Market News and Analysis
USD/CHF's near-term risk is to the downside
Mon, 22 Apr 2013 07:05:09 GMT
"Switzerland is in a difficult situation. Our exchange rate policy hasn't been criticized or questioned by other countries in the past days here in Washington."- SNB President (based on Bloomberg)Pair's >>
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USD/JPY is poised for additional gains
Mon, 22 Apr 2013 07:05:02 GMT
Even though we lack bullish signals provided by the technical studies, especially for the near term, a recent confirmation of the up-trend support line creates a bullish bias towards the >>
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GBP/USD is directionless
Mon, 22 Apr 2013 07:04:55 GMT
It appears that the demand and supply were in perfect equilibrium, as the price did not move away from the recent close level, even though the fact that an important >>
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EUR/USD remains calm
Mon, 22 Apr 2013 07:04:48 GMT
Despite the proximity of supposed demand area, created by a combination of the 200-day SMA with the monthly R1, the currency pair remains largely unchanged, having trouble recovering the lost >>
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Industrial metals decline on record LME inventories, global surplus
Mon, 22 Apr 2013 06:54:03 GMT
Industrial metals finished in red territory on Friday amid fears over global economic recovery and record high inventory levels at the LME. Recent disappointing numbers from the EU and U.S. >>
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Precious metals mostly higher as lower prices attract more buyers
Mon, 22 Apr 2013 06:43:03 GMT
Precious metals except for silver ended last week on the positive note on signs that a recent decline in prices spurred physical demand for the metals. However, record ETPs outflows >>
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Crude rises as Euro gains versus U.S. Dollar
Mon, 22 Apr 2013 05:39:03 GMT
Crude increased on Thursday rising for the second day in a row paring the third weekly drop amid speculation that the previous fall was too rapid and as the 17-nation >>
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German producer prices rise in March
Mon, 22 Apr 2013 05:28:04 GMT
Producer prices for industrial products in the Europe's largest economy expanded in the month of March, the latest data revealed by the statistical office Destatis showed on Thursday. According to >>
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Asian currencies head for biggest weekly drop in 7 months
Mon, 22 Apr 2013 05:17:04 GMT
Asian currencies set for the biggest weekly increase in a seven-month period on Thursday after Japan's monetary stimulus program fuelled inflows into the region's assets and as the People's Bank >>
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Copper in New York set for largest weekly fall in 16 months
Fri, 19 Apr 2013 18:39:03 GMT
Copper traded in New York dropped on Thursday heading for the largest weekly drop in a 16-month period amid speculations that demand in the world's largest consumers of the metal, >>
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Soybean falls amid lower supplies in U.S.
Fri, 19 Apr 2013 18:28:03 GMT
Soybean futures decreased for the first time in a four-day period on Thursday amid speculation that falling supplies in the U.S. will reduce processing activities and boost South American imports. >>
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U.K. may slip back into depression in Q1: Capital Economics
Fri, 19 Apr 2013 17:08:27 GMT
British economy will likely slip back into recession in the first three months of 2013 as the country showed an unimpressive performance in the majority of its sectors, the Capital >>
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Spain's trade shortfall shrinks in February
Fri, 19 Apr 2013 17:08:18 GMT
Trade balance of Spain came in a shortfall in the month of February, although the trade balance gap narrowed as exports increased and imports recorded a notable fall, the latest >>
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Philadelphia-area business activity stays steady in April
Fri, 19 Apr 2013 17:08:01 GMT
Manufacturing activity in the Philadelphia's area recorded a modest fall in the month of April, while business activity in the area stayed at the same level, the Federal Bank of >>
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U.S. leading economic index falls unexpectedly in March
Fri, 19 Apr 2013 17:07:50 GMT
A leading index of economic activity in the U.S. surprisingly declined in March after rising three straight months, a data unveiled by the Conference Board showed on Thursday. The data >>
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