The protracted negotiations between Greece and its creditors seemingly shifted into top gear this week as the cash-strapped country teeters on the verge of a default with a loan repayment to the International Monetary Fund due at the end of the week. More...
New Zealand's commodity prices fell for the second successive month in May due to lower dairy product prices, although the rate of decline slowed when compared to the previous month, the results of survey by ANZ showed Wednesday. More...
2015-06-02 05:30 GMT (or 07:30 MQ MT5 time) | [AUD - Cash Rate] past data is 2.00%forecast data is 2.00%actual data is 2.00% according to the latest press release if actual > forecast (or previous data) = good for currency (for AUD in our case) [AUD - Cash Rate] = Interest rate charged on overnight loans between financial intermediaries. Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators ...
According to the weekly Kitco gold survey, both Wall Street and Main Street are expecting to see higher prices in the near-term; however, the analysts surveyed have a stronger upside bias. Sean Lusk, director commercial hedging division at Walsh Trading said that gold has the potential to pop higher next week but prices will remain within the $100 range between resistance at $1,230 an ounce and $1,130 an ounce. “Right now there is a lack ...
Activity in the U.S. manufacturing sector grew faster than anticipated in the month of May, according to a report released by the Institute for Supply Management on Monday. The ISM said its purchasing managers index climbed to 52.8 in May from 51.5 in April. EURUSD M5: 71 pips price movement by USD - ISM Manufacturing PMI news event : More...
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