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Apr 9, 12 •
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Forex Precious Metals, Forex Trading Articles •
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Gold gained more than 1/2% on Monday after disappointing and confusing US jobs data revived hopes for further monetary easing, while appetite for the metal was also boosted as China inflation spiked. China’s inflation edged up in March as the...
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Apr 5, 12 •
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Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold Price Plunges To Reality
Gold has plunged to its lowest level in three months. Gold fell almost $US58 to $US1, 614 per ounce on Wednesday. It has declined 15% since September 2011, when it hit a peak of $US1, 907 The tumble brought a nasty day to the stock market – the Dow...
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Mar 26, 12 •
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Forex Precious Metals, Forex Trading Articles •
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Comments Off on Fed Chair Bernanke Sends Gold Soaring (Again)
Gold sky-rocketed Monday as speculators took profits on a speech by U.S. Federal Reserve Chairman Ben Bernanke earlier in the day, taking it as an indication that loose monetary policy is set to continue. Gold rose 26.95 to hit 1691.75. That’s the...
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Mar 19, 12 •
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Forex Precious Metals, Forex Trading Articles •
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UBS, the Swiss investment bank has lowered its 1-3 month forecasts for gold in expectation of a viable worldwide industrial recovery, particularly in America. The bank expects gold costs to average $1,550 in the following one month, just about 13% lower from...
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Mar 15, 12 •
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Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold Looking For A Bottom
Gold regained some power this morning after a drop in the prior session attracted bargain hunters and bottom feeders, but a robust dollar and fading expectancies of more financial easing in the USA made the metal exposed to more selling. The physical market...
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Mar 13, 12 •
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Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold Starts The Week Off Lower
Gold turned lower in yesterday’s session after stocks reversed gains and the US dollar rallied to the highest in more than a month, but some traders opted to remain on the sidelines before a US Fed Reserve (FOMC) meeting tomorrow, that might weigh on the...
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Mar 8, 12 •
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Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold Could Get Its Glimmer Back
Gold rose just about 1% on Thursday, following the Euro and US shares for a second day of gains, as positive market sentiment grew due to an anticipated conclusion of a Greece’s bond deal boosted financial markets generally. Gold traded up as Greece...
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Feb 22, 12 •
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Forex Trading Articles •
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Trading in the foreign-exchange market (forex) relies on the same two basic forms of analysis that are used in the stock market, fundamental analysis and technical analysis. The use of technical analysis in forex reflects much the same as fundamental...
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Feb 22, 12 •
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Forex Trading Articles •
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Comments Off on Are Forex Traders Born And Not Made?
Are Forex Traders Born And Not Made, Or Do We Need To Get The Chemistry Right? There was a fascinating article published by Reuters and others yesterday concerning gambling addiction. Whilst musing over the results the synergy between gambling and trading...
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Feb 21, 12 •
7382 Views •
Forex Trading Articles •
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Fundamental analysis of a business involves analysing its financial statements and health, its management and competitive advantages, and its competitors and markets. When applied to futures and forex, it focuses on the overall state of the economy, interest...