By Fast Brokers - Gold retested our 2nd tier downtrend line yesterday, yet failed to close above on our 4-hour chart...
Gold Bounces Between our 1st and 2nd Tier Downtrend Lines
Source: feedproxy.google.com
Read more...
ECB’s Constancio says Europe inflation may be below expectations
ECB’s Constancio feels euro zone inflation in 2009 may come in below expectations, but that it doesn’t mean deflation and no deflationary spiral is expected for 2010. Speaking at a banking conference the official said “Inflation levels now foreseen for this year are very low,...
Bank of Ghana Hikes Rate 100bps to 13.50%
The Bank of Ghana raised its key lending rate 100 basis points to 13.50% from 12.50% previously. Bank of Ghana Governor,...
EUR/USD technicals
Not much in the way of support until the 20-day MA at 1.3890 but it is the previous low at 1.3800 and the 38.2% retracement at 1.3780 which provide the stronger base. Resistance levels are also scarce until 1.4050/65, a prior high/low...
Friday 1/20 Insider Buying Report: MVC, FLIC
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a...
Regional stockmarkets lose ground
The Taiwanese exchange is down over 3%, the Kospi is down over 1% and all other exchanges are down by between 0.25%/0.5% on a day dominated by risk aversion related to geo-political events in Iran and North Korea. The oil price dipped back below $72/bbl as fears of another economic slowdown...