Markets Analysis

Gold reverses sharply

Monday, 27 Jun 2011 - 1:13pm

 Medium Term Update: Gold has reversed sharply since high 1558

New Zealand Dollar Due for a Pullback- New Scalp Setup
Monday, February 6, 2012 - 21:32
The NZD/USD has held above daily overbought conditions for the ten consecutive sessions as the pair has continued to track broader market sentiment. However the kiwi look to have reached a critical exhaustion point. Here are the key levels to watch.
Euro Worst Performer as Greece Tip Toes Around Another Deadline
Monday, February 6, 2012 - 14:48
The Japanese Yen and U.S. Dollar were the top two performing majors in the overnight as the Greek debt saga took another turn for the worse. The Euro trailed the pack as Greece has backed the Euro-zone into a corner.
Euro Reversal To Gather Pace Ahead Of ECB, Sterling Holds Tight Range
Monday, February 6, 2012 - 14:20
Market sentiment waned on Monday as Greece struggles to secure a debt deal, and the shift away from risk-taking behavior should gather pace during the North American trade as European policy makers struggle to stem the heightening risk for contagion.
FOREX: Euro Slumps, US Dollar Gains as Greece Flirts with Default
Monday, February 6, 2012 - 07:14
The Euro sank and the US Dollar rose against the major currencies as Greek indecision on a second bailout package brought it the closest yet to a credit default.
AUD/USD: Trading the Reserve Bank of Australia Interest Rate Decision
Monday, February 6, 2012 - 07:00
As the Reserve Bank of Australia is expected to lower the benchmark interest rate to 4.00%, the rate decision could trigger a sharp selloff in the exchange rate should the central bank maintain a dovish tone for monetary policy.
Eurozone Needs Greece Resolution to Avoid Real Possibility of Default
Monday, February 6, 2012 - 06:50
The Euro remains under pressure into Monday and will be at the mercy of the developments out of Greece where market participants will be watching to see if a resolution can be reached…
Dollar at Risk of Fresh Plunge as Dow Moves to Test Multi-Year Highs
Saturday, February 4, 2012 - 03:34
Though the dollar ended Friday in the red, its performance was too bad. A sharp correction of intraday gains for the Dow Jones FXCM Dollar Index would leave the benchmark in the red, but it nevertheless ended well off the week’s lows.
Commodity Currencies Surge as U.S. Economy Adds 243K Jobs in January
Friday, February 3, 2012 - 14:47
The U.S. Dollar took a hit following the January jobs report data, which showed the U.S. unemployment rate dropped to 8.3 percent. However, the Greenback’s weakness is a short-term phenomenon, as the print dampens the need for more easing by the Federal Reserve.
U.S. Dollar Reversal Underway, Euro Eyes 23.6% Fib
Friday, February 3, 2012 - 14:25
The better-than-expected Non-Farm Payrolls report propped up the U.S. dollar on Friday, and the reserve currency may continue to recoup the losses from the previous month as the development dampens the prospects for additional monetary support.
Crude Oil, Metals Likely to Rise if US Jobs Data Stokes QE3 Bets
Friday, February 3, 2012 - 09:55
Crude oil, copper and precious metals prices are likely to rise if a slowdown in US job creation stokes expectations of the near-term arrival of new Fed stimulus.

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