Trading news
May 1, 2013
Gold: Bulls building case to break higher towards $1,500 - 2ndSkies
Gold continues to correct into higher ground after the blood bath from Feb 12-16, where a malicious selling stampede sent the price from $1555 into a bottomless fall only stalling 4 days later around $1315, a 51-month low.
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May 1, 2013
Forex Flash: USD/CAD modest bounces liable to attract sellers for now - TDS
“No bounce at all in the CAD and the continuing trend lower may extend from a short-term point of view,” note Toronto based FX Research Team at TD Securities, when USD/CAD is last at 1.0070, off fresh 2-month low at 1.0050 in early NY trade, down -0.93% for the week so far.
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