All Entries Tagged With: "gold"
Oil and Gold falls on strong US Dollar, IMF sale
The U.S. Dollar rose to a high in the forex trading market this Thursday mostly on the back of strong economic statistics released on Wednesday the 17th. The Euro meanwhile continued to be uncertain and almost fell to the seven month low that it reached earlier in February against the U.S. Dollar. Gold prices meanwhile [...]
Forex News: Unemployment, the Euro and Oil
Oil prices fell here on Friday the 5th of February as concerns regarding the Euro and its future and also rising inventories in most developed countries has caused a 5% fall in the price of U.S. crude. Other than rising concerns in the forex trading market about the Euro, further downward pressure acted on the [...]
Forex: Obama, Yuan and Gold
U.S. president Barack Obama on Wednesday told senate democrats in a meeting on Wednesday that they would have to address the challenge of currency rates, with regards to the Chinese Yuan and how its current forex trading value allows Chinese goods to be priced more competitively than similar products or services from the United States. [...]
USD Forex Rate Strengthens with ADP Report
More positive news for people interested in forex trading coming out of the United States with a report from the ADP showing that 22,000 private sector jobs were lost as opposed to a predicted and expected fall of 30,000. This follows the general trend in the US which shows job losses steadily falling and boosting [...]