Silver’s Price Moves: Anticipating a Fall?
February 25, 2011 11:00 am by Greg HoldenAfter this past week’s surging price of precious metals, traders appear to be expecting some level of retracement in value for Silver.
Danish Krone Bearish after Moody’s Downgrade
February 22, 2011 11:30 am by Greg HoldenLast week’s downgrade of five top-listed Danish banks by Moody’s Investor Services has put moderate sell pressure on the krone (DKK).
NZ Quake and Technical Pressure Weighing on Kiwi
February 22, 2011 7:30 am by Greg HoldenFollowing yesterday’s earthquake in New Zealand – which some expect will claim upwards of 70 lives – the Reserve Bank of New Zealand (RBNZ) appears poised to reduce interest rates in order to ease concerns. New Zealand stocks also plummeted ...
NZD/USD Tumbles in Wake of New Zealand Earthquake
February 22, 2011 7:00 am by Russell GlaserThe Kiwi was sharply lower following an earthquake that measured 6.3 on the Richter scale and sent buildings tumbling. The NZD/USD is currently testing the 0.7500 support line. A move below this level could trigger further selling to the 0.7350 ...
Why Silver’s Rising Price will Outpace Gold’s
February 21, 2011 11:30 am by Greg HoldenNo doubt every trader in the market at this week’s start noticed the sudden surge in commodity prices. Precious metals like Gold and Silver in particular have gained an exorbitant amount over the past month. But are their price movements ...
Turkish Lira Gaining Support amid Mid-East Tensions
February 18, 2011 7:30 am by Greg HoldenShifting regional dynamics have helped move capital away from the various Arab states in the Middle East and into the relatively more stable countries in the region, such as Turkey. This appears to be pushing the Turkish lira higher.
GBP Likely to Extend Bullish Run Today
February 18, 2011 7:00 am by Dan EduardEuropean currencies continued their bullish run during the overnight session, as markets are still being influenced by yesterday's disappointing US Unemployment Claims figure. Analysts are predicting that this trend will continue today, as news from the UK and US get ...
US Economic Data Looks to Support Dollar Gains
February 17, 2011 12:32 pm by Russell GlaserThe dollar was mixed at lunch time of the European trading session with the Swiss franc strengthening broadly on safe haven bids. US inflationary data along with weekly unemployment numbers are due up shortly.
Crude Oil Inventories Expected to Rise Tomorrow
February 15, 2011 2:00 pm by Greg HoldenAfter rising for a fifth consecutive week last Wednesday, tomorrow’s US Crude Oil Inventories report (15:30 GMT) is expected to show continued surpluses of supply in the world’s largest energy consumer. Forecasts expect to see between 1.5M and 2.6M barrels ...
EUR/SEK Signals Mixed, Expecting Mild Retracement
February 15, 2011 12:00 pm by Greg HoldenThe technical indicators for the EUR/SEK reveal an impending retracement to the latest price downturn, but these signals appear weak.
