About Forex Rate
At Forex Rate our aim is to provide as much free Currency trading information as possible.
Our pages are geared towards active currency daytraders and include our online Forex Trading recommendations and information, live Forex charts, live Forex quotes for most currency cross pairs,daily currency trading news and forex forecasts with our free RSS news feed.
We also provide intraday and end of day forex historical data - free for downloading, currency trend charts and a currency converter. Forex Rate provides live information for currency trading. The one stop currency site , contact us at info at forex rate.co.uk
About Forex Rate
At Forex Rate our aim is to provide as much free Currency trading information as possible.
Our pages are geared towards active currency daytraders and include our online Forex Trading recommendations and information, live Forex charts, live Forex quotes for most currency cross pairs,daily currency trading news and forex forecasts with our free RSS news feed.
We also provide intraday and end of day forex historical data - free for downloading, currency trend charts and a currency converter. Forex Rate provides live information for currency trading. The one stop currency site , contact us at info at forex rate.co.uk
Foreign exchangeForex trading
| Wed, 04 Mar 2009 15:11:14 +0000 Gold Bounces as Stocks, Oil & Euro Show Strong Correlation |
| THE SPOT PRICE of physical gold rose Wednesday lunchtime in London, cutting yesterday’s 2.6% loss in half as world stock markets also bounced hard. Commodities rose across the board too, leading analysts to cite rumors of a fresh China stimulus package due from the Beijing regime on Thursday. US economic figures point to an accelerating decline in consumer spending; both auto and home sales sank to fresh multi-decade lows last month. But China today also announced three months of improved purchasing manager data, plus the first rise in economic output since Sept. “With ... |
| Wed, 04 Mar 2009 09:38:09 +0000 Dollar gaining on Euro and Pound |
| The dollar has made a surge against the Euro and Pound, along with several other major currencies, in the last few days. Even as the Dow fell sharply below 7,000 points, closing at 6,726 Tuesday (March 3), the dollar remains poised to break through near-term highs against its European counterparts. The Dow is now well under half its value of nearly a year and a half ago. At one point, the Dow was around 14,100 points. The index currently sits well under half of this value. How ... |
| Mon, 02 Mar 2009 15:04:32 +0000 Gold Gains as Stocks Slump |
| THE SPOT PRICE OF PHYSICAL GOLD back half of an early Asian bounce Monday morning, recording its first London Gold Fix of March at $949.50 per ounce. Almost 6% above its average level of 2009 to date, the Gold Price also rose for UK and European investors, while European shares sank, dumping 3.5% by lunchtime in Frankfurt. Crude oil lost more than 5% to drop below $42.50 per barrel. “There’s absolutely no respite for G10 economies in sight,” says Steven Barrow in a note to clients from the currency desk at Standard Bank. “The ... |
| Wed, 18 Feb 2009 08:31:37 +0000 Dollar stronger against major currencies |
| The dollar has been steadily climbing against most other major currencies in the last few weeks. The greenback is certainly not making miraculous gains but it has held firm and pushed back against rough economic odds. The $789 economic stimulus plan finally went through Tuesday (February 17), but investors did not appear impressed as the Dow dropped by nearly 300 points. One dollar currently fetches 92.3 yen. This is the high point for the dollar since it reached 94 yen in early January. The dollar had been . |
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