Sterling hit a seven-month high against a broadly weaker dollar on Tuesday as surprisingly strong figures on the US housing market fuelled speculation the ...
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Forex Daily Analysis
Source: www.forexhound.com
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USD/JPY: Decent sized buying interest 97.00/25
The JPY crosses are proving to be very stable at lofty levels with GBP/JPY now consolidating well above 160 and AUD/JPY trying to form a foothold above 80. The USD bears are being cancelled out by the JPY bears which should mean that USD/JPY continues to range trade both in the short and medium...
Chinalco/Rio failure won’t harm China/Australia relationship
A Chinese Ministry of Commerce spokesperson is on the Reuters newswire saying that the recent failed deal between Chinalco and Rio Tinto will not harm Australian/Chinese relations. The AUD/USD is up 10 pips at...
Tuesday Sector Leaders: Water Utilities, Aerospace & Defense Stocks
In trading on Tuesday, water utilities shares were relative leaders, up on the day by about 1.3%. Leading the group were shares of Pure Cycle...
How to Buy Silver Below Its Spot Price
Most investors are skeptical when you tell them that they can actually buy silver below spot prices. But it’s absolutely true....
Why You Wouldn’t Be a Millionaire if Investing Was Easy
By MoneyMorning.com.au “If investing was easy we’d all be millionaires.” Have you heard that one before? It’s a...