Forex-Weekly Outlook - March 6, 2012 23:09

Major economic events which have significant impact on forex markets for the week ending March 9th, 2012 are as under: On Monday, data on French and Italian purchasing managers Index was published in the euro zone while single currency region published its separate data on purchasing managers index for services sector. The euro zone also […]

Economic Events to Affect the Forex Markets - February 14, 2012 22:56

Major economic events that have a significant impact on the Forex markets for the week ending February 17th, 2012 are as under: On Monday, in euro zone, data on German wholesale price index was released was Switzerland published its report on producer and import prices. In Australia, data on home loans and investment lending was […]

Gold Futures Rally as the Greenback Weakens - January 26, 2012 23:40

Gold futures rallied on Wednesday and crossed the psychological barrier of $1,700 per ounce as the US dollar declined and US Fed announced to keep the interest rate at their lowest. Managing director, Jeffery Wright from Global Hunter Securities commented, “It looks like someone awoke to the fact that loose monetary policy will eventually impact […]

Forex Weekly Outlook - November 7, 2011 23:38

Significant economic events around the globe that have affect on forex markets for the week ending November 11th, 2011 are as follows: Today in euro zone, report on investor confidence was released while in Germany, official data on retail sales and industrial production was reported. In United Kingdom, report on house price inflation was published. […]

Gold Jumps on Thursday on increased US Jobless Claims - September 9, 2011 23:22

Gold futures contract surged on Thursday as investors were uncertain about US economy on increase in US jobless claims for the last week. Moreover European Central Bank is also pessimistic about the euro zone’s future growth which made investors shift their focus towards the safe haven status of the gold. As per latest data of […]

Forex Weekly Outlook - September 6, 2011 23:32

Major economic events that could have significant impact on forex trading and currency markets for the week ending September 9th, 2011 are as follows:- Yesterday on Monday, markets in United States remained closed in observance of Labor Day while euro zone reported its official data on retail sales along with data on investor confidence. Today […]

Gold Jumps on Thursday over Expected Increase in Interest Rates by ECB - June 10, 2011 22:29

Gold futures jumped on Thursday over the expectations of interest rate hike by European Central Bank. It is expected that ECB will increase its interest rate from 1.25 percent as ECB President Trichet supported a strong stance to tackle rising inflation. Investors are now hoping that interest rates will increase by the next meeting of […]