Tag Archive | "Forex"

Gold Drops To Eight-Week Low | Gold Price Prediction July 2010

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Gold has witnessed some serious decline this month amid tight economic conditions in States. Gold is currently at $1,176.31 which dropped from $2,157.09, a sharp and unexpected fall. The economic situation has made it easy for investors to invest and make enormous profits from Foreign Exchange market and Stock Market. Euro has recently increased and economists believe that it will continue to rise till the end of September allowing investors to earn 22% profits on investments and therefore very few investments are being done in bullion and gold certificates.

The reason for fall of gold is due to precious metal’s slim demand however Gold miners are positive about the market in Future. Silver have also slipped to 0.8% in single day. The gold prediction in July and August looks bearish as investment opportunities in equities and trade have captured the market. The gold’s drop to eight-week low have already effected many countries regarding economic situation and other gold-backed investment portfolios. Analysts predict that after a short-fall in trade of Gold in the month of July, gold will rise to 11%.

[Source: Kitco]

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Pound Vs. Euro | Pound Slides Against Euro

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Pound sterling hit to a seven-week low against Euro and it is expected that the trend will continue till the week-end. The Euro has been sharply rising since last Friday against major currencies and it has been predicted by our financial analysts that Euro will keep on rising till the month of September. The forecast for euro currency exchange rate is positive and investors will benefit from the upward market trend of Euro. “Euro will never crash or come to an end”, says Ferell Johnson, Cheif Executive of Universal Exchange. Traders have witnessed heavy movements in euros which drove the pound down and euro up. The dollar rose to 0.4 percent to $1.5226 against sterling which gave stability to greenback. The Euro is currently traded at $1.29. Heavy euro trading has been recorded after the news of euro currency rise, forcing forex investors to head for eurozone instead of sterling. The former President of Oxbridge has commented saying the pound fall is forced by the U.K. Govt. to increase euro trade, the second reason for pushing pound down is to create a hedge against euro for long term investments therefore the new investors are advised to buy pound sterling if they seriously want to trade and earn more than 20% profits.

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Euro Rises Against Dollar To Two-Months High | News & Analysis

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The Euro currency exchange rate rose against U.S. Dollar Thursday, after frequent stock fluctuation. The market has again showed Euro investors hope that Euro will recover to new extents and this time profiting to almost 23.5%. “The currencies are following the fluctuation in the equity market and setting up the market trend for itself”, said Fabian Elision, head of U.S. currency sales at ASZ Financial Group Inc.

It is believed that the growth of euro is due to Fitch Ratings which confirmed its stable outlook for Spain. The euro increased 0.4 percent to $1.2895 in New York from $1.2724. The euro was traded at 112.62 yen. The prediction for Euro currency exchange rate by our financial expert came to be true as the trend followed by the market was posted on 29th of June 2010.

Investors are now scrambling to buy eurozone bonds as it is expected to climb and will effectively profit investors in the coming months of August and September. The euro equity markets have also functioned slowly for the last 6 days which improved the rating of euro because of heavy trading and investments

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World Stock Market Summary Amid FIFA World Cup 2010 | News & Analysis

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The stock markets around the world after FIFA world cup final 2010 looks sharp and upward as markets are steady and gaining around the world. The Dow, which was below 9,980 points last week is has now crossed 10,225 points which has shown enormous growth in the new york stock exchange. A similar trend was seen in Nasdaq and S&P 500 where they also showed signs of growth amid FIFA World Cup Final 2010.

On the other hand, the European and Asian markets have also shown positive inclination in stocks and foreign exchange market. The FTSE has gained more than 70 points in single day trading and it is expected that the FTSE forecast will be positive in future. The NIKKIE of Japan saw drop in 40 points but Hang Seng and Straits Times have seen +88 points and +10 points respectively. The Spanish Stock Exchange IBEX 35 have seen some dramatic downward trend after FIFA world cup but it is predicted that the stock exchange will soon recover after heavy losses it has witnessed since May 2010.

The Frankfurt Stock Exchange has seen positive trend and has increased to almost 2.3% since the winning of Germany against Uruguay securing it’s 3rd position in FIFA world cup 2010 which held in South Africa.

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British Pound Sterling | Foreign Exchange News & Analysis

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British Pound and US Dollar Exchange rate is now 0.4% lower making 1 GBP = 1.5131 USD. Pound also lost against Euro where 1 GBP = 1.1961 EUR. The British pound has witnessed the lowest level since two weeks early this morning in London. The British Pound Sterling exchange rate has weakened against sixteen major and heavily traded currencies around the world.

The news about economic turmoil and no recovery of British job market has created uncertainty in forex market as investments have turned down to lower levels. The future of Pound sterling is seen as declining due to fewer trade and economic burden.

The UK government was previously warned about the economic conditions which would be faced by it in the matter of no time but the government paid no heed. The Bank of England has currently put at halt the change in interest rates which they believe will lessen the economic burden on middle-men. The forecast of British pound sterling is bearish. It is predicted by Jim Rogers that the UK government had made many mistakes which will now allow it to generate income in the upcoming four to six months. The prediction of Pound Sterling is negative because of the economic trends which have caused the government huge losses and no bailout is expected in shorter terms.

Investors are expected to benefit from the lower pound rates by buying bulk currency in the month of August when the exchange currency will be badly hit by recession.

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World Stock Markets Fall | Wall Street On The Rise | News & Analysis

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The Stock Markets around the world were seen under negative trend specially in China where the industrial companies dropped and banks of China were seen rising. The stock markets around the world were cautious as U.S. services reports were disappointing allowing investors to be cautious in making investment move.

On the other hand the wall street was seen rising and Dow is now unexpectedly rising above 10,000 points. Crude oil was seen dropping whereas the dollar also fell against yen. Euro currency exchange which was expected to rise also weakened. The forecasting of Jim Rogers was wrong on Euro which he gave a month back.

Negative market trend was witnessed in European markets as FTSE was up 2 percent to 5,080.55. Germany’s DAX opened 0.1 percent lower to 6,010.47. Investors believe that Fifa world cup semi final match which was held in South Africa between Germany and Spain caused DAX to fall this morning. France’s CAC-40 was on 1.3 percent to 3,529.65 and Jap’s Nikkei 225 stock average closed down 0.3 percent at 9,276.65.

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World Stocks Comes To A Hault Amid Worries Over US Recovery | News & Analysis

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The trading was bearish on Monday amid worries over US economy and job market. It is believed that the world’s largest economy is suffering whereas other figures indicate that China’s economy could also be effected and slowed down.

The NYSE Dow Jones is currently at 9686 points. The British Stock Market FTSE 100 was recorded flat at 4,836.28 whereas Germany’s DAX was recorded at 5,834.21 and France’s CAC-40 was recorded at 3,340.00. Shanghai index was down by the afternoon at 2363 points whereas Nikkie was at 9266 points.

On the other hand, the forex market also witnessed some fluctuation as dollar rose and euro declined. The world forex market will soon go down due to corrections but this process could take a week. The analysts believe that the giant economy is responsible for the recent economic downturns.

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UK Stock Market Forecast July 2010 | Stock Market Predictions | News & Analysis

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FTSE has dropped to nearly 10 month low. The FTSE 100 is currently at 4,790 points and is still predicted to fall but analysts believe that the market will soon recover and will reach to 5,480 points. The matter of fact is that BP shares are on the rise which is not possible for investors to digest. The market falling and the BP shares rising is creating a panic in the market and investors are not sure about the future of the FTSE. The best time considered for new investors to enter market is now because the rates are lower and the shares prices are least. The investment sector should be targeted by previous market data prioritizing the airlines sector, food sector and energy sector. These sectors are predicted to give maximum returns on investments because their portfolio and market history have shown profits previously after decline. Investment in banking sector should be avoided because banks are also pulling their shares away from the market due to declining market and riskier investments.

The forex market is also getting stronger with weaker dollar and soaring pound. The euro currency exchange rate forecast have shown that the eurozone is likely start recover by the end of this month which will also allow the stock market to gain and incline. The future of the UK stock market is blurry and investors are panic-selling their shares which is not advisable at the moment. Pulling out investments from stock market and investing in Gold certificates due to Gold price rise is now attracting investors because they believe that the gold market provides hedge against the sinking stock market.

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Euro Currency Exchange Rate Forecast July 2010 | Currency News & Analysis

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Euro dips 0.2 pct to $1.2345 which is another negative day for eurozone. The Swiss franc also hit high against euro but this news will short live because analysts have predicted euro to incline in the month of July and will keep on rising till October. The investors are advised to buy euros now and sell in the month of September which will earn you a 20% gain on investments.

On the other hand, the dollar is stable again and will be stable for long unless another oil spill clean sweep budget is decided.Sterling has also hit high against euro and dollar. The sterling investors have the opportunity to cash their pound investments and if they decide not to, its fairly okay because sterling peak time will continue till a couple of months. This is euro’s 18 month low against sterling but euro will soon start recovering by the mid of July and will continue to incline almost 22%. Euro showed heavy selling around the world because investors are stockpiling the currency for safer and profitable investments. The Euro outlook now looks attractive against U.S. Dollars

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European Euro Currency Exchange Rate Forecast | News & Analysis

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The Euro is currently at 1.1948 U.S. dollars and is expected to fall more till next week. Analysts predicted that euro debt crisis have become a global problem and with that investors are now questioning the strength of euro to be a global reserve currency. The euro have a history of fluctuation and this time the downfall of euro currency was fast hitting the ground rapidly losing it’s essence to attract investors. Those big players who had euro as an investment found the market formula and sold euro at the right time. Here at Financiere, we will help our readers to safely invest in Euro and then sell it at the right time to earn almost 22% profits.

The falling euro prices is good for those who are new to investments and it’s time to bulk buy euros and stock them as much as you can so to sell them after 3 to 4 months for maximum profits. This has been the history of euro ever since it entered the exchange market. The analysts have predicted that the prices will rise again this time hitting the heights, 1.6898 U.S. Dollars which will return a great amount of profit on selling. It has been predicted that the euro currency exchange rate will rise again in the month of August and will keep on rising till January 2011. Therefore it should be a major investment because the next savings and investment opportunity is far away.

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