Forex

Gold Rallied For Another Day But Shy Of 1000

Gold's rally accelerated after breaking through technical resistance. The benchmark contract surged to as high as 999.5, the highest level since February, before closing at

Consumer prices in Philippines gained during August

Consumer prices in Philippines gained in August, but still inflation risks subdued giving a chance for monetary policy makers to keep interest rates at the ...

Shanghai surprise

To stimulate or not to stimulate that is the question. Can China bail out oil bulls once again? Oil prices rebound over night after flat ...

Currency Majors Technical Analysis

European Session EUR/USD - Euro Dollar 1,4255. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is ...

Steady hand, bumpy road

Today’s press conference bore the hallmarks of statesmanship: the ECB decided to lean against the wind of upside growth surprises to cool market enthusiasm, and ...

Add-On Zones for GLD

As we discussed with our subscribers yesterday, sometimes a thrust out of a large bullish coil triggers a multi-day vertical price move that does not ...

Daily technical outlook

EURUSD Yesterday’s rally has been limited by the rising trend line coming from 1.4045 which provided support during the 2′nd half of August. The short ...

Brazil: Reactions to a Proposed Energy Law

With the current financial crisis, we have to be even more astute in locating worthy investment opportunities. I've written lately about choices we're facing as ...

Majors are consolidating

The euro and the pound are consolidating against the dollar, while the yen advanced. This came ahead of fundamentals to be released today showing the ...

Monthly Technical Outlook

Monthly Outlook for EUR Comment: Very dull as the Euro has gone precisely nowhere over the last month, so that consensus opinion remains firmly in ...
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