4 May, 2014 by The TZ Newswire Staff Comments Off on EUR/USD is sitting close to the opening level, waiting for triggers
EUR/USD is sitting close to the opening level, waiting for triggers
FXStreet (Moscow) – EUR/USD is sidelined after touching the Asian low at 1.3863.
Waiting for…
For more information, read our latest forex news.
4 May, 2014 by The TZ Newswire Staff Comments Off on The State Will Always Transcend Its Limits
The State Will Always Transcend Its Limits
Submitted by Pater Tenebrarum of Acting-Man blog,
4 May, 2014 by The TZ Newswire Staff Comments Off on This is the key risk for the Aussie dollar: UBS
This is the key risk for the Aussie dollar: UBS
Gareth Berry, FX Strategist at UBS Investment Bank, explains why iron ore prices will be a major headwind for the Australian dollar moving forward.
4 May, 2014 by The TZ Newswire Staff Comments Off on Asia shares falter on China PMI, bonds in demand
Asia shares falter on China PMI, bonds in demand
Asian share markets took a turn lower on Monday after a survey of Chinese manufacturing disappointed, while the simmering conflict in Ukraine kept gold and bonds well bid. Australia’s market reversed course to be down 0.2 percent (.AXJO), while MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.3 percent. Market holidays in Japan and South Korea thinned trade, as did caution over the crisis in Ukraine. On Wall Street, the Dow (.DJI) ended Friday 0.28 percent lower, while the S&P 500 (.SPX) lost 0.13 percent and the Nasdaq (.IXIC) 0.09 percent.
4 May, 2014 by The TZ Newswire Staff Comments Off on Gold Jumps Back Above 200DMA As USDJPY & Stocks Continue Slide
Gold Jumps Back Above 200DMA As USDJPY & Stocks Continue Slide
The weekend’s re-escalation in Ukraine has sent gold popping $10 (and back above its 200DMA) and FX carry (and thus US equities) sliding in the early overnight trading. With Japan out (and Europe set for another holiday) volume are, and will likely remain, low. Critically, USDJPY is back under 102, even as Japan’s central bank governor proclaims:
4 May, 2014 by The TZ Newswire Staff Comments Off on AUD/JPY breaks below 94.50
AUD/JPY breaks below 94.50
FXStreet (Bali) – AUD/JPY is breaking below its day range following the miss in the China HSBC PMI,…
For more information, read our latest forex news.
4 May, 2014 by The TZ Newswire Staff Comments Off on Blame misaligned policies for state of US economy
Blame misaligned policies for state of US economy
Investors need not worry about naysayers’ myriad structural flaws of American economy.