A busy week

A busy week

From Currencies Direct blog, 3 years ago Similar articles

Last week saw significant risk aversion played out as stock markets dropped dramatically where as this week looks a little firmer. Articles in the Italian media suggest that the International Monetary Fund (IMF) is preparing a ?600 billion deal for Italy in the event of deterioration in the debt crisis- this could provide market support in the early part of the week. Further support may also come from reports in Germany that German Chancellor Merkel and French President Sarkozy are putting...

Read More >>

Currencies Direct blog

money without frontiers
Gold ? Desperately Clinging to $1200

Gold ? Desperately Clinging to $1200

From Market Pulse FX, today, Similar articles

Gold for Friday, March 6, 2015 For the last couple of weeks Gold has enjoyed rock solid support from the key $1200 level which is where it presently sits and is relying on more than ever.  In the last 12 hours gold has dropped back through the key $1200 level for the first time in a few days.  Several days ago it rallied strongly to a one week high to finish last week, before dropping steadily over the last few days.  For the last month now gold has drifted steadily lower down to a one...

Read More >>

AUD/USD ? Remains within Well Established Trading Range Below 0.7850

AUD/USD ? Remains within Well Established Trading Range Below 0.7850

From Market Pulse FX, today, Similar articles

AUD/USD for Friday, March 6, 2015 A few days ago the Australian dollar made repeated attempts to move up strongly to the resistance level at 0.7850 however it was rejected every time and sent back easing lower.  It has now eased back below the 0.78 level where it remains in the well established trading range between 0.77 and 0.7850.  After finally springing to life in the middle of last week, the Australian dollar dropped sharply to close out the week and fall back down below 0.7800 again...

Read More >>

Bulls and Bears Await U.S. Jobs Report

Bulls and Bears Await U.S. Jobs Report

From Market Pulse FX, today, Similar articles

  It’s been a busy week in the forex market thanks to a bevy of major central bank rate statements and economic data releases. But currency traders won’t rest before the major data event of any month: the U.S. nonfarm payrolls (NFP) report due on Friday. Currently, the USD is higher against major pairs thanks to a combination of factors. Positive U.S. data added to dovish remarks from global central bankers to boost the buck on the expectation that the Federal Reserve will hike...

Read More >>

Gold ? Continues to Rest on Support at $1200

Gold ? Continues to Rest on Support at $1200

From Market Pulse FX, yesterday, Similar articles

Gold for Thursday, March 5, 2015 For the last week or so Gold has enjoyed rock solid support from the key $1200 level which is where it presently sits.  Several days ago it rallied strongly to a one week high to finish last week, before dropping steadily over the last few days.  For the last month now gold has drifted steadily lower down to a one month low near the key $1200 level before finding solid support at this key level over the last couple of weeks. Earlier last week gold moved back...

Read More >>

AUD/USD ? Resistance at 0.7850 Stands Tall Again

AUD/USD ? Resistance at 0.7850 Stands Tall Again

From Market Pulse FX, yesterday, Similar articles

AUD/USD for Thursday, March 5, 2015 In the last 48 hours the Australian dollar has made repeated attempts to move up strongly to the resistance level at 0.7850 however it has been rejected every time and sent back easing lower.  After finally springing to life in the middle of last week, the Australian dollar dropped sharply to close out the week and fall back down below 0.7800 again to more familiar territory below the resistance level at 0.7850.  During last week the Australian dollar...

Read More >>

Questions Abound ahead of BoE, ECB Rate Statements

Questions Abound ahead of BoE, ECB Rate Statements

From Market Pulse FX, yesterday, Similar articles

Central banks have been making headlines and driving market prices this week. As investors are well aware, the unpredictable nature of the central bank-driven currency war continues to take no prisoners. The People’s Bank of China cut its benchmark lending rate by 0.25% on Sunday in an effort to boost its slowing economy. Meanwhile, the Reserve Bank of Australia and the Bank of Canada held interest rates, although both left the door open for possible rate cuts in the future. The...

Read More >>

WTI Crude ? Remains Range Bound After EIA Release

WTI Crude ? Remains Range Bound After EIA Release

From Market Pulse FX, yesterday, Similar articles

WTI crude has been range bound for more than a week now in a sign that prices have finally stabilised. The lower end of the range can be found around $47.85 – $48 while the upper end of the range can be found around $50.70. Over the last few trading sessions, it appeared to find a little upward momentum. While $50.70 continued to provide a roof for price action, higher lows were being made which may have suggested that traders are becoming more bullish and a break to the upside was...

Read More >>

Gold ? Support at $1200 Stands Up Again

Gold ? Support at $1200 Stands Up Again

From Market Pulse FX, 2 days ago, Similar articles

Gold for Wednesday, March 4, 2015 Gold has done well over the last few days to enjoy some support at $1200 and rally higher to a one week high to finish last week, before dropping a little in the last 48 hours and yet again receiving solid support from the $1200 level.   For the last month now gold has drifted steadily lower down to a one month low near the key $1200 level before finding solid support at this key level over the last couple of weeks. Earlier last week gold moved back and...

Read More >>

AUD/USD ? Runs into Resistance at 0.7850 Again

AUD/USD ? Runs into Resistance at 0.7850 Again

From Market Pulse FX, 2 days ago, Similar articles

AUD/USD for Wednesday, March 4, 2015 After finally springing to life in the middle of last week, the Australian dollar dropped sharply to close out the week and fall back down below 0.7800 again to more familiar territory below the resistance level at 0.7850.  In the last 24 hours however it has reversed and moved back up strongly to the resistance level at 0.7850 before easing lower in recent hours.  During last week the Australian dollar moved through the resistance at 0.7850 to reach a...

Read More >>

Gold ? Selling Pressure Resumes on Support at $1200

Gold ? Selling Pressure Resumes on Support at $1200

From Market Pulse FX, 3 days ago, Similar articles

Gold for Tuesday, March 3, 2015 Gold has done well over the last few days to enjoy some support at $1200 and rally higher to a one week high to finish last week, before dropping a little in the last 24 hours and placing its attention firmly back on the support at $1200.  For the last month now gold has drifted steadily lower down to a one month low near the key $1200 level before finding solid support at this key level over the last couple of weeks. Earlier last week gold moved back and...

Read More >>

. .

EXCHANGE RATES

1 GBP = 1.221 EUR
12.53 ZAR - South African Rand
2 SGD - Singapore Dollar
1.469 CHF - Swiss Franc
1.542 AUD - Australian Dollar
1.599 USD - U.S. Dollar
12.406 HKD - Hong Kong Dollar
1.581 CAD - Canadian Dollar
2.012 SGD - Singapore Dollar
1.455 CHF - Swiss Franc

Top Services

Business Foreign Exchange

Articles & Guides

Directory

Currency Converter

Voices

Categories

Categories

Copyright MisterCurrency.com