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Does US dollar has to decline for gold to do well?
Needless to say, Thursday was nothing short of an orgasmic day for Gold bears and Dollar bulls. The precious metals complex crumbled along with the Euro, while the greenback was higher.
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Germany’s Inflation Rate Remained at 0.8% in January
The inflation rate in Germany, Europe’s largest economy, held steady in January as clothes prices fell and rising joblessness damped demand
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German exports see steepest fall since 1950
German exports fell by 18.4% in 2009, the sharpest drop since 1950, new data showed today, as China officially overtook the biggest European economy as the top global exporter.
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Housing starts turn white-hot
Housing starts in January exceeded expectations, making it appear more likely that our lopsided housing market, which currently favours sellers and rising prices, will gain more balance as the year wears on.
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BNZ Survey: New Zealand Business Confidence Slightly Eases
New Zealand's business confidence eased in the beginning of 2010, but continued in a positive territory, results of a survey conducted by the Bank of New Zealand showed Tuesday.
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German Exports Unexpectedly Rose for Fourth Month in Dec
German exports unexpectedly jumped in December, notching their fourth successive monthly gain, as the global recovery bolstered demand for goods from Europe’s largest economy.
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Euro near eight-month low against US dollar
THE EURO remained near eight-month lows versus the dollar on world currency markets yesterday, as investors continued to fret about debt problems in Greece, Portugal and Spain.
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Forex Daily Outlook – February 9th
The week is warming up with a busier calendar today. Let’s see what’s awaiting us.
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Experts are wrong on gold: Howard Katz
Gold’s action was scary last week – for all those who focus only on the short term. But these are precisely the people who cannot see the big picture. And because they cannot see the big picture they cannot predict the big move. And the big money
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Euro Mixed Amid German Reports
At 2:00 am ET Tuesday, the German trade balance and final CPI reports for the month of December and January, respectively were released. Amid the release of the reports, the euro showed mixed trading against other major currencies.
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Daily thoughts and charts 2-9-10
The consolidation continues and the euro shows modest signs of recovery, currently testing last two days’ top side into the 1.3720/40 region. Intra-d
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Oil below $72 in Asian trade
Oil resumed its sell-off in Asian trade Tuesday after slight gains overnight, with regional stocks mostly lower and sentiment weighed down by weak US demand and debt woes in the eurozone. 
