360° Coverage : Today In Commodities: Dollar Digs In And Trades Higher

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Today In Commodities: Dollar Digs In And Trades Higher

Source: Seeking Alpha, Dec 5 2012, 7:12pm CST

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving comp ...

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Update
10

26 minutes ago

USD/JPY Chart Warns of Correction Ahead

Source: DailyFX  |   May 24 2013, 6:11am CDT

Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. Sellers are testing below initial support at 101.84, the 14.6% Fibonacci retracement, to challenge the 23.6% level at 100.68. A break ...

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Update
9

3 hours ago

Gold inches down on profit-taking

Source: Moneycontrol.com  |   May 24 2013, 2:46am CDT

Like this story, share it with millions of investors on M3 Post your opinion here Like this story, share it with millions of investors on M3 Post your opinion here Investing.com - Gold futures traded modestly lower during Friday's As ...

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Update
8

7 hours ago

Nifty may hit 5400; dollar rise could hit carry trade: Citi

Source: Moneycontrol.com  |   May 23 2013, 10:43pm CDT

Indian equities could slide further in the coming weeks, warns Mohammed Apabhai, Head, Asia-Pacific Trading Strategies, Citi. He said the possibility of Nifty touching 5400 could not be ruled out. A major ...

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Update
7

8 hours ago

Trade of the Day for May 23rd, Long USD/JPY

Source: Forex News  |   May 23 2013, 10:15pm CDT

So you missed the USD/JPY low? What now? The uptrend on the USD/JPY is still intact and yes there is a near-term top, and there will have to be this top that precedes a pullback so why is this top being treated as THE top in certain circ ...

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Update
6

16 hours ago

Soft futures mixed; Coffee extends losses to hit 3-year low

Source: Moneycontrol.com  |   May 23 2013, 2:35pm CDT

Investing.com - U.S. soft futures were mixed during U.S. morning trade on Thursday, with coffee prices extending recent losses to hit a three-year low as traders continued to worry over ample global supplies of the bean. On the ICE Futures U.S. Exc ...

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Update
5

21 hours ago

ForexMinute Co-Founder Jonathan Millet Speaks about Bitcoins, Calls it the Future of Trading

Source: PRWeb  |   May 23 2013, 9:05am CDT

ForexMinute simply believes that traders should also get a chance at least to know what a marvel Bitcoin is ForexMinute.com, a highly regarded and renowned portal for distributing and promoting essential financial market tools and re ...

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Update
4

1 day ago

Fundamentals indicate more downside in rupee

Source: Economic Times  |   May 23 2013, 6:35am CDT

MUMBAI: The Indian rupee declined for a sixth straight day today and hit a 10-month low be breaking below 56 per dollar. It has been recently under pressure even as the Indian equities soared on the back of FII inflows. Acc ...

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Update
3

1 day ago

Forex Analysis: GBP/USD Stalls Plunge near 1.5000 Support Target

Source: Forex Crunch  |   May 23 2013, 6:13am CDT

May 23, 2013 – GBP/USD (daily chart) has stalled in its dramatic plunge of the past two weeks just above its key downside support target at the 1.5000 figure. In the process, the pair has established a new two-mon ...

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Update
2

1 day ago

U.S. dollar closes higher on Taipei forex

Source: Taiwan News  |   May 23 2013, 5:41am CDT

Taipei, May 23 (CNA) The U.S. dollar rose higher against the Taiwan dollar Thursday, gaining NT$0.065 to close at NT$30.025. Turnover totaled US$1.392 billion during the trading session. The U.S. unit opened at NT$30.060 and ...

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Update
1

1 day ago

Indian rupee at a new 6-month low of 55.83, down 37 paise vs US dollar

Source: Indian Express  |   May 22 2013, 11:31pm CDT

Please read our terms of use before posting comments The rupee today declined by a hefty 37 paise to trade at a fresh six-month low of 55.83 in early trade at the Interbank Foreign Exchange market on sustained dollar demand and strengthening of the U ...

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