Jewellery souk in Damascus is seeing soaring trade as the worsening conflict encourages residents to seek a stable alternative to cash
Syrians buy up gold as currency plunges
Source: www.ft.com
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USDCAD moves sideways in a range between 0.9979 and 1.0093
USDCAD moves sideways in a range between 0.9979 and 1.0093. Now the price action in the trading range is more likely consolidation of downtrend...
GBPUSD stays below a downtrend line
GBPUSD stays below a downtrend line on 4-hour chart, and remains in downtrend from 1.6453, and the fall extended to as low as 1.5912. As long as...
Risk sentiment helped by reports 10 US banks to repay TARP
Reports that the US Treasury is preparing to announce today that it will let 10 US banks buy back government shares is helping boost risk appetite, which is benefitting likes of euro, sterling, aussie and canadian...
Airbus could loses $3ln+ in A380 orders
ILFC, the world’s largest airplane leasing company may cancel orders for 10 Airbus A380s. Thos ebad boys carry a list price of over $300 mln a...
EUR/USD Fails to Move Below 1.3000 Level
Source: ForexYard The US dollar largely maintained its recent gains against the euro throughout yesterday’s trading session, as a batch...