Forex News: Rare Opportunities in the Yen Crosses
January 28th, 2012 Posted in Market Comments | Comments OffThe Yen crosses, notably the AUDJPY, show characteristics that are consistent with significant tops.
Forex News: US Dollar Bulls Await 9750 To Begin the Next Stampede
January 28th, 2012 Posted in Market Comments | Comments OffThe dollar continued its descent towards Key Fibonacci support in North American trade with the Dow Jones FXCM Dollar Index off by nearly 1.3% on the week. Here’s what to watch as we head into the close of the month.
Forex News: Guest Commentary: Gold & Silver Daily Outlook 01.27.2012
January 28th, 2012 Posted in Market Comments | Comments OffGold and silver sharply increased for the second straight day after the FOMC announced on Wednesday it will keep the interest rates low until late 2014.
Forex News: TSX Closes Marginally Higher, Gains 0.4% For Week
January 28th, 2012 Posted in Market Comments | Comments OffToronto stocks were back in positive territory on Friday amid renewed hopes of a satisfactory resolution to Greece’s talks with private creditors on a partial write-off of its sovereign debt. Nonetheless, disappointing economic data from the U.S. limited the upside.