Gold Prices Predicted to Fall in 2010
December 29, 2009 10:13 am by Greg HoldenYesterday's expected decline in the value of the US Dollar did indeed take place, but not nearly as sharp as some were expecting. A mild drop against the Euro and British Pound occurred during the opening of the American markets ...
Dollar Stabilizes before GDP data
November 24, 2009 3:23 pm by Natalie R.The U.S dollar rose Tuesday as a decline in stocks and dimming expectations about the U.S. economic recovery increased demand for U.S currency perceived as safer. Some investors buy the Dollar, seen as a safe haven, against other higher-yielding currencies ...
U.S. Unemployment Claims to Set the Pace of the USD
November 5, 2009 2:40 pm by Dan EduardThe U.S. Unemployment Claims Report will set the pace of the USD today. Despite the Dollar diving against the GBP so far today, in the coming hours there is some mouthwatering data that is set to be released from the ...
USD Traders Anticipating Heavy Volatility
November 4, 2009 9:30 am by Natalie R.Prior to the heavy news cycle we will see today and Friday, the US Dollar has apparently entered a consolidation trend against most of its currency rivals. Today's news will set the pace for the remainder of the week while ...
USD Down on Beijing Reserve Currency Comments
October 26, 2009 2:59 pm by Greg HoldenThe US Dollar continued its downward trend against the majors this morning as a report from Beijing added selling pressure to the greenback. China has announced its intention to increase its Euro and Yen reserve holdings, which convinced many investors ...
Gold Rises as Dollar Weakens vs. Majors
October 20, 2009 1:49 pm by Natalie R.The precious metal gained for a 3rd day in Tuesday trading as a weaker U.S dollar fueled demand for the metal as an alternative investment.
Dollar Slides Whilst Gold Climbs
October 20, 2009 9:47 am by Dan EduardThe Dollar slid against its major currency pairs no Monday due to a variety of factors. This includes the bullish streaks of both Gold and Crude Oil, which put downward pressure on the Dollar. Additionally, Federal Reserve Chairman Ben Bernanke ...
Gold Forecast
October 20, 2009 3:58 am by Dan EduardGold has jumped significantly today in value by $11 to about $1063. As of late, top analysts have become bullish on Gold for the medium-long term. They point out that the continuation of the out of control borrowing by the ...
Dollar to be at the Forefront of Forex Trading Today
October 16, 2009 8:33 am by Dan EduardTic Long Term Purchases – USD – 13:00 GMT •Difference in value between foreign long-term securities purchased by US citizens and US long-term securities purchased by foreigners during the reported period.
