Posts Tagged ‘Week’
It’s human nature to find patterns where there are none and to find skill where luck is a more likely – William Bernstein Good morning. Euro opened lower this week, erasing most of Thursday’s gains, therefore dollar index found support at 80: USD Index EURUSD 4hrs chart still looks bullish as current decline could be [...]
The past week in monetary policy saw interest rate decisions announced by 8 central banks, with 4 of those announcing interest rate cuts, reflecting the ongoing European sovereign debt crisis and slowing global growth. Those announcing interest rate cuts were Brazil -50bps to 10.50%, Georgia -25bps to 6.50%, Philippines -25bps to 4.25%, and Serbia -25bps [...]
Gold Strength Seen During The Week But Capped On Profit Taking
Click here for the full article: Gold strength On Flight To safety
Gold fell 1 percent during the final day of the week as the dollar gained across the board versus the other majors on a flight to liquidity. This came after the rumours regarding a potential credit [...]
The past week in monetary policy saw interest rate decisions announced by 11 central banks, with just one announcing a change in rates (Chile -25bps to 5.00%). Those that held rates unchanged were: Sri Lanka 7.00%, Poland 4.50%, Kenya 18.00%, the EU 1.00%, UK 0.50%, Indonesia 6.00%, South Korea 3.25%, Mozambique 15.00%, Peru 4.25%, and [...]
The past week in central banking and monetary policy was relatively quiet, with just 5 central banks announcing interest rate decisions. Those changing interest rate settings were: Romania -25bps to 5.75%, Bangladesh +50bps to 7.75%, and Cape Verde +150bps to 5.75%. Those that held rates unchanged were Uganda at 23.00%, and Trinidad & Tobago at [...]
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 [...]
“The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts.” – Bertrand Russell Good morning and Happy New Year to all – may this year bring you joy, happiness and all you hope for! Currency pairs started moving again and there [...]
We are nearly at the end of 2011 and another year of mayhem behind. We will be judging our 2011 Non-Predictions and trying to dream up some new ones for 2012 in the next fortnight or so but this week we have been able to get some long needed admin done. With it came a [...]
London Gold Market Report
from Adrian Ash
BullionVault
Fri 23 Dec., 09:45 EST
WHOLESALE PRICES to buy gold were little changed in London on Friday, ending the short pre-Christmas session at $1607 per ounce, some 0.6% higher against the Dollar from last week’s finish.
Silver prices also held flat, moving in a tight range below $29.50 per ounce and recording [...]
Dec. 17, 2011 (Allthingsforex.com) – Following the Fed’s decision to keep the monetary policy status quo, the week ahead will bring a sequence of U.S. housing and economic growth data, which could instill further confidence in the resilience of the world’s largest economy and could fuel a Christmas rally (provided the headlines from the EU [...]
