USD & Gold Trend

Written by Research | 01 March 2010

Does the Rule of Supply & Demand still works?
For how long would Gold and USD move at the same direction ?

The precious metal price movements from its usual inverse relationship with the US Dollar is currently more in line with the upward track of the USDX, as obvious seen on a weekly and monthly chart analysis. Although, it may not seem to be on a day to day basis and even on the short term time frames that shows a negative reaction.

Read more...

Euro's Role in EU

Written by Research | 18 February 2010

Ideal Levels for the Euro

The Euro's value and it's identity as a common currency for the EU has been suffering recently by concerns of a weaker currency because of the sovereign debts in the European community of nations led by Greece. The EUR/USD's decline from 1.5100 area on early December has extended below 1.3600.

Read more...

Euro affected on Greece crisis

Written by Research | 10 February 2010

Wide trading range for Euro

With the recent reports on Greece and other European countries as to their financial status, debt payments and deficits mounting in high levels have prompted to aggravate the EUR/USD situation as it headed lower to its initial support price of 1.3585 low last Feb 05, 2010.

Read more...