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The Weekly Roundup 16 Oct 2010 | 06:11 am
By Barbara Zigah This week saw markets worldwide waiting on the U.S. Federal Reserve Bank to gauge how the world’s largest economy will work to restore its own health. Earlier this morning in Boston,...
Gold prices continue to move north 15 Oct 2010 | 11:45 pm
By Barbara Zigah With the U.S. Dollar slipping ever lower against most major currencies, gold and other precious metals are surging to new record highs. In Thursday trading, gold sold at $1,375 an ou...
Can the U.S. Real Estate Market Come Back Now? 15 Oct 2010 | 05:38 am
By Barbara Zigah The U.S. government is hopeful that the struggling economy will get a much needed boost from the all-important housing sector; historic low interest rates will encourage individuals b...
DÓLAR CANADIENSE LLEGA A PARIDAD CON EL DÓLAR AMERICANO 15 Oct 2010 | 04:44 am
El dólar canadiense subió hoy en contra de su contraparte en EE.UU. al nivel más alto en casi seis meses, una indicación de que la Reserva Federal de los EE.UU. pronto podría inyectar liquidez adicion...
FX Volatility Soars amid QE expectations 14 Oct 2010 | 10:54 pm
Written By Nigel Wallace The FX arena continued to trade on a volatile note with Dollar demand virtually evaporating. After opening yesterday on the green Dollar support levels where breached with the...
Canadian Dollar hits Parity with the Greenback 14 Oct 2010 | 06:47 am
By Barbara Zigah The Canadian Dollar today rose against its U.S. counterpart to the highest level in nearly six months, an indication that the U.S. Federal Reserve might soon be injecting additional l...
Dismal Unemployment Suggests that BoE Must Decide 13 Oct 2010 | 09:41 pm
By Barbara Zigah Earlier this morning, data on the United Kingdom’s new jobless claims was released by the Office for National Statistics. According to them, the number of new claims rose in Septembe...
Market Daily Review Oct.13 13 Oct 2010 | 08:08 pm
EURUSD- The Euro gained as the ECB took steps to eliminate the pressure on European money markets. The central bank increased the amount used for normal operations to 195B from 81B. The Euro climbed...
Markets’ Movement Reflect Anticipation of Fed Minutes 13 Oct 2010 | 05:20 am
By Barbara Zigah According to the results of a recent Wall Street poll, it appears that investor concern is more focused on the current high unemployment rate and restoring consumer confidence, than o...
Crude Oil Prices Higher on QE Speculation, Not Demand – Yet 12 Oct 2010 | 10:27 pm
By Barbara Zigah As the world’s number one user of crude oil moves irrefutably into the fall and winter seasons, both American consumers and global investors in crude oil are eager to know what this T...
