E Toro Saudi Arabia

E Toro Saudi Arabia Green Mark Trading

06/10/2016

Gold prices continued to struggle near the lowest level in almost four months during Europe's session on Thursday, as market players looked ahead to data on U.S. nonfarm payrolls on Friday for fresh clues on the likelihood of a December rate hike.
The consensus forecast is that the data will show jobs growth of 175,000 in September, following an increase of 151,000 in August. The unemployment rate is forecast to hold steady at 4.9%, while average hourly earnings are expected to rise 0.2% after gaining 0.1% a month earlier.
A strong nonfarm payrolls report would reinforce the view that a U.S. rate hike in December may be on the cards, after hawkish signals from senior Fed officials in recent weeks revived speculation of a rate hike before the end of the year.

01/07/2016

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your initial investment. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

10/02/2013

11 February
03:30JapanBank HolidayFebruary
03:30ChinaBank HolidayFebruary
03:30China---February
15:00Euro ZoneECOFIN Meeting
21:00United StatesFOMC Member Speaks

13/01/2013

The euro hit its highest level since April against the U.S. dollar on Friday, after European Central Bank President Mario Draghi said the euro zone economy would begin to recover this year.

EUR/USD hit 1.3366 on Friday, the pair’s highest since April 2; the pair subsequently consolidated at 1.3341 by close of trade, rallying 2.67% for the week.

The pair is likely to find support at 1.3247, Friday’s low and resistance at 1.3485, the high of February 29.

The euro extended a rally that began on Thursday after the ECB kept interest rates unchanged at 0.75%.

Speaking at the bank’s post-policy meeting press conference Draghi a gradual economic recovery would begin this year, as structural reforms and actions by the ECB to tackle the region’s debt crisis continued to take effect.

31/12/2012

Happy New Year to all of members . God Bless all of you . May allah bring more happiness this year for you .
Regards

24/12/2012

Crude oil futures were lower in holiday-thinned trade during U.S. morning hours on Monday, as investors became less confident a deal to avert the looming fiscal cliff in the U.S. will be reached before the year-end deadline.

On the New York Mercantile Exchange, light sweet crude futures for delivery in February traded at USD88.50 a barrel during U.S. morning trade, down 0.2% on the day.

New York-traded oil prices were stuck in a tight trading range between USD88.21 a barrel, the daily low and a session high of USD88.83 a barrel.

Trading on the NYMEX will close at 13:30EST (18:30GMT) ahead of the Christmas holiday on Tuesday.

Market players remained focused on developments surrounding the fiscal cliff in the U.S., approximately USD600 billion in automatic tax hikes and spending cuts due to come into effect on January 1.

19/12/2012

West Texas Intermediate Crude Oil (WTIC),(CLF), (USO) is the life blood of the US. Fluctuations in its price can destroy our economy or turn it into a powerhouse. And flipping the relationship on its head, an economic crisis can materially impact its price as well.

The spike to over $147 per barrel in 2008 was met with a crashing fall during the financial crisis. It recovered quickly and what has it been doing since early 2010? Basically nothing. Lets look closer. The monthly chart below shows a symmetrical triangle tightening around the 88-91 level. The Relative Strength Index (RSI) is also creating a tightening grip on the mid-line.

11/12/2012

Share your ideas about current situation of market

07/12/2012

USD/JPY

For the 24 hours to 23:00 GMT, the USD strengthened marginally against the JPY and closed at 82.45.

In the Asian session, at GMT0400, the pair is trading at 82.48, with the USD trading marginally higher from yesterday’s close.

This morning, the Japanese Ministry of Finance revealed that nation’s foreign reserve declined to $1.2708 trillion at the end of November from $1.2742 trillion at end-October.

The pair is expected to find support at 82.26, and a fall through could take it to the next support level of 82.05. The pair is expected to find its first resistance at 82.63, and a rise through could take it to the next resistance level of 82.78

02/12/2012

In the last couple of weeks the price of oil has been affected by geopolitical tensions in the Middle East as the conflict between Hamas and Israel has driven concerns about crude supplies. The initial conflict spurred a rally which sent the price of oil from $85.71 to $89.60 a barrel, offsetting the otherwise continuous softening oil demand and weaker economic outlook. Since the parties agreed on a cease-fire, oil dropped back down to $87.29 a barrel when news of the cease-fire spread and calmed the worries about oil supplies in the Middle East.

27/11/2012

The U.S. dollar turned broadly higher against the other major currencies on Tuesday, as upbeat U.S. economic reports lent broad support to the greenback, altough concerns over U.S. fiscal policy continued to loom.

During U.S. morning trade, the dollar was higher against the euro, with EUR/USD shedding 0.37% to 1.2923.

The euro strengthened earlier, after euro zone finance ministers, the European Central Bank and the International Monetary Fund reached an agreement to reduce Greece’s debt-reduction target by EUR40 billion to 124% of gross domestic product by 2020.

Other measures included an extension of loan maturities, a cut in the interest rates that Greece is paying on the loans from its international partners, as well as a debt buyback.

Athens was also cleared to receive a much-needed EUR34.4 billion loan installment in December, easing fears over a messy near-term default and potential exit from the euro zone.

But markets were jittery, as investors continued to monitor developments surrounding the looming “fiscal cliff” in the U.S., approximately USD600 billion in automatic tax hikes and spending cuts due to come into effect on January 1

23/11/2012

Consensus of the 47 currency strategists surveyed by Bloomberg suggests that AUD/USD will average 1.01 next year. The range of opinions is varied, however, with 0.82 the low-ball estimate, while some expect a re-test of the all-time high at 1.10. We could certainly make a compelling case for price appreciation or depreciation from a fundamental perspective, though at what level the currency closes out next year is anyone’s guess and forecasters will no doubt change their call time and time again. What seems clear to us is that while the pair has traded in a range of 1.0147 to 1.0627 since August and three-month option volatility is the lowest since 2007, this could very well be the calm before the storm.

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