London Gold Market Report from Ben Traynor BullionVault Friday 27 January 2012, 08:30 EST WHOLESALE MARKET gold prices were headed for their biggest...
Gold “Has Foundation to Build Next Move Higher” Following FOMC “Catalyst”, Slow Physical Demand “Explains Gold’s Resistance at $1730″
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Cable touch firmer early
Cable is a little firmer in early European trade, presently at 1.6345. General risk sentiment is in pretty good shape, while the USD is struggling as the realisation grows that we’re not likely to see an early US rate hike. Recent improved UK housing data and PM Brown’s political...
AUDUSD rebounded from 1.0145
Being supported by the lower border of the price channel on 4-hour chart, AUDUSD rebounded from 1.0145, suggesting that the fall from 1.0385...
Bernanke and Paulson to testify before House
Darrell Issa from the House oversight and government reform committee is on the Reuters newswire saying that Fed chairman Bernanke and ex-treasury secretary Paulson will be subpoenaed if necessary to testify before the House on Bank of America’s acquisition of Merrill...
USD Drops Against Yen
Source: ForexYard The U.S. dollar dropped off its recent rally Friday morning. Analysts are suggesting the greenback is at last hitting...
2-year note continues its climb in yields
2-year notes yielded about 95 bp before the employment report last week. They yield an astounding 1.41% this afternoon. The back up in the short-end of the yield curve should help insulate the dollar in the near-term. USD/JPY is finding support on dips to the 98.20...