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Jun 7, 12 •
4152 Views •
Forex Trading Articles •
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Comments Off on A Look At the EUR/GBP before the BoE Statement
On Wednesday, trading in the EUR/GBP cross rate mostly joined the intraday trading pattern of the headline EUR/USD pair. EUR/GBP hovered near the 0.81 area during the morning session. The pair tumbled going into the ECB policy decision and early in the press...
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Jun 5, 12 •
7390 Views •
Forex Trading Articles •
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Comments Off on A Fundamental and Technical Look at the EUR/GBP
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 •
3215 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold Shines Once Again
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 •
3523 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold and Silver the News Flow from the EU
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 •
3193 Views •
Forex Trading Articles •
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Comments Off on The EUR/GBP Technically Speaking
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 •
4239 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold Gets Clobbered by the USD
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 •
3739 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold Continues To Tarnish
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 •
5647 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Greece Woes Weigh On Gold And Silver
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 •
3320 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Notes On The Asian Session
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 •
5293 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold On The International Markets
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...