Gold Slides to $1,000 an Ounce!
September 21, 2009 12:07 pm by Dan EduardAs the trading week begins, the strongest trend in the market appears to be the depreciating gold. Gold dropped from $1023 on Thursday to almost $1,000 on Sunday. If the Dollar will continue to show recovery signs against the Euro, ...
Forex Update
September 15, 2009 7:11 am by Dan EduardThe USD experienced a very volatile trading day, as it fell to its lowest level in almost a year against the EUR. The British Pound made significant gains against the JPY yesterday, whilst plummeting against the EUR. In late trading yesterday, ...
Will the Dollar Experience an Up-Trend this Week?
June 29, 2009 7:08 pm by Natalie R.The dollar index started Monday with a slight uptrend, trading at 79.958 up from 79.830 on Friday. The Dollar was help by renewed concerns over the global recovery. Still, uncertainty regarding market conditions, as well as the direction of the ...
EUR Losing Support Above $1.40?
June 22, 2009 1:15 pm by Natalie R.USD The U.S Dollar remained under modest pressure Friday, ahead of a U.S. Federal Reserve policy meeting and another record batch of U.S. debt to be auctioned next week. The greenback weakened as Fed officials considered using their June 24 policy ...
USD a Wise Investment
February 18, 2009 11:10 am by Yan PettersThe past two weeks produced wonderful opportunities to open long position on the USD and make some remarkable profits. The EUR/USD dropped from 1.3320 to 1.2600, the GBP/USD slid from 1.4980 to 1.4120, and the USD/JPY jumped from 88.60 to ...
