Gold gaining its power, PPI results higher than expected

Friday, 8 April 2011 03:02

After a long period with articles such as ‘Gold is losing its shine’, Gold is back with new high in the past four days raising at about 4.5% in less than a month..

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ECB results out

Thursday, 7 April 2011 02:57

The European Central Bank interest rate was announced..

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ECB’s long awaited announcement is nearing

Thursday, 7 April 2011 11:26

The long anticipated announcement by the European Central Bank is due today at 11:45 GMT, as eager investors tune in to see ECB’s decision on raising the interest rates. Fairly confident that a raise is prominent, this will turn the European market upwards once again.

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The European currency hits a new high of 14 months

Wednesday, 6 April 2011 03:28

The Euro continues to appreciate making a new 14-month high against the American currency, boosting it to 1.4315. Analysts remain positive believing the currency could peak even higher at 1.4320 and 1.4356…

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Japanese currency falls, while Euro appreciates

Wednesday, 6 April 2011 12:16

After the earthquake, tsunami and G7 meeting on the ‘Yen problem’ about a month ago the Japanese currency is continueously declining heavily hitting lows against all major currencies. JPY hit an 11-month low against EUR trading at 121.91 EUR/JPY, and is still falling persistently – currently trading at EUR/JPY 121.28..

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