Forex Signals

London Gold Market Report
from Ben Traynor
BullionVault
Friday 6 January 2012, 09:00 EST
THE DOLLAR cost of buying gold hovered around $1620 an ounce Friday morning London time – becoming a bit more volatile following the release of US employment data but failing to establish a definite direction – while stocks and commodities edged higher.
Silver prices meantime eased around lunchtime, hitting [...]

By The Sizemore Letter
Watch Charles Sizemore give his thoughts on investing in Germany to the Wall Street Journal’s Evan Newmark:

If you are unable the view the video in your browser, you can view it here.

Quotable
“And we ask one question that they dare not firmly answer, whether they are not now making a tolerable attempt to pull the wool over the eyes of the people.”
                                    Milwaukee Daily Sentinel and Gazette, October 1839
Commentary & Analysis
Letting a good crisis go to waste: will they do it again?
Back in 2007 some no-name [...]

There is no greater proxy for risk in the forex market than the Australian dollar (AUD) as the interest offered in Australia and its liquidity make it desirable for carry trades.  Recent selling in the Aussie vs. USD has pushed it lower to just above parity with USD as the risk emanating from the Euro [...]

Quote of the day: “Get your facts first, and then you can distort them as much as you please” ~ Mark Twain Good morning. The dollar continues to lose ground as risk sensitive currencies rebound after consolidating for a week. Short covering also fueled current recovery along with market optimism that European Leaders will act [...]

Quote of the day:“What you risk reveals what you value.” ~ Jeanette Winterson Good morning. Choppy trade is still the main theme as indecisions, rumors, nonsense and random good or bad news rule supreme these days – ahead of the two summits on Europe’s debt crisis. Looking at some of the most important currencies, one might [...]

But first, what a difference a phone call makes.

Germany and France put in a “catch up” to their pal Papa in Greece and tell the world that they told him that they are right behind him.
The Letch makes a “tell it like it is” call that mentions Mangler is overheard.
A UBS trader makes a couple [...]

Fears that Greece is heading towards an inevitable default have increased significantly in the past two weeks. And now it appears that as the likelihood of a default increases, the fate of Greece has driven a wedge between the two main parties in Germany’s coalition government headed by Chancellor Angela Merkel.
On Tuesday, comments made by [...]

Source: ForexYard

The initial response to the attacks in Oslo last week was a quick sell-off in Norwegian assets as investors fled uncertainty. The show of support by the Norwegian public, and solid economic numbers, however, has helped the Scandinavian giant regain much of its initial losses, and then some.
Reports by Norway’s Manufacturing Purchasing Managers Index [...]