Posts Tagged ‘ forex ’

US Dollar Index Fails to Hold Key Support- Euro Bulls Assume Control

February 26, 2012
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US Dollar Index Fails to Hold Key Support- Euro Bulls Assume Control

Silver Gold Bull - Your Trusted Bullion Dealer   Trade with SpeedTrader for $.39/100 shares. Powerful online trading platform. Free demo and unlimited shares!   The greenback tumbled in North American trade with the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) off by 0.64% on the session after moving a full 128% of its...

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FOREX: US Dollar May Extend Losses as Risk Appetite Recovers

February 26, 2012
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Talking Points US Dollar Selling May Resume as SP Futures Hint at Risk-On Mood Euro, Stocks-Linked Currencies May Rise on German 4Q GDP Revisions Yen Slumps on Bargain-Hunting After Yesterday’s USDJPY Drawdown The US Dollar (ticker: USDollar) was little changed against most of the major currencies overnight, with prices consolidating after the greenback suffered...

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Oil trades above $109 a barrel, up 1.4%

February 25, 2012
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Oil trades above $109 a barrel, up 1.4%

SAN FRANCISCO (MarketWatch) — Gains for crude-oil futures picked up steam on the last stretch of floor trading Friday, with prices going north of $109 a barrel and vying to close at their highest since late April. Crude for April delivery /quotes/zigman/2203138 CLJ2 +1.80% advanced $1.50, or 1.4%, to $109.36 a barrel on the...

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Dollar Suffers its Biggest Drop in Month, Not a Signal of Trend

February 25, 2012
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Dollar Suffers its Biggest Drop in Month, Not a Signal of Trend Euro Interest Outpaces Sentiment Climb, Threat of Collapse Builds Swiss Franc Surges Across the Board – The SNB Just Can’t Win British Pound Climbs Alongside Euro, Risk as GDP Figures Approach Australian Dollar In the Mood to be Reassured by RBA Stevens...

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Oil Rises a Seventh Day in Longest Winning Streak in Two Years

February 25, 2012
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February 24, 2012, 8:36 AM EST By Grant Smith and Ben Sharples Feb. 24 (Bloomberg) — Oil advanced a seventh day, the longest winning streak since January 2010, on signs of economic recovery from the U.S. to Germany and concern escalating tension with Iran threatens crude supplies. Futures climbed from the highest close in...

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Oil party gloss hides empty desks at European banks

February 25, 2012
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  LONDON, Feb 23 (Reuters) – Vintage champagne flowed at bank parties during the oil market’s annual party season in London this week, but behind the smiles European banks are struggling in oil and commodities. Despite healthy profits in the sector, the region’s banks are cutting back or even pulling out of commodities financing...

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Gold: Its Enduring Popularity

February 25, 2012
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The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage. By Frank Holmes NEW YORK (TheStreet) — The World Gold Council reaffirmed the power of the love trade in its “2011 Gold Demand Trends” report released this week....

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