BOJ Slashes Interest Rate and Backs New Asset Purchases
October 5, 2010 9:49 am by Natalie R.The yen takes center stage today following the policy meeting statement and BOJ press conference. With the yen’s persistent appreciation versus the USD, analysts expect the Japanese government will intervene again in the foreign exchange markets. However, most economists were ...
How the World Cup Can Affect Currency Trading
June 28, 2010 10:35 am by Anton EljwizatThe World Cup has begun and trading rooms the world over have caught football fever. If past experience repeats, trading activity may become more languid over the next few weeks, especially in the European markets, as traders focus on the ...
Did the US’s Advance to the Second Round of the World Cup Affect the Dollar?
June 25, 2010 10:38 am by Yan PettersRecently the entire world seems obsessed over 22 young men, chasing a ball in the attempt to score a goal. For some people, especially among North-American nations, it's a completely new experience. Even though the U.S. has hosted the world ...
Spot Gold Rises to 5-Month High
May 4, 2010 11:21 am by Russell GlaserThe buying frenzy for spot gold continues following the announcement of the Greek debt bailout plan. The price of spot gold climbed to its highest price in 5-months as the commodity moves closer towards the psychological $1,200 price level. A ...
Spot Gold Price Support Level
January 14, 2010 12:42 pm by Russell GlaserSpot gold prices were trading significantly higher yesterday, rebounding as the dollar weakened, with the commodity trading on a very volatile basis with wide moves in the price. We may anticipate higher gold prices after the commodity held above a ...
European M3 Money Supply Figures Today!
December 30, 2009 11:08 am by Russell Glaser9:00 GMT EUR M3 Money Supply - Change in the total quantity of domestic currency in circulation and deposited in banks.
Potential Correction in the Euro Dollar Trend
December 29, 2009 9:03 pm by Russell GlaserMany times in a long term trend, the pair will pause and correct itself a certain percentage before continuing the long term trend. According to some technical indicators we are seeing in the EUR/USD weekly chart, we may have come ...
US Federal Funds Rate on Tap Today!
December 16, 2009 11:53 am by Natalie R.09:30 GMT GBP Claimant Count Change - Change in the number of people claiming unemployment. This figure relates to November that ended recently – what makes this figure fresh and important.
