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Weekly Outlook February 13-17

posted by Avatar hanazawa 12 hours ago in Economic Indicators made popular 10 hours ago

Apart from Greek news, we have GDP in the euro-zone and Japan, employment figures in the UK and Australia, and the FOMC Meeting Minutes as the main events lined up this week. Here is an outlook on the major market-movers coming our way. read more
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Kitco gold prices forecast week feb 13- 17 2012

posted by Avatar stockmarket 14 hours ago in Weekly, Gold made popular 13 hours ago

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, read more
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Daily Summary on USD, EUR, GBP, JPY, AUD, CAD and NZD

posted by Avatar domyouji 1 day 1 hour 28 minutes ago in USD, EUR, CAD, AUD, Commodities made popular 22 hours ago

Greek authorities signed off on stringent austerity measures that have already incited riots in Athens and public outcry as the measures will cut into the welfare state and weigh heavily on the already struggling economy. However, EU officials signaled ... read more
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GBP/USD Forecast February 10, 2012, Technical Analysis

posted by Avatar FXEmpire 1 day 7 hours ago in USD, GBP, Technical made popular 1 day 7 hours ago

GBP/USD rose slightly for the Thursday session after first behaving very strongly. In fact, the resulting candle is a shooting star, and shows weakness going forward. The 1.58 level just below it is support however, so this could simply be the st read more
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AUD/USD Forecast February 10, 2012, Technical Analysis

posted by Avatar FXEmpire 1 day 7 hours ago in USD, AUD, Technical made popular 1 day 6 hours ago

The AUD/USD pair had a fairly quiet session on Thursday, but is struggling at the 1.08 resistance area. The Aussie has enjoyed a massive rally lately, and the pair simply needs to rest as the bullishness will need to slow down in order for those read more
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European market weakness hits Boliden

posted by Avatar yaymenow 1 day 8 hours ago in USD, EUR, Commodities made popular 1 day 7 hours ago

"The European metals market weakened ... during the period and base metal prices were, on average, lower in both USD (US dollars) and SEK (Swedish crowns) than in the preceding quarter," the company said. The company, which also produces gold, ... read more
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Euro falls from two-month high on worries Greek deals are not finalized yet

posted by Avatar cleojosh 1 day 8 hours ago in USD, EUR, GBP, CAD, AUD made popular 1 day 7 hours ago

The euro fell from eight-week high versus the dollar and tumbled against majors on worries the deals with international lenders and private-sector bondholders are not finalized yet. Although Greek Prime Minister Lucas Papademos and three political ... read more
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USD/CHF Forecast February 10, 2012, Technical Analysis

posted by Avatar techiegirl 1 day 12 hours ago in USD, EUR, CAD, AUD, Commodities made popular 1 day 10 hours ago

The USD/CHF pair fell on Thursday as the Dollar continues to get hit overall. However, the later hours of the session saw a bit of a bounce in this pair, and the dollar as a whole got a bit of a reprieve. The resulting candle for the session was a ... read more
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Euro off 2-mth highs, Greece worries linger after deal

posted by Avatar Shannon 1 day 12 hours ago in all made popular 1 day 10 hours ago

Lending some support to the common currency were remarks by European Central Bank chief Mario Draghi who flagged tentative economic improvement in the euro area, lessening expectations of more rate cuts. The ECB kept interest rates at a record low 1.0 ... read more
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Lira Falls as Bailout for Greece Postponed

posted by Avatar commodityblog 1 day 13 hours ago in USD, Fundamental, Daily made popular 1 day 12 hours ago

The Turkish lira fell today as demand for riskier currencies with higher yield was deterred after the European Union held back the next portion of bailout for Greece. read more
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BoE Ramps Up Printing Presses £50bn More

posted by Avatar PureFX 1 day 14 hours ago in Fundamental, Sentiment, Daily made popular 1 day 11 hours ago

In a signal the Bank o England still considers the UK economy in dire straits, it has ramped up its quantitative easing program £50bn. read more
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Aussie Bulls Buy on Dip as China’s Trade Balance Surprises

posted by Avatar eToro 1 day 14 hours ago in AUD, Fundamental, Daily made popular 1 day 14 hours ago

China’s General Administration of Customs earlier reported that January’s trade balance rose to a 27.30 billion surplus from December’s 16.52 billion, well above the consensus call for a decline to 10.40 billion. With China being Australia’s larg read more