Euro continues to strengthen against the Dollar

Last Updated on Wednesday, 20 April 2011 01:54 Written by BingoEnt Thursday, 31 March 2011 01:22

The Euro has continued to strengthen against the dollar after inflation figures were above the ECB 2% limit for the forth month in a row. Trading to levels of 1.4224 were seem, inflation numbers in the 17 nation region are around 2.6% and have risen at the fastest pace since 2008

Australia

Last Updated on Wednesday, 20 April 2011 01:54 Written by BingoEnt Thursday, 31 March 2011 12:38

Gold continues to defy expectations of better jobless numbers on Friday and moving $6 higher overnight. The HUI (modified equal dollar weighted index of companies involved in gold mining) was also up 2% overnight confirming the physical move.

US Markets

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Thursday, 31 March 2011 11:58

Equities: Dow -0.2%, S&P -0.3%, Nasdaq -0.5%, SOX +0.1%, VIX 19.4 (+9%) Volumes: NYSE $21.3bn (-8%), NASDAQ $11.9bn (-16%), CHINA $43.6 (+17%) Bonds/FX: 10-yr note 3.43%, 30-yr bond 4.49% DXY 76.2 (-), Yen 81.7, EUR 1.4077 Others: Oil $103.7 (-), BDIY 1585 (=), CRB 354.86 (-1.3%), Gold $1420 (-)A After yet another valiant attempt to […]

Euroland

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Thursday, 31 March 2011 11:54

Bank of Ireland slid 11% amid speculation the government may be forced to take a controlling stake following tomorrow’s stress tests. After European markets closed, it has been revealed that three of Ireland’s biggest banks may have to raise a combined 9 billion euros ($12.7 billion) in capital.

Market Overview

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Thursday, 31 March 2011 11:47

US stocks rose, the S&P500 1Q rally is the largest since 1998, and the recent rebound to near year highs has everyone suggesting it is recovery time. Yet there has been a drop in volatitily and this tells you that there is no conviction.

FX Trading with Mega Trader FX

Demo Forex Account

Real Forex Account

Islamic Forex Account

Why Mega Trader FX?

CLOSE
CLOSE