Posted on March 12, 2012 7:32 pm GMT
Crude oil prices slid for the first time in four days, erasing last week’s gain from the highest price in more than a week after Chinese economic data signaled weaker growth in the world’s second-largest consumer of oil.
China had its […]
Posted on January 16, 2012 1:30 pm GMT
Oil prices rebounded today primarily due to geopolitical supply-side concerns. Oil climbed from the lowest price in almost four weeks as Iran said that a disruption to crude supplies through the Strait of Hormuz would cause a shock to markets […]
Posted on April 27, 2011 1:11 pm GMT
Brent crude oil got support from a weaker dollar and managed to climbed over USD124 a barrel on Wednesday, based on expectations that the Federal Reserve will confirm after its monetary policy meeting on Wednesday that it will maintain its […]
Posted on April 27, 2011 1:14 am GMT
Retail Trade data for March revealed a lower than expected rate, a fall in the data was expected due to the turmoil in the markets from the massive quake and the nuclear crisis in Japan. The poll was for -5.6%, […]
Posted on April 26, 2011 9:20 pm GMT
EUR jumped to a 16-month high versus the USD today, reaching 1.4656. Now, only a minor resistance stands in the pair’s way to advance higher. As long as the US Federal Reserve still lags other major central banks in raising […]
Posted on April 25, 2011 11:37 pm GMT
The Canadian dollar dropped in value against the U.S. dollar on Monday. Despite the light trading occurring from Monday, being a bank holiday in most markets, the reduction in oil prices gave a green light for investors to seek the […]
Posted on April 21, 2011 12:44 am GMT
By S. Nicholas
The Canadian Dollar surged to a new 3 ½ year high against the greenback on Wednesday, boosted by higher oil prices as well as additional support from renewed demand for carry trades. Tuesday’s better than forecast inflation data […]
Posted on April 12, 2011 9:01 pm GMT
The Euro experienced a volatile US session, as it reached a new 15 month high against the greenback to peak at 1.4518 in the early parts of the session, closing in on a critical resistance level of 1.4577 – the […]
Posted on April 12, 2011 5:29 am GMT
EUR fell around 1% today against the JPY, falling below the 121 yen mark as investors booked profits after the single currency’s recent hefty gains. EUR fell as low as 120.15 yen after Monday’s attempts tο rise above resistance near […]
Posted on April 8, 2011 12:46 pm GMT
The Canadian jobs report was released today indicating with disappointing numbers. The unemployment rate dropped as expected by 0.1% from the prior month to come out at 7.7%. However, the net employment change reported a negative 1,500 jobs, indicating […]
