CB Consumer Confidence Report
03/30/09 6:47 PM by Rita RuvinskiMuch attention will be paid to U.S economic data this week, including the Conference Board's consumer confidence index for March, due to be released this Tuesday. The Consumer Confidence Index (CCI) is a monthly release from the Conference Board, a ...
Canadian GDP Report – CAD Forecast
03/30/09 6:02 PM by Russell GlaserThe Canadian Dollar was losing ground midway through Monday’s trading as investors reposition their Loonie trades in anticipation of monthly GDP numbers from Canada. The USD/CAD reached all the way to the 1.2536 level from an opening of 1.2412.
U.S. Pending Home Sales Forecast for April 1st
03/30/09 1:23 PM by Yan PettersAs you all probably know, this week on Wednesday the U.S. Pending Home Sales report is expected, and its large effect on the market urged me to write this article.
Bullish Pacific Currencies? JPY-AUD-NZD Market Forecast
03/30/09 1:06 PM by Dan EduardJPY The JPY has experienced a rough week of bearish trading against the majors. The JPY is currently down by about 60 pips against the USD, as investors sway away from the Japanese currency. The Yen is also down against most ...
Gold’s Impending Decline – Weekly Forecast
03/30/09 12:56 PM by Rita RuvinskiGold Gold prices fell Friday, extending their weekly losses to more than 3% as the U.S. dollar gained ground against most of its major rivals and effectively reduced the metal's investment appeal. Investors have weighed support from lingering economic uncertainty against ...
European Markets Forecast – Week of March 30th
03/30/09 12:31 AM by Russell GlaserEUR This past week’s trading of the EUR/USD saw the USD come roaring back on Friday’s trading session, pairing the gains the EUR made in the previous week after the Federal Reserve announced it will begin a quantitative easing program. The ...
NZD Revisited – April 2009 Forecast
03/25/09 4:22 PM by Greg HoldenThe article written last month for the prediction of the New Zealand Dollar (NZD), after it decided to reduce its national interest rate, was, I'll have to admit, a tad bit hasty. In a heroic simplification of predicting the market, ...
Gold Trading Update
03/25/09 4:09 PM by Dan EduardThe price of Gold has been very volatile since the start of the current financial crisis that the world is experiencing. So far today, the commodity has dropped by $7 or 0.75% to $919 an ounce. This comes about as ...
Protests in Brazil and Increased Demand Help Raise Oil Prices
03/24/09 8:25 AM by Dan EduardCrude Oil prices hit $54 yesterday, before settling at $53.62. This price is the highest Oil has been since December 2008, but still significantly lower than last July's high of $147 a barrel. Crude prices increased yesterday for a number ...
Yen Plummets against Dollar and EUR
03/24/09 8:18 AM by Dan EduardThe Yen plummeted against its major currency pairs in yesterday's trading as investors ditched safe-haven assets for riskier ones. The Japanese stock market made notable gains too as the U.S. Treasury Secretary unveiled plans for a public-private partnership of investors ...
