Monday, April 22, 2013
all in one week : risky currencies, weak gold sentiments and disappointing stock market earnings
resilience. this is often the issues we want today as disappointment hits our radar in terms of a few our preferred assets. a particular somewhat of bullishness was observed within the weekend ; but, traders favor investing the vast majority of their funds in alternative assets. the weekend saw the worse-than-forecast by the u. s. retail sales data, with consumer sentiments frowning upon market figures not hitting its expected mark.
risky currencies
eur/usd
the currency try as to the eur and usd finished with a trading low by zero. 14% at $1. 3093. like the euro is overvalued lately, there may be a lower demand for it. the usd rallies being a robust performer with the latest round of trading today. thus for binary choices traders out there, get willing to set a place position within the eur/usd try.
usd/jpy
low trading characterizes the usd/jpy try by zero. 44% at 97. 94 yen. traders opine that there isn't enough high returns direct from currency try and has moved on out to alternative various assets.
if there is arguably one phenomenon that consider the movement of those currencies, it is that the volatility within the forex market. the yen is beginning to point out a bullish perspective after suffering a substantial decline within the past months, whereas giving traders a few terribly high returns. barely like the yen is showing a few strength, the dollar is showing a few weakness when paired using this currency. traders speculate that opening a place position during this currency try is a very good call.
gbp/usd
the gbp/usd try is lower by zero. 12% at $1. 5324. along with the pound obtaining weak, traders see a risk in putting cash within the try. at once, it's holding connected to bearish ground it also would profit that you definitely build a few profits if you do open a place position for your own trading try.
the complete picture presents the gbp, euro and aussie dollar ( aud ) as trading down most as to the week. trade specialists believe that the euro can exhibit a lot of of the bearish perspective. in case the us stock markets continue its slump for your own month of may, the euro may follow suit.
commodities
gold
now we have seen a few serious losses for gold last week, it also can be scheduled and get a repeat. it is sort of down by $100 and is presently traded just below $1, 400/oz. like the us dollar continues its rally today, the demand for your own safe-haven asset that would be gold plummets due towards the lack of demand for that precious metal. traders don't see high returns and reckon that a bullish perspective isn't the correct approach at this point. it's time for them to place a place position in gold binary choice whenever the trading market opens.
silver
silver is relatively quiet lately because it goes down by over 1% at $23. 35. conjointly showing a bearish environment, silver’s performance resulted from experiencing short-term volatility.
crude oil
traded at nearly $2, crude oil can be experiencing a relatively low trading day. whereas crude oil inventories reached towards the highest level in 20 years, it's seemingly overvalued. this weak world data is compounded by falling imports from china and traders are turning their cheeks the opposite manner. the usd’s rally to point out a powerful performance can be exerting an unfavorable downward pressure on crude oil. a place choice is a very good position for binary traders nowadays.
stock market earnings
on friday, nasdaq experienced a fall by zero. 28% whereas the s&p experienced a dip of zero. 16%. similarly, the dow jones was badly hit regarding that day. but this market picture for that day appearance, there may be a sense of bullishness like the index has experienced substantial gains within the previous trading week. when you are setting your eyes on high returns, the decision choice will be your ally in creating big cash today.
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