Today is Tue, September 2, 2014 1:48:13 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook

Week in FX Europe – ECB not influenced by flash CPI

Geopolitical tension on the rise Euro flash CPI has not changed ECB consensus Italian job numbers break trend Month-end portfolio demand, geopolitical and event risk are all taking a stab at making an impact on forex prices. So far, and not unfamiliar, investors continue to wade through the same contrived trading ranges, but this time […]

Gold – Eases Away from Resistance Level at $1290

Gold for Monday, September 1, 2014 Over the last week Gold enjoyed a resurgence as it moved strongly higher off the support level at $1275, however it ran into a concrete wall of resistance at $1290.  In the week prior, Gold had been falling lower back towards the medium term support level at $1290 however […]

Gold – Moves Up Strongly But Runs Into Wall at $1290

Gold for Friday, August 29, 2014 Over the last few days Gold has enjoyed a resurgence as it has moved strongly higher off the support level at $1275, however it has run into a concrete wall of support at $1290.   In the week prior, Gold had been falling lower back towards the medium term support […]

Gold – Trying to Edge Higher from Support at $1275

Gold for Thursday, August 28, 2014 Over the last couple of days Gold has been enjoying a small rally off the support level at $1275 after spend the best part of the last week resting on support there.  In the week prior, Gold had been falling lower back towards the medium term support level at […]

Dollar Hits 12-Month High Versus Euro, S&P 500 Crosses 2000

Talking Points: Dollar Hits 12-Month High Versus Euro, S&P 500 Crosses 2000 Euro Sinks as Market Rate Slides to Record Low USDJPY Climbs for a Seventh Straight Day Dollar Hits 12-Month High Versus Euro, S&P 500 Crosses 2000 Where were the balloons? The S&P 500 marked yet another milestone in its line of records by […]

Gold – Sellers Placing Great Pressure on Support at $1275

Gold for Wednesday, August 27, 2014 Over the last week now Gold has been falling lower back towards the medium term support level at $1290 however to finish out last week it fell sharply down to the previous key level at $1275.  In the last 24 hours gold has surged higher but run into the […]

Gold – $1275 Level Stays True to Form

Gold for Tuesday, August 26, 2014 Over the last week now Gold has been falling lower back towards the medium term support level at $1290 however to finish out last week it fell sharply down to the previous key level at $1275 which is where it is presently sitting and consolidating.  A couple of weeks […]

Week In FX Europe – Russia Has Euro Stocks Offside

Europe closes on “wrong side of right” EUR’s weakening stride intact German 10-year Bund trade at +0.97% Ms. Yellen has come and gone and her labor and rate thoughts will be deciphered in greater detail after the weekend. The European session is closing on the “wrong side of right” as fresh signs of escalation to […]

Gold – Support at $1275 Standing Firm

Gold for Monday, August 25, 2014 Over the last week now Gold has been falling lower back towards the medium term support level at $1290 however to finish out last week it fell sharply down to the previous key level at $1275.   For the last day or so it has been able to enjoy support […]

Gold – Drops Sharply to Support at $1275

Gold for Friday, August 22, 2014 Over the last few days Gold has been easing lower back towards the medium term support level at $1290 however in the last 24 hours it has fallen sharply back to the previous key level at $1275 which has held it up for a little while.   A couple of […]

Gold – Resting on Support at $1290

Gold for Thursday, August 21, 2014 Over the last few days Gold has been easing lower back towards the medium term support level at $1290 which is where it presently finds itself resting.   A couple of weeks ago Gold had been meeting resistance around $1313 which has seen it finally ease lower to end last […]

Dollar Rally Forces EURUSD and USDJPY Breaks

Talking Points: Dollar Rally Forces EURUSD and USDJPY Breaks British Pound Surprised by BoE Hawks, But Doesn’t Turn Euro Traders Ready for Another Round of Economic Data Dollar Rally Forces EURUSD and USDJPY Breaks Between two days of key event risk, it seemed that the US Dollar was due a period of moderation. However, this […]

Gold – Looking for Support at $1290 Again

Gold for Wednesday, August 20, 2014 Over the last few days Gold has been easing lower back towards the $1300.  Now that it has broken through that level, it now has eyes on the previous support level at $1290. A couple of weeks ago Gold had been meeting resistance around $1313 which has seen it […]

Dollar Needs Inflation to Sustain Break from Equities, Yields

Talking Points: Dollar Needs Inflation to Sustain Break from Equities, Yields British Pound Faces Another Wave of Potential Volatility with CPI New Zealand Dollar Drops as Inflation Readings Further Cut Rate Forecast Dollar Needs Inflation to Sustain Break from Equities, Yields The Dollar opened the new trading week with a mixed performance. Between modest gains […]

Gold – Eases Below $1300

Gold for Tuesday, August 19, 2014 Over the last couple of days Gold has been easing lower back towards the $1300 level and has just slipped just below that level of the last day or so.   In the last week or so Gold had been meeting resistance around $1313 which has seen it finally ease […]

Week in FX Europe – the Euro Needs a Catalyst

Lower for longer rates policy remains intact Global bourses eke out a weekly win Periphery debt outperforms Bunds Weak global data has the market again pricing the lower-for-longer mantra mostly in play by the main central banks. Investors this week were exposed to a multitude of weaker economic reports from Japan to Europe and even […]

Gold – Threatening to Break Through $1300

Gold for Monday, August 18, 2014 Over the last week or so Gold has been meeting resistance around $1313 which has seen it finally ease lower to end last week and at the start of this week.   A couple of weeks ago it moved well away from the support level at $1290 and back up […]

Gold Rises as Ukraine and Iraq on the Radar

Gold futures traded little changed below a three-week high as investors assessed tension in Ukraine and the Middle East against the strength of the U.S. economy. Ukraine opened the door to a compromise over an aid convoy from Russia and began to send its own supplies, as the Red Cross announced talks with both governments. […]

Gold – Steadies Around $1310

Gold for Thursday, August 14, 2014 To finish out last week Gold exhibited signs of a rejection pattern with its last red candlestick however it has remained quite steady throughout this week hovering around the $1310 level.   In the middle of last week it moved well away from the support level at $1290 and back […]

British Pound Volatility Risk High as BoE Updates Rate Outlook

Talking Points: Dollar Weighs Cross Currents Against Domestic Data British Pound Volatility Risk High as BoE Updates Rate Outlook Euro: Investor Sentiment Collapses, Will Stalled Growth Complete the Picture? Dollar Weighs Cross Currents Against Domestic Data An attempt by the Dow Jones FXCM Dollar Index (ticker = USDollar) to break free of its two-week range […]

Powered by DayLife

Complete Calendar
ArabicChinese (Simplified)EnglishGermanItalianJapaneseRussianSpanish