Posts Tagged ‘traders’

Gold Advanced As Traders Are Looking For Alternative Investment To Dollar

by Forex Rooton October 7, 2014 3:40 pm BST
Gold futures rose for the second straight day as the dollar’s decline boosted the metal’s appeal as an alternative investment. Gold futures for December delivery gained 0.3 percent to $1,210.60 an ounce at 10:13 a.m. on the Comex in New York. Earlier, the price fell as much as 0.4 percent. Yesterday, the metal touched $1,183.30, […]

Technical Analysis Jul.24

by Forex Rooton July 24, 2014 7:01 am BST
EURUSD The sell-off might not have been as strong as expected after a breach of the support at 1.35, but the risks are still considered to be heavily skewed to the downside. And even though a half of the monthly studies are pointing upwards, the path of least resistance currently leads South, towards the monthly […]

New Zealand’s Dollar Slumped The Most in Seven Weeks

by Forex Rooton July 16, 2014 8:06 am BST
New Zealand’s consumer prices rose 1.6 percent in the second quarter from a year earlier, less than the 1.8 percent increase. The central bank has raised its benchmark rate by 75 basis points, or 0.75 percentage point, this year to 3.25 percent, the highest among major developed nations. New Zealand’s dollar slides most in seven […]

USDJPY Edged Up Slightly Awaiting Yellen

by Forex Rooton July 14, 2014 8:57 am BST
Against the yen, the greenback rose about 0.2 percent to 101.43, moving further off a seven-week trough of 101.06 yen plumbed last Thursday. The euro was flat on the day at 137.97 yen, recovering from last week’s fall to a five-month low of 137.50 yen. USDJPY is trending up slightly this morning though major currency […]