Eyes on BoE policy meeting and Swiss inflation
April 5, 2012
The ECB chose to hold rates constant at 1.00% yesterday, as ECB President Mario Draghi reiterated that weakness in Europe dismissed need for an exit from stimulus measures. Spain...
Inertia Will Sink The Euro Again
May 21, 2012
The G8 Summit achieved very little in public which was no real surprise, but there was also an apparent lack of urgency surrounding the Euro-zone situation which was a...
Risk Currency’s Slide As Euro Dilemmas Force Global Bid For Safety
May 21, 2012
The US dollar continued to thrive through the course of last week as heightened anxiety from the Euro region forced a global bid for safety. This cautious positioning remained...
The G8 Summit Fails To Provide Any Guidance For Investors
May 21, 2012
It was a jumpy open for currencies, with the aussie pushing towards a support level around 0.9800 against the dollar, before reversing course and smashing through a resistance level...
GCI Trading Offers Binary Options Trading
May 20, 2012
GCI Trading announced the launch of Binary Options Trading which is available on GCI’s ICTS proprietary forex trading platform. Trading Binary options with GCI offers investors to make profits...
Europe Steps Closer to the Cliff Edge
May 19, 2012
Highlights Europe steps closer to the cliff edge Can the USD extend its rally? Bank of Japan may extend maturity of its bond buys Pricing in more QE from...
Precious Metals And JPY Are Back In Vogue As Potential For QE3 Lurks
May 18, 2012
Today’s price action was interesting as yesterday’s FOMC meeting minutes, which hinted that further quantitative easing may be needed if economic conditions deteriorate, was put to the test on...
Downgrades Day
May 18, 2012
News and Events: In a race for downgrades, rating agencies took action targeting the two most burdened countries in the EMU. Moody’s confirmed today a rumor about the downgrade...
Markets Correct Some Of The Weekly Losses Ahead Of The G8 Summit
May 18, 2012
As the end of this week approaches, markets started to correct some of the losses incurred through the week, where investors started to close their bearish positions ahead of...
Signs that Bearish Sentiment May be Wearing a Bit Thin
May 18, 2012
The Facebook IPO today has temporarily knocked Europe from the headlines as the world’s eyes are focused on the Nasdaq at 1430 GMT/ 0930 ET when Facebook will start...
Canadian Consumer Prices Rose 0.4% on a Monthly Basis in April With Core Prices Posting a …
May 18, 2012
The all-items Canadian CPI rose 0.4% in April, matching the increase in each of the previous three months, though slightly stronger than the 0.3% expected by markets going into...