Market Review 24.01.2013
The Australian dollar saw significant gains against the JPY last night, following the release of positive Chinese manufacturing data which boosted investor confidence in the global economic recovery....
View ArticleMarket Trends 24.01.2013
Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see downward movement today Support- 1666.47 Resistance- 1693.29 Silver- May see downward movement today Support- 30.97...
View ArticleMarket Review 25.01.2013
Renewed speculations that the Bank of Japan will initiate fresh monetary easing measures kept the USD/JPY well above the 90.00 level during Asian trading last night. The pair is currently trading at...
View ArticleMarket Trends 25.01.2013
Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see upward movement today Support- 1663.24 Resistance- 1685.74 Silver- May see upward movement today Support- 31.41...
View ArticleMarket Review 28.01.2013
The euro saw a minor downward correction against the US dollar during overnight trading, but remained within reach of its recent 11-month high of 1.3477. The euro’s recent bullish run has been...
View ArticleMarket Trends 28.01.2013
Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see downward movement today Support- 1642.42 Resistance- 1671.98 Silver- May see downward movement today Support- 30.22...
View ArticleMarket Review 29.01.2013
An increase in Australian business confidence led to investor risk taking during overnight trading, which boosted higher-yielding assets. The AUD/USD gained close to 40 pips to reach as high as...
View ArticleMarket trends 29.01.2013
Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see upward movement today Support- 1651.45 Resistance- 1671.31 Silver- May see upward movement today Support- 30.22...
View ArticleMarket Review 30.01.2013
The EUR/USD shot up to a 14-month high in early morning trading today, as investor confidence in the euro-zone economic recovery continues to boost riskier assets. The pair, which is currently trading...
View ArticleMarket Review 31.01.2013
The euro traded just below a 14-month high of 1.3586 against the US dollar during overnight trading last night, after the Fed decided yesterday to leave their policy of monetary easing in place....
View ArticleMarket Review 01.02.2013
The EUR/USD shot up to a 15-month high during the Asian session last night, as confidence in the euro-zone economic recovery continued to generate risk taking among investors. Meanwhile, the Japanese...
View ArticlePound Soars on Optimistic Manufacturing Data
The Pound soared today, as optimistic manufacturing data from Britain gave support to the British currency. According to the Office for National Statistics (ONS), British Manufacturing Production rose...
View ArticleGBP Tumbles on Publication of Poor Manufacturing Data
According to the Office of National Statistics, British Manufacturing Production dropped to its lowest level since 1992, as the Index of Manufacturing fell to 87.8. This was much unexpected, and shows...
View ArticleUS Trade Balance Expectations
The US Commerce Department will report their trade balance figures for July today. The U.S. trade deficit was probably little changed in July as imports and exports both grew, signaling a revival of...
View ArticleAUD Takes Dive Following Employment Reports
At the start of today’s economic calendar there was a severe blow to the Australian dollar. Amid the horrendous floods presently afflicting the nation, the Australian employment change report also...
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