Forex Traders – Market Week Wrap up

Trading began on a positive note this week, as indices pushed out to a fresh 13-month highs despite the slide in the November Empire Manufacturing data on Monday. Equity indices were flat mid week as October housing starts declined to their lowest level since April, and building permits came in to the downside and corporate [...]

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Posted November 24, 2009 by ][-NooM-][ under More Financial, Trading

Benchmark Lending Saudi annual inflation falls to 3.5 percent

Annual inflation in Saudi Arabia fell to 3.5 percent in October from 4.4 percent in September, official data showed Sunday. The Kingdom’s cost of living index was 124.3 points in October up from 120.1 points a year earlier, the data published by the official statistics authority showed. “Although inflation has come down on an absolute [...]

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Posted November 16, 2009 by ][-NooM-][ under Benchmark Lending

Australian home loans rise most in 6 mths

This gives central bank scope to raise interest rates for a 3rd time this year Australian home-loan approvals rose by the most in six months, increasing the central bank’s scope to raise interest rates for a third time this year. The number of loans granted to build or buy houses and apartments climbed in September [...]

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Posted November 11, 2009 by ][-NooM-][ under Benchmark Lending, More Loans

More Options For Spot Forex Traders

It doesn’t matter what medium you are using to get your financial news, one thing has been fairly consistent-extensive coverage of the US dollar. Whether you are on your favorite financial website, blog, newspaper or television channel, you have most likely stumbled across headlines saying: US dollar rallying, US dollar slumping or US dollar holding [...]

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Posted November 3, 2009 by ][-NooM-][ under More Financial, Trading

Forex Weekly Trading Forecast

US Dollar Overdue for a Technical Bounce, But Fundamental Reversal… The dollar was able to relieve the pressure of suffering its worst trend on recent record by clawing out the first bullish close in eleven consecutive trading days; but that does not mean the burdened currency is necessarily primed for a true reversal. While this [...]

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Posted October 3, 2009 by ][-NooM-][ under Benchmark Lending, Trading