Pound Strengthens On Renewed Concern Over Euro-Zone
April 24, 2012 3:51 am by ElliotThe Pound appreciated against the 17 nation euro during Monday's trading ahead of fresh concerns over Europe's debt crisis. UK 10-Year Gilts climbed for the first time in 5 days as investors took to the sterling as a safety precaution ...
Gold Tumbles As U.S Dollar Strengthens
April 23, 2012 5:14 pm by ElliotThe price of gold has weakened to a two-week low after a boost in the U.S dollar had made the metal less appealing as an alternative investment during Monday's trading. Silver experienced even greater losses than that of gold after ...
Bullion Market Outlook For This Week
April 23, 2012 3:10 am by ElliotBoth gold and silver during last weeks trading did not show any major movements or solid directions, with the yellow metal weakening for the majority of the week whilst silver prices traded slightly up. During last week, gold prices fell ...
Euro Gains On U.S Dollar After Positive German Data
April 20, 2012 8:51 pm by ElliotThe Euro made its biggest gains against the U.S Dollar during Friday's trading due to an unexpected rise in German business confidence, resulting in investors leaning towards riskier assets.
Sterling Boosted As Nation’s Economy Could Be Improving
April 19, 2012 8:04 pm by ElliotThe British Pound made solid gains over the Euro on Thursday's trading day after rumours that the Bank of England will bring next months stimulus program to a halt,as there are indications that the nation's economy is improving. The sterling dropped ...
Gold Makes Gains After Reaching Week-Low
April 19, 2012 5:10 pm by ElliotGold showed some strength during Thursday's trading after falling to a week-low prior to today. Even though the precious metal was trading well below the levels we have previously seen, investors were keen to profit from the current poor price.
Euro Gains After Hitting 2-Month Low Versus U.S Dollar
April 17, 2012 4:07 am by ElliotMonday's trading saw the 17-nation currency correct its losses as it traded up versus most of its Major currency counterparts including the U.S Dollar. However, new concerns over the economic stability of both Spain and Italy will continue to affect ...
Bullion Outlook This Week
April 16, 2012 3:48 pm by ElliotOverall this year, the Bullion market has failed to impress with gold and silver showing more losses then gains over the previous few months. Last week saw the two metals start off well but changed direction towards the end of ...
Euro Weakens Ahead of Spanish Bond Auctions
April 16, 2012 4:13 am by ElliotDuring the Asian trading session, the 17-nation currency weakened against its major currency rivals prior to tomorrows expected auctioning of Spanish Bonds.
Euro Slides As Debt Crisis Intensifies
April 13, 2012 4:14 pm by ElliotThe Euro experienced a loss versus the U.S dollar during Friday's trading as concern deepens on the European debit crisis. The weakening Euro was due to speculation surrounding the ECB, and whether it will be required to re-start its Government ...
