As noted last week by Currency Analyst David Song, “the short-term correction in gold is likely to be short-lived, and the bullion should resume its upward trend as prices end the week above $1600 per ounce. In turn, buying dips may turn out to be a favorable strategy amongst market participants, and we are likely [...]
Posted in FX News | Tagged as, ceiling, deadline, debt, gold, higher, likely, looms |
-US Dollar Could Fall Further on Debt Ceiling Impasse, Nonfarm Payrolls -Euro’s Sovereign Debt Crisis Simmering Behind US Deficit Headlines -Japanese Yen to Consolidate as Speculation for Intervention Resurface -British Pound Hinges on Commentary Following Rate Decision -Canadian Dollar To Rally On Higher Employment, Business Spending -Australian Dollar to Fall as Sentiment Sours, Rates Outlook [...]
Posted in FX News | Tagged 073011, Forecast, forex, trading, weekly |
The prospect of US default and rating downgrade continues to weigh on markets. Having missed the ‘soft’ deadline of 22 July, the ‘hard’ 2nd August deadline next week marks the point that the Treasury believes the government will be unable to cover all of its obligations. This is now the Read More Markets Hold Breath [...]
Posted in FX News | Tagged as, breath, ceiling, deadline, debt, hold, looms, markets |
The dollar and underlying risk trends ended the week under extraordinary duress – as they should. The deficit impasse that the markets have been ringing their hands over for the past few weeks is now heading into the final stretch with two days of market down-time to shorten the trading calendar. Read More Daily Fundamentals [...]
Posted in FX News | Tagged 07302011, daily, fundamentals |
We remain with the risk-off scenario. The US economy is clearly heading for zero growth again and the EU’s is showing no ability to create a credible debt-crisis resolution. There are two major premises in politics it seems: Buy time and spend yourself out of trouble. Over the last 24 Read More Another step towards [...]
Posted in FX News | Tagged 20, another, crisis, step, towards |
-Euro’s Sovereign Debt Crisis Simmering Behind US Deficit Headlines -Japanese Yen to Consolidate as Speculation for Intervention Resurface -British Pound Hinges on Commentary Following Rate Decision -Canadian Dollar To Rally On Higher Employment, Business Spending -Australian Dollar to Fall as Sentiment Sours, Rates Outlook Fades -New Zealand Dollar Rally Threatened By Slowing Employment -Gold Likely [...]
Posted in FX News | Tagged 073011, Forecast, forex, trading, weekly |
Uncertainty remained elevated and markets were on edge as debt problems on both sides of the Atlantic dominated headlines. Safe havens such as the JPY, CHF, and gold were beneficiaries amid market jitters. The Swiss franc reached new record highs gaining over 4% this week against the greenback and roughly Read More Risks Remain High [...]
Posted in FX News | Tagged amid, and, concerns, debt, growth, high, remain, risks |
US Dollar Could Fall Further on Debt Ceiling Impasse, Nonfarm Payrolls Euro’s Sovereign Debt Crisis Simmering Behind US Deficit Headlines Japanese Yen to Consolidate as Speculation for Intervention Resurface British Pound Hinges on Commentary Following Rate Decision Canadian Dollar To Rally On Higher Employment, Business Spending New Zealand Dollar Rally Threatened By Slowing Employment Gold [...]
Posted in FX News | Tagged 080111, Forecast, forex, trading, weekly |
Getting family health insurance is an important choice and should not be taken lightly. Health insurance is a must in today world, and getting adequate coverage for your family is a decision many are faced with, only to make the wrong decision and regret it later. This resource is designed for people who … Read [...]
Posted in FX News | Tagged family, for, insurance, your |
The Government putting political considerations ahead of sound economic sense, says Janet Daley. Read More Ministers know how to get us out of this mess cut taxes
Posted in FX News | Tagged cut, get, how, know, mess, ministers, of, out, taxes, this, to, us |
