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Australian Dollar Rises From 1-Month Low on Rate Speculation
January 31st, 2010 by forex
The Australian dollar rose from a one-month low before a meeting tomorrow where economists said the central bank will increase interest rates.
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Gold firmer but dollar rise, US bank plan weigh
January 31st, 2010 by forex
gold prices were firmer after posting a third straight week of declines last week, but investors remained wary of gains in the dollar which weaken bullion’s appeal as a currency hedge.
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NZ dollar tipped to fall further
January 31st, 2010 by forex
The dollar dipped briefly on Monday morning, but was trading at 70.3 US cents at 12.10pm. It has fallen almost 6% in the last two weeks.
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Weak finish for commodities in January
January 31st, 2010 by forex
ommodity markets ended January with their worst losses in more than a year as a surge in the dollar and weak demand outlook caused prices to stumble after a strong run through 2009.
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Forex: EUR/USD losing further ground as risk aversion is maintained
January 31st, 2010 by forex
FXstreet.com (Sydney) – The USD consolidated gains against the EUR but the pair is currently…br/
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ECB Trichet: Strong Dlr Good For U.S., World Economies: TV
January 31st, 2010 by forex
European Central Bank President Jean-Claude Trichet, speaking on French television Saturday night, reiterated his message that a strong dollar is good both for the United States economy and the world economy as a whole.
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Are Precious Metals Melting or Firming Up
January 31st, 2010 by forex
The past two months have been tough on the precious metals sector. We saw precious metals lead the market higher all of last year until December 2009 when prices plummeted as the US Dollar started to bounce.
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Aussie dollar skids to five-week lows, bonds up
January 31st, 2010 by forex
U.S. dollar on Monday, burdened in part by risk aversion and speculation regulators could try and curb carry trades.
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IMM Currency Specs Buying USD
January 31st, 2010 by forex
CFTC data released Friday January 29th showed currency speculators reversed short positions on the US dollar of 3.12 billion to a net long positions of 3.11 in the week ending January 26th, according to Reuters News.
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The new drivers of global growth
January 31st, 2010 by forex
While economic growth in developed markets is only now starting to slowly recover from the battering it took during the global financial crisis (GFC), emerging markets have been powering ahead.
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