Monday, November 19, 2012

DailyMarkets.com - Forex Trading: Dollar Rallies Amid Global Economic Fears

DailyMarkets.com - Forex Trading: Dollar Rallies Amid Global Economic Fears


Forex Trading: Dollar Rallies Amid Global Economic Fears

Posted: 19 Nov 2012 12:03 AM PST

Dollar Rallies amid Global Economic Fears
The US dollar posted gains against several of its main currency rivals on Friday, as concerns regarding an economic slowdown in the euro-zone combined with speculations that the Bank of Japan will initiate a new round of monetary easing caused investors to shift their funds to safe-haven currencies. This week, news out of the US, Japan and euro-zone is forecasted to generate volatility in the marketplace. Traders will want to pay attention to today’s … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Commodities: Crude Oil, Gold Rise On “Fiscal Cliff” Solution Hopes

Posted: 18 Nov 2012 08:27 PM PST

Commodities rose amid a recovery in risk appetite amid hopes that US officials will manage to avoid the looming "fiscal cliff". More of the same is seen ahead.
Talking Points

Crude Oil, Copper Rise as Risk Appetite Recovers on "Fiscal Cliff" Solution Hopes
Gold and Silver Supported as Firming Sentiment Dents Haven Demand for US Dollar

Commodities are on the upswing in overnight trade amid a broad-based recovery in risk appetite. The MSCI Asia Pacific regional benchmark index is up … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


A Better Way To Play A China Rebound

Posted: 16 Nov 2012 12:05 AM PST

It should be obvious that China’s economy has turned the corner. While we may not necessarily see gang buster growth, the risks of a hard landing are diminishing fast (see my previous posts China dodges a bullet? and Is the World Bank’s downgrade of China’s growth the nadir?).

The chart below of Chinese stocks (as represented by FXI) compared to the MSCI All-Country World Index (ACWI) shows that FXI rallied through a relative downtrend line in October, indicating that the worst is over for … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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