The Canadian dollar stuck like glue to the Greenback with both GBP/USD and GBP/CAD weakening by a cent and a half over the eight days.
As much as anything this was because the Canadian economic data were so few and far between.
Canada reported a healthy 7.5% increase in building permit issuance, 82k new jobs and [...]
Archive of posts filed under the CFD Trading category.
FX CFD Trading: GBP/CAD Falls amid Strong Canadian Data
Pullback in Gold CFDs Could See Prices Push Higher
Another push higher maybe on the cards before a correction
Last week’s price action may provide a clue to what lies ahead for the stock indices. Given that the markets saw a minor decline, overall the consolidation taken place over February may see a breakout take place this month.
There are no guarantees that this will [...]
Faltering Chinese Economy Weakens AUD Contracts for Difference
In forex Contracts for Difference trading, the Australian dollar and the Japanese yen were the week’s worst performers among major currencies, the Aussie losing two cents against the pound.
It is nearly 6% off its record high in mid-February.
Little blame can be attached to the weak economic data; they only began to appear Monday morning [...]
Gold CFD Trading Market Pushes Higher on Weaker US Dollar
Gold prices eked out small gains in recent CFD commodities trading activity, on the back of a weaker dollar and as traders sought bargains after the previous session’s sell-off and as the first quarter neared its end.
Bullion ended the quarter up 6.6%, recovering from its drop in the fourth quarter, its first quarterly decline [...]
Gold CFDs Rally amid Weakening US Dollar
European markets rebounded today after three successive days of losses to end a negative week on a positive note.
News that EU finance ministers had agreed a temporary increase in the bailout fund to either €700bn or €800bn, depending on who you happen to speak to, barely registered a response from CFD trading markets, given how [...]
Fundamental and Technical Review of Gold and Silver
Gold
If one looks at the fundamental issues, it would seem that the factors that pushed the gold CFD trading market over the US$1,900 per fine ounce level in September 2011 are slowly being brought under control.
The latest economic data from the United States has been largely positive, at least for the moment.
The Euro [...]