Archive for January, 2010

British Pound Continues to Retrace

Talking Points •    Japanese Yen: BoJ to Maintain Accommodative Policy •    Pound: U.K. Home Prices Increase for Fourth Month •    Euro: ECB Concludes Swap with SNB •    US Dollar: Risk Trends to Drive Market Volatility British Pound Continues to Retrace the Decline From December, Euro Remains Supported by 200-Day SMA The British Pound crossed back [...]

Gold Enjoys Big Move in 2009

NEW YORK (TheStreet) — 2009 was a golden year with bullion making a $340 upwards move (+35%) from Jan. 3 to the Dec. 26 highs. At the same time the Usd was the one of weakest currencies in global trade. However, since Dec. 3 and the last U.S. non-farm payroll report, gold has declined by [...]

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