CURRENCY TRADING SUMMARY -11th January (00:30GMT) U.S. Dollar Trading (USD) weakened considerably across the board as December US jobs numbers missed forecasts. December Non Farms at -85k were expected at 0k. December Unemployment Rate remained at 10.0%. Adding to the USD weakness was the relative strength of the stock market after bad economic news. DJIA [...]

Record earnings from US companies sent Gold and Oil higher last week. Gold rose nearly 10% since August 2009 recording an all time high last week. Gold is being seen as a hedge against inflation, and with all the money being pumped in the economy lately, thus attributing for the strength in Gold. Oil also [...]

CURRENCY TRADING SUMMARY – 25th September (02:30 GMT) U.S. Dollar (USD) advanced higher against the majors following weaker U.S. data and a drop in commodities prices.  Jobless Claims dropped slightly to 530k while Housing Data disappointed the markets by falling 2.7% against expectation for a 2.1% increase.  Wall Street drifted lower, DJIA -41.11 points closing [...]