Crisis and the Euro Blood Bath
The UK election politicking is over, Britain has a new ConDem government led by David Cameron of the Liberal Democrats and Nick Clegg of the Conservatives, or is the other way around, hard to tell these days.
4 votes
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Gold price hits record high near $1,250
The price of gold struck an all-time high near 1,250 dollars an ounce on Friday, as investors sought a safe-haven in the precious metal amid mounting concerns over the eurozone financial crisis.
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Euro Rises To 2-day High Against Dollar And Yen
After sliding for several days on worries about Greece's debt woes, the euro climbed to a 2-day high against the US dollar and the Japanese yen in early deals on Friday.
34 votes
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Strong dollar provides ego boost, but comes with challenges
Canadians had better develop a game plan for a more muscular Canadian dollar that is going to be around "for a long time to come."
36 votes
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Interest Rate Advantage Boosts Aussie Against Greenback
The New Zealand’s dollar advanced versus its U.S. counterpart for the second straight day as the nation’s interest-rate advantage over the U.S. reached its highest level since 2008 after the central bank raised its benchmark rate on April 6th.
31 votes
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U.K. Pound Rises as House-Price Gains Stoke
The pound rose against the dollar, set for its biggest weekly gain in almost six months, as a report showing rising U.K. house prices added to signs the economic recovery is gathering pace.


