By Fast Brokers - Gold fell sharply yesterday, crashing below our 2nd tier downtrend line on rising volume as the Dollar appreciated [...]
Gold Drops Beneath our 2nd Tier Downtrend Line
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Soaring yields giving USD/JPY fresh boost into the weekend
With the short-end of the US yield curve anticipating rates hikes as early as September, short-term rates have backed up in breathtaking fashion today. 2-year notes are 36 bp higher in yield, an astounding move in a maturity that short. A move that large has awakened USD/JPY, sending the pair...
Talk of China selling EUR/USD
Knew it wouldn’t be long. Hearing talk China has been selling EUR/USD in the 1.4255/65...
FOREX-Dollar mostly holds ground after jump from '09 lows
... outlook isn't so rosy as many have been saying lately," said Hideki Amikura, deputy general manager of forex trading at Nomura Trust and Banking. ... See all stories on this...
All together now: Reserve status secure
I missed this the first time around, but the IMF’s number 2, John Lipsky, says the dollar will retain its reserve currency status for “as far as we can see”. After weeks of talking down the greenback, officials from BRIC countries have begun to back-pedal as well, and the dollar...
NFC Technology: What Investors Need to Know
NFC Technology: What Investors Need to Know by Justin Dove, Investment U Research Tuesday, October 4, 2011 Two recent events have likely ushered...