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Wheat rises again on Australia rain, dollar curbs
U.S. wheat futures rose 1 percent on Monday to add to a 13 percent surge last week as unrelenting harvest rain in Australia kept operators nervous about dwindling global supply of milling wheat.
4 votes
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Chinese trade center to open in Moscow
The transition to the use of national currencies will not be quick; it should take into account the real interests of the participants.
4 votes
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Forex Weekly Outlook
A complete look at the week ahead including a review of the main currency, equity and commodity futures and how they will effect trading in the Forex market.
4 votes
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US Data Was Substantially Weaker Than Expected
The Euro consolidated comfortably above 1.3220 against the dollar ahead of the US payroll data on Friday. The US data was substantially weaker than expected with the increase in non-farm employment held to 39,000 for November from a revised 172,0
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Forex Daily Market Commentary
Fed Chairman Bernanke’s CBS interview provided no further dollar negative remarks and this allowed the greenback to claw back some of last week’s losses during the Asia session. EURUSD traded 1.3334-1.3442, USDJPY 82.57-82.99.
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FX Levels and Outlooks 12.6.2010 – EUR/USD GBP/USD USD/JPY
After failing to break the 1.3450 resistance, the EUR/USD is back near pre-NFP levels. However it is stalling ahead of the US session after retracing 38.2% to 1.3250. Now, the pivots above us are 1.33, 1.3350. If the market can hold off a rally b
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Oil Falls From 26-Month High as Stronger Dollar Hurts Demand
Oil fell from its highest in 26 months as a stronger dollar countered speculation that U.S. demand will recover.
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Trade data to signal Canada’s growth direction
Unlike the United States, Canada lives and dies on its exports.
16 votes
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They Aren’t Printing Money After All
Oops, I guess Federal Reserve Chairman Ben Bernanke and the Fed aren’t printing money after all.
21 votes
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U.S. Copper Is Goldman Pick on Stockpiles
Copper fluctuated in London, rising on speculation that the Federal Reserve may take more steps to spur U.S. economic growth before sliding as the dollar strengthened.
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EUR/USD Extends Losses, Plunging More Than 1%
EUR/USD hit 1.3251 during European morning trade, a fresh daily low; the pair subsequently consolidated at 1.3253, plunging 1.20%.
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Canadian Dollar Ticks Up From 4-day Low Against Greenback
The Canadian dollar that slipped to a 4-day low of 1.0085 against the US dollar at the beginning of Monday's European session recouped some of its losses shortly.


