VoyForums
[ Show ]
Support VoyForums
[ Shrink ]
VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, [4] ]

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: 01:08:07 08/16/12 Thu
Author: Charisse Bartoli
Subject: Yen v dollar balance dominates trading

This morning, financial markets are still mired by thin summer trading that is clipping volatility at the moment. The main movement seems to be coming from the yen/ dollar balance, with other currency largely standing still. Then yen weakened significantly in early trading, but the USD/ JPY is back off the highs, up 0.27%.

The dollar is top dog at the moment, helping to push the major dollar pairs such as the GBP/USD and EUR/USD lower by around 0.19% this morning.

This morning, we start with UK retail sales at 09.30 with no growth expected. European inflation data follows at 10.00. US building permits and unemployment claims follows at 13.30, with the Philly Fed manufacturing index following at 15.00.

Gold has lost its strong trending traits ever since it fell from the highs around April, but there could be some upside potential. The late summer months have historically been strong for the precious metal and with an uptrend starting to build, now could be a good time to capitalise on this seasonality.
A HIGHER trade on BetOnMarkets.com predicting that gold closes higher than $1625 in 43 days time could return 151%.


Get this trade now, go to: http://goo.gl/Xw5M1

===========================================================================================================================================================


BetOnMarkets gives everyone the chance to profit from the markets. You can bet on over 100 currency pairs, indices and commodities with bets ranging from 30 seconds to 360 days. You can fund your account with as little as $5 and bet for just $1. Our unique "fixed returns" service means you know exactly how much you stand to win or lose before you commit to a trade.

If you are looking for a low cost, low risk way to participate in the markets, then BetOnMarkets is for you. Check us out now at http://goo.gl/p39x2

[ Next Thread | Previous Thread | Next Message | Previous Message ]
[ Contact Forum Admin ]

Forum timezone: GMT-8
VF Version: 3.00b, ConfDB:
Before posting please read our privacy policy.
VoyForums(tm) is a Free Service from Voyager Info-Systems.
Copyright © 1998-2019 Voyager Info-Systems. All Rights Reserved.