Gold prices reached new highs as the dollar edged higher. A weaker dollar has been a boost for stock prices, especially for companies that rely on exports and overseas operations for increasing revenues. 11 Vote(s) Read More Gold rises again, US stocks fall slightly
Posted in FX News | Tagged again, fall, gold, rises, slightly, stocks, us |
I was lucky, after falling down to pickup my target profit, the price then bouncing up significantly… 7 Vote(s) Read More Heikin Ashi Charts for Tuesday Nov 9
Posted in FX News | Tagged 9, ashi, charts, for, heikin, nov, tuesday |
With the cost of insuring government debt rising in Ireland, Spain and Portugal, the dollar extended its comeback against the euro and was generally stronger versus other majors on Tuesday. 6 Vote(s) Read More Dollar Roars Back As Sovereign Debt Fears Grip Europe
Posted in FX News | Tagged as, back, debt, dollar, europe, fears, grip, roars, sovereign |
Householders can expect more pain from rising interest rates next year as a bullish economy strains to meet demand for an estimated 380,000 new jobs in the next 18 months, latest Treasury and Department of Finance forecasts show. 5 Vote(s) Read More Interest rates to grow in line with economy
Posted in FX News | Tagged economy, grow, in, interest, line, rates, to, with |
The euro is getting pummeled again this morning, after a pitiful performance following the better than expected US Nonfarm Payrolls report on Friday. And while the QE2 implementation is only just beginning, the QE2 hoopla is waning. Coming into focus now again are the Sovereign debt issues of Read More Ganging Up On the Euro [...]
Posted in FX News | Tagged euro, gang, ganging, on, the, up |
A cauldron of nasty news is brewing and shaking the confidence of investors in Irish government bonds. Rising yields on government debt has been treated with indifference of late as investors have been able to point to signs of traction in the major European economies. When the core of Europe Read More Hubble Bubble Irish [...]
Posted in FX News | Tagged bubble, hubble, irish, trouble |
We had German September factory orders for September out yesterday and Sep. Industrial Production out today. Common sense tells us that orders precede production. And a look at the historical record bears this out. Recently, Factory orders have been turning down again, as the German Wirtschaftswunder may be finally hitting Read More German Economy Slowing
Posted in FX News | Tagged economy, german, slowing |
The New Zealand dollar is continuing on its bumpy ride as markets continue to deliver uncertainty over the fledgling strength of the US dollar. 8 Vote(s) Read More Kiwi Dollar fluctuations constant
Posted in FX News | Tagged constant, dollar, fluctuations, kiwi |
The market will have to come off the QE2 high or the Fed will have to back off or risk creating the mother of all commodity bubbles. 9 Vote(s) Read More Oil pulls back as QE2 shows economy still sick
Posted in FX News | Tagged as, back, economy, oil, pulls, qe2, shows, sick, still |
The Canadian dollar ended lower on Monday for the first time in eight sessions, retreating from parity with the U.S. currency as fresh concerns about euro zone debt pushed investors into the safety of the greenback. 9 Vote(s) Read More C ends string of gains as greenback firms
Posted in FX News | Tagged as, c, ends, firms, gains, greenback, of, string |
