Sunday, July 31, 2011

DailyMarkets.com - Forex – AUD/USD Weekly Outlook: August 1- 5

DailyMarkets.com - Forex – AUD/USD Weekly Outlook: August 1- 5

Forex – AUD/USD Weekly Outlook: August 1- 5

Posted: 31 Jul 2011 06:04 AM PDT

Forexpros – Last week saw the Australian dollar pull back from a record high against its U.S. counterpart, but remain well supported amid expectations for a near-term interest rate hike by the Reserve Bank of Australia.<br /><br />AUD/USD hit 1.1079 on Wednesday, the pair&rsquo;s highest since it was floated in December 1985; the pair subsequently consolidated at 1.0992 by close of trade on Friday, adding 1.5% over the week, the second consecutive weekly gain<br /><br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – NZD/USD Weekly Outlook: August 1- 5

Posted: 31 Jul 2011 05:23 AM PDT

Forexpros – The New Zealand dollar rallied to a record high against its U.S. counterpart on Friday, boosted by expectations for a near-term interest rate hike after the Reserve Bank of New Zealand said it sees little need for the March 2011 “insurance cut” to remain in place much longer.<br /><br />NZD/USD hit 0.8798 on Friday, the pair&rsquo;s highest since exchange rate controls ended in March 1985; the pair subsequently consolidated at 0.8791 by close of trade on Friday, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Crude Oil Futures – Weekly Review: July 25-29

Posted: 31 Jul 2011 04:10 AM PDT

Forexpros – Last week saw crude oil futures slump to a two-week low on Friday, as disappointing data on second quarter U.S. gross domestic product and uncertainty over a deal to raise the U.S. debt ceiling underlined concerns over the short-term demand outlook from the world&rsquo;s largest oil consumer.&nbsp; <br /><br />On the New York Mercantile Exchange, light sweet crude futures for delivery in September traded at USD95.97 a barrel by close of trade on Friday, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CAD Weekly Outlook: August 1- 5

Posted: 31 Jul 2011 04:00 AM PDT

Forexpros – Last week saw the Canadian dollar pull back from a multi-year high against its U.S. counterpart, weakening amid uncertainty over deadlocked negotiations on raising the U.S. debt ceiling and fears that U.S. economic growth is losing momentum. <br /><br />USD/CAD hit 0.9406 on Tuesday, a three-and-a-half-year high; the pair subsequently consolidated at 0.9550 by close of trade on Friday, gaining 0.67% over the week.<br /><br />The pair is likely to find … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Weekly Outlook: August 1- 5

Posted: 31 Jul 2011 03:36 AM PDT

Forexpros – The Swiss franc surged to a record high against the U.S. dollar on Friday, as talks aimed at raising the U.S. debt ceiling remained deadlocked, while worse-that expected data on second quarter U.S. growth sparked fears that the economy could slide into another recession.<br /><br />USD/CHF hit 0.8154 on Monday, the weekly high; the pair subsequently consolidated at 0.7853 by close of trade on Friday, plunging 3.24% over the week.<br /><br />The pair is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Gold Futures – Weekly Review: July 25-29

Posted: 31 Jul 2011 03:19 AM PDT

Forexpros – Last week saw gold futures surge to a fresh record high on Friday, as weaker-than-expected data on U.S. gross domestic product raised the prospect of further monetary easing, while ongoing sovereign debt concerns in the U.S. and the euro zone underlined the precious metal&rsquo;s safe haven appeal.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery settled at USD1,628.15 a troy ounce by close of trade on Friday, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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