USD TOWARDS BEST YEAR SINCE 1979 VERSUS JPYThe dollar hit a five year high against the yen on track and set for the biggest annual increase in comparison with the Japanese currency in 34 years , after rising nearly 21 %...
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Home > Archives for December 2013
Monday, 30 December 2013
Gold trading strategies of some trusted institutions - December 31, 2013
Gold opened the U.S. session last night dropped to 1204.50 , then hits high in 1209 when the euro rose sharply against the dollar . After U.S. economic data released flourishes , gold prices turned down in 1204 . Quiet trading...
Sunday, 29 December 2013
Gold trading strategies of some trusted institutions - December 30, 2013
Last week , gold closed slightly up at 1214 , so this metal has closed alternating up and down in the last 8 weeks . However, the candle fell more platforms , going from 1361 to 1187 . 1180 lows could be tested again .Forex...
Daily Remarkable news - December 30, 2013 (sources: collection)
EUR / USD highs least 2 years Common European currency rose to its highest level in the last 2 years against the dollar in the session 27/12 after speaking of the Central Bank of Germany and executive board member of the...
Thursday, 26 December 2013
Daily Remarkable news - December 27, 2013 (sources: collection)
USD / JPY reached almost 105 USD / JPY hit 105 threshold for the first time in more than 5 years as the market expects the central bank of Japan ( BOJ ) will continue the economic stimulus package unmatched in its context...
Gold trading strategies of some trusted institutions - December 27, 2013
Amount of people applying for unemployment benefits fell by 42,000 arrivals in the U.S. , only 338,000 views in the last week 12/2013 . This week there is not much economic data due for Christmas . Gold prices rose last...
Monday, 23 December 2013
Gold trading strategies of some trusted institutions - December 24, 2013
Gold dropped to 1202.50 U.S. session open , then increased to the highest level during the day at 1204.50 as U.S. economic data showed personal consumption rose sharply . Finally , the metal turned down when global stock...
Daily Remarkable news - December 24, 2013 (sources: collection)
PROSPECTS OF U.S. $ 2014 At its meeting on 17 - 18/12 , the U.S. Federal Reserve ( Fed ) decision to cut $ 10 billion in quantitative easing ( QE3 ) worth $ 85 billion to $ 75 billion per month . And QE package will likely...
Fed's ability to continue shrinking and terminating easing program in 2014 led analysts believe that USD will continue to rise in the near future. The greenback is expected to maintain the momentum gained sharply against the JPY by ADU and the central banks of Japan and Australia are likely to further loosen monetary policy .
If the eurozone economy continued to show slow recovery next year and inflation of the region remain low , common European currency will decline sharply against the dollar . In contrast , the decline of the euro will be limited.
Meanwhile , the UK economy has shown strong growth in recent years and the unemployment rate fell sharply that the Bank of England to consider raising interest rates sooner than expected . Therefore, the difficult market witnessed sharp appreciation of the USD against GBP .
GOLD PRICE REDUCED DEPTH MAY CONTINUE
The gold market is moving into the quiet session last year with a year of the darkest events in the past 3 decades . Many people believe that gold prices will continue to go down in 2014.
Since the U.S. Federal Reserve ( Fed ) refers to the ability to scale down stimulus because the economy has enough resources to sustainable recovery , many investors have been selling gold to turn to the other assets .
From the beginning of this year , gold prices have dropped approximately 30 % . Many predicted that in the new year 2014 , gold will breach the lows of the month 5/2010 which the threshold is $ 1.050 / ounce .
Sunday, 22 December 2013
Daily Remarkable news - December 23, 2013 (sources: collection)
Third quarter GDP GROWTH EXPECTED JOURNEY OF AMERICA The report released last week by the U.S. Commerce Department showed that U.S. GDP third quarter increased 4.1 % compared to the same period last year , higher than the...
Gold trading strategies of some trusted institutions - December 23, 2013
The price of gold fell to $ 1,186.50 / ounce last week but was able to recover the cost of $ 1,200.00 / ounce on 6th last night .Walking to mitigate the Asian sessionIncrease of EuropeReducing the U.S. sessionThe trading...
Friday, 20 December 2013
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As you know credit cards generally is a lifesaver. To give an example your car or truck at random , breaks as well as you might need a brand-new element to correct the item , nor have the funds. Having credit ratings you...
Thursday, 19 December 2013
Daily Remarkable news - December 20, 2013 (sources: collection)
BOJ NO MONETARY POLICY CHANGEEnd of regular policy meeting today , Bank of Japan ( BOJ ) is committed to maintain the asset purchase program at 60-70 trillion yen per year ( equivalent to about 700 billion dollars ) . BOJ...
Gold trading strategies of some trusted institutions - December 20, 2013
Gold opened the U.S. session last night dropped to 1205.50 after the FOMC meeting , the Fed announced it would reduce bond purchase program to $ 75 billion . The metal is carried to its highest level in 1209 when the unemployment...
Wednesday, 18 December 2013
Gold trading strategies of some trusted institutions - December 19, 2013
Gold opened the U.S. session last night at 1233 , then dropped to the lowest level by 1228.50 U.S. government debt fell after the housing data was very positive , rising to its highest level in nearly 6 years as of May 11/2013...
Daily Remarkable news - December 19, 2013 (sources: collection)
The Fed decided to cut QE PACKAGEEnds policy meeting lasts two days 17 and 18/12 , the Fed announced cut -scale bond buying program monthly $ 10 billion from $ 85 billion currently applying to 75 billion USD. The implementation...
Tuesday, 17 December 2013
Daily Remarkable news - December 18, 2013 (sources: collection)
MARKET awaiting the results of Fed meeting Today the Federal Reserve monetary policy announcement after meeting his 2-day . This meeting of the Fed awaited by issue of concern is whether this market has cut the Fed quantitative...
Gold trading strategies of some trusted institutions - December 18, 2013
Gold fell and before the U.S. session open at 1232.50 , and then progress to the highest level in 1243 when the fault of the U.S. CPI and stock still walked the red globe . Gold retreated to its lowest level in 1228 as investors...
Monday, 16 December 2013
Daily Remarkable news - December 17, 2013 (sources: collection)
European single currency rose against the U.S. dollar in trading yesterday as reports showed the eurozone 's manufacturing sector continued to grow at the fastest rate in the past 31 months .PMI manufacturing of euro zone...
Gold trading strategies of some trusted institutions - December 17, 2013
Gold opened the U.S. session to increase through 1237 . Then the bottom fell the day in 1234 when production data better than expected , then reversing up again to its highest level in 1252 due to weakening dollar and rising...
Sunday, 15 December 2013
Gold trading strategies of some trusted institutions - December 16, 2013
Sell ??below 1240 target 1225. Stop loss above 1245.KITCO gold-trading strategy 12/16Get 24 to nail trend:Sideways Asian sessionModest increases of EuropeReducing the U.S. sessionThe trading range expected: 1230-1250Trading...
Daily Remarkable news - December 16, 2013 (sources: collection)
MARKET WAITING FOMC meeting resultsThis week there is not much statistical significance of the U.S. economy published . The market's attention focused on the results of the last policy meeting of this year 's Open Market...
Friday, 13 December 2013
Daily Remarkable news - December 13, 2013 (sources: collection)
According to the U.S. Commerce Department , retail sales in November rose 0.7 % , higher than the forecast of 0.6 % and is the highest level in 5 months. Meanwhile , the proportion of votes in favor and 332 votes against...
Thursday, 12 December 2013
Gold trading strategies of some trusted institutions - December 13, 2013
Gold dropped to 1235.50 U.S. session open after U.S. lawmakers reach budget deal is seen as the primary signal for the gradual withdrawal of Fed QE .Forex Yard - Gold Trading Strategy Day 13/12Pivot : 1250Key Strategy :...
Wednesday, 11 December 2013
Daily Remarkable news - December 12, 2013 (sources: collection)
Congress reached agreement BUDGETThe policy makers of both Republicans and Democrats have reached an agreement on the budget . The draft budget if the government is bicameral U.S. Congress ends a stalemate over extending...
Gold trading strategies of some trusted institutions - December 12, 2013
Gold opened the U.S. session last night dropped to 1257.25 , then progress to the highest level in 1264 due to the short-selling ( buying drum fill ) while the euro remained near its highest level against the dollar 6 weeks...
TRADING USING THE DOW THEORY
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Tuesday, 10 December 2013
Daily Remarkable news - December 11, 2013 (sources: collection)
MOVING CLOSER TO EUROPEAN UNION BANK AGREEMENTEuropean single currency rose yesterday to the highest level in the past 6 months against the dollar as European leaders are trying to come to an agreement on the establishment...
Gold trading strategies of some trusted institutions - December 11, 2013
Gold has moved up before the U.S. session open at 1258.50 , this is the lowest level of the day . Then mark the highest gold forward 3 weeks at 1268.50 through technical selling and buying Treasury up in front of the FOMC...
Monday, 9 December 2013
Daily Remarkable news - December 10, 2013 (sources: collection)
RISK OF PROPERTY PRICES CONTINUE TO RISEThe trade surplus of China in November rose to the highest level in more than four years due to increased exports beat expectations helped China maintain the momentum of economic recovery...
Gold trading strategies of some trusted institutions - December 10, 2013
Gold opened at 1232.50 U.S. session last night , then fell to the lowest level at 1231.50 before climbing to the highest level in 1239 as the dollar weakened when uncertainty in phased program of bond purchases the Fed's...
Top 10 nations gold reserve
1. U.SThe amount of official gold reserve: 8,133.5 tonnesThe percentage of gold in total foreign exchange reserves: 75.6%1952, the U.S. has the largest gold reserves in the world with 20,663 tonnes. For the first time this...
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