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Jun 5, 12 •
3025 Views •
Forex Trading Articles •
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On Monday, London markets were closed. However, even with no UK economic news on the screens, trading in the EUR/GBP cross rate was quite interesting. The pair was seen in the high 0.80 area during the morning session in Europe. A new up leg in the euro...
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Jun 4, 12 •
9 Views •
Forex Precious Metals, Forex Trading Articles •
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Gold futures prices would have taken a pause at the Globex skidding 0.28% from the weekly closing while, the Asian shares slid as investors gathered worries from the terrible jobs data released last Friday, and a weak Chinese PMI pressurized the stocks in...
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May 31, 12 •
7 Views •
Forex Precious Metals, Forex Trading Articles •
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Gold futures prices have climbed today as Greece’s pro-bailout party leads the poll ahead of June election raising hopes of Greece remaining under the Euro area. The Euro however knocked down once again near a two year low against the dollar after the...
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May 31, 12 •
5 Views •
Forex Trading Articles •
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This week, trading in the EUR/GBP cross rate developed also in thin market conditions. The intra-day trading pattern was more or less similar to what happened in the EUR/USD headline pair. EUR/GBP reached an intraday top in the 0.8035/40 area. However, the...
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May 31, 12 •
9 Views •
Forex Precious Metals, Forex Trading Articles •
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The yellow metal has came under severe pressure with the Euro wobbled by a rating cut of Spain by Egan-Jones from “B” to “BB-“ which was the third round of down gradation by the agency in less than a month. The Euro has been hammered by the news that...
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May 24, 12 •
10 Views •
Forex Precious Metals, Forex Trading Articles •
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Gold has dropped for a third day as worries about the fallout from a potential Greek exit of the euro zone pushed investors to pile into the US dollar. With little action announced from the EU Summit in Brussels yesterday, investor’s worries continue to...
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May 21, 12 •
2150 Views •
Forex Precious Metals, Forex Trading Articles •
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Greece’s woes may continue to weigh on metal prices but, slight improvement in investor sentiments post G-8 has provided the “Euro” currency to gain 0.12 percent early morning and may continue in today’s session. The Dollar index has also weakened...
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May 17, 12 •
6 Views •
Forex Precious Metals, Forex Trading Articles •
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After four consecutive sessions of battering, Gold futures prices nudge higher at the early Globex by over half a percent amid optimism of the Fed minutes that intimated a several members support for additional monetary easing should the economic recovery...
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May 17, 12 •
1596 Views •
Forex Precious Metals, Forex Trading Articles •
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International gold prices have lost almost all their gains this year, trailing even weaker stock markets, but experts say the precious metal is poised to bounce back in the medium to long term even if it loses more lustre in the short term. Global prices of...
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May 16, 12 •
1739 Views •
Forex Precious Metals, Forex Trading Articles •
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Unfavorable tertiary industry activity data from Japan coupled with decline in the country’s machinery orders and failure of talks to form a New Greek government led to rise in risk aversion in the global markets today. This resulted Asian markets to trade...
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