Tweet MADRID — Several hundred demonstrators have traveled to Madrid from many parts of Spain to protest the country’s near 25 percent unemployment rate as well as the stinging austerity measures introduced by the government in a bid to avoid an international financial bailout. Many of the protesters are unemployed and walked long distances to [...]
Tweet (Best Syndication News) The dollar gained against the yen but slipped against the euro throughout the day (see the forex charts below). Currencies fell into a risk-off formation as European policymakers are set to approve the second round of bailouts for Greece; the yen and dollar slid broadly against all major currencies. The People’s [...]
Tweet (Best Syndication News) Gold, silver, and crude oil prices advanced on Wednesday, while the U.S. dollar and Japanese yen gained vs the euro (see the forex and commodity charts below). Energy prices continued to gain in value, even as equity prices fell. Economic News The Federal Reserve released the January 24-25 Federal Open Market [...]
Tweet Last week on Monday and Tuesday of the currency pair EURUSD traded in a narrow range. On Tuesday the pair EURUSD made a dash, breaking the resistance level at 1.3230 quotes. After the breakdown of the pair throughout the trading week, relying on the support level 1.3240. On Friday, the euro retreated from the two-month high, breaking [...]
Tweet (Best Syndication News) The dollar is trending higher early Monday as stock markets in Europe open lower (see forex tables below). Last week’s lower-than-expected U.S. unemployment rate failed to provide enough optimism to bolster stock prices today. World Economic News Political leaders in Greece failed to reach a final agreement on austerity measures Monday. [...]
Tweet (Best Syndication News) As stock markets begin to recover in Asia, the U.S. dollar began to decline against most world currencies including the euro and yen (see the forex charts below). Yesterday the dollar was riding high as traders looked for safe-havens; that all changed by the close of trading on Monday. World Economic [...]
Tweet LONDON, January 16. Gold prices rise due to the rise in stock markets and the growth of the euro. At 14:45 gold traded at $ 1641.80 per troy ounce, compared with $ 1639.52 at close of trading on Friday, and futures for February delivery rose U.S. $ 11.70 to $ 1642.50 an ounce. Since early January, [...]
Tweet (Best Syndication News) The euro and Swiss franc slipped today as most commodities increased in value (see forex and futures charts below). Tensions between Iran and the western world have pushed Brent crude oil and light sweet crude oil higher. World Economic News Markit Economics reported that business activity in the Eurozone service sector [...]
Tweet The crisis of the European Union continues to develop. Problems that have an impact on the situation, it is now clearly be defined as structural. And the measures taken to stabilize the economy, more and more resemble a purchase time. Since integration and globalization of markets is high enough, the influence of fundamental factors, the U.S. [...]
Tweet (Best Syndication News) The dollar advanced early against the euro and yen but began to decline versus the yen later in day (see forex charts below). The Canadian dollar gained while the Aussie and euro slipped. World FX The U.S. Dollar (USD) advanced against most major currencies early Monday in Asia (see average chart [...]
