Posts Tagged ‘price’
GBPUSD: The 1.5830-1.6000 Levels To Cap Recovery
Consolidation to corrective price action dominated most of GBP’s activities the past week pushing it a higher close at 1.5697. This is coming on the back of its decline off its 2009 high at 1.7041. While that continues to be seen, we expect its resistance zone between the 1.5830 and…
Cost of gas off nearly six cents in last two weeks
The average price of regular gasoline in the United States fell 5.76 cents over a two-week period to $2.67.
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United States – Gasoline – Business – Gas and Oil – Recreation
Weekly Market Wrap
Currency dealers watched US yields this week for clues on the direction FX trading would take in the first months of the new year. The dollar price action mirrored yields in the US two-year note all week: yields in the note climbed to test 1.18% early on, aiding the dollar,…
GBPUSD: Risk Points Lower Towards The 1.5706 Level
As the pair continues to extend its declines initiated from the 1.6875 level, its Nov 16’09 low following its break below its psycho level at 1.6000, threats of further downside is expected towards the 1.5706 level, its Oct 13’09 low. A breach will see a 100% price retracement (from 1.5706-…
Singapore food prices on the rise
(SINGAPORE) Food prices have risen consistently over the past few months. And given erratic climatic conditions, they could become even more of a concern going forward.
The Consumer Price Index (CPI) rose 0.4 per cent in November from October. The increase was attributed mainly to the higher cost of housing, recreation and other items, and food.
As a result of dearer vegetables, fruits and ric… more
Weekly Market Wrap
In currencies, the greenback has gained steadily this week, building on newly-discovered momentum in thinning year-end liquidity conditions, aided by technical factors and the ratings dramas in Europe. Dealers have been watching higher Treasury yields for clues on the next leg of the dollar’s price action. One European dealer warned…
SGX to launch oil futures in next quarter
THE Singapore Exchange (SGX) will launch an oil futures contract in the first quarter of next year, said the exchange’s new chief executive Magnus Bocker yesterday.
This comes as the trading of instruments linked to commodities hots up here, with another commodities exchange set to start operations soon.
The new SGX contract – effectively a bet on the future price of oil – will be linked to bunker… more
Oct consumer price index drops 0.8%
SINGAPORE’S consumer price index (CPI) fell 0.8 per cent in October from a year earlier, due to lower housing and holiday travel costs. The fall was slightly bigger than consensus expectations of a 0.4 per cent dip in October’s prices from last year’s relatively high base.
… more
Inflation forecast to be higher in 2010
(SINGAPORE) Inflation is now expected to be higher in 2010, as a result of increased Housing and Development Board property values.
The government has revised its consumer price index (CPI) inflation forecast to between 2.5 and 3.5 per cent, from a one to 2 per cent range previously.
This is to account for the Inland Revenue Authority of Singapore’s recent revision of annual values of HDB properti… more
EURUSD: Looks To Trade Towards The 1.5000 Level & Beyond
Risk continues to build to the upside having halted its corrective declines initiated off the 1.5062 level. Th e current price development is coming on the back of a turn ahead of its rising LT trendline drawn off the 1.2456 level. The mentioned strength has taken back half of its…





