MUMBAI (Reuters) – The rupee slid to its lowest in over 8-1/2 months on Thursday, heading for a fifth consecutive session of falls, as worries about a potential pullback in the U.S. monetary stimulus programme … View full post on Currencies News and Information on Yahoo! Finance
Euro Euphoria to Fizzle on ECB- EU Looks to Buy More Time View full post on Currencies News and Information on Yahoo! Finance
In China, middle-aged women or older affectionately known as “grannies” have been snapping up large volumes of gold amid a recent price plunge. Now, some experts are worried that these “Chinese grannies” could lose money if gold prices fall further — even as the women say they plan to buy more. View full post [...]
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Gold prices fell today, putting the metal on track for its longest run of losses since March 2009. Continue reading… View full post on Gold Investing News
Much of what is written about the macro factors affecting gold applies equally to silver, and will not be repeated here. Silver’s post plunge relief rally was considerably weaker and more stunted than gold’s, and with it now back near to its April plunge lows after the drop last week, the chances are considered high [...]
Many, many years ago during a lengthy argument with a friend he told me to ‘give it a doubt’ – he meant I was wrong. The herd is convinced the commodities boom is over. Doom and gloom, the sky is falling, the bears argument sounds convincing – growth has stopped, economies are slowing. Looking at [...]
Forex: Dollar Avoids Tumble but Market More Critical of Fed’s QE3 Talk View full post on Currencies News and Information on Yahoo! Finance
Australian Dollar Direction Couldn’t Be Any More Clear View full post on Currencies News and Information on Yahoo! Finance
Retail forex traders recently hit their most long AUDUSD on our record books, and our sentiment-based trading strategies continue selling enthusiastically into Australian Dollar weakness. View full post on DailyFX – Technical Analysis