GULF ECONOMY NEWS WIRE

• Saudi banks deposits grow to SR 1.1 trillion - Mon May 20 05:43:06 2013

  A study conducted by the economic unit at the newspaper on the volume of call deposits and saving in Saudi banks listed in stock markets found out tha ...

  20/05/2013 05:43:06 AM

• Gold falls to one-month low as Fed comments lift dollar - Mon May 20 05:43:06 2013

  LONDON: Gold fell for a seventh straight session yesterday, its longest losing streak in four years, as speculation that the US Federal Reserve may so ...

  20/05/2013 05:43:06 AM

• New investment grading spurs Turkish markets - Mon May 20 05:43:06 2013

  ISTANBUL: Turkey hailed its second investment grade rating, seeing it as a seal of approval from international markets for a decade of economic reform ...

  20/05/2013 05:43:06 AM

• Major Saudi firms in Forbes Top 500 list - Mon May 20 05:43:06 2013

  With the support of Sheikh Nahyan Mabarak Al Nahyan, the UAE's minister for culture, youth and community development, Forbes Middle East hosted a pres ...

  20/05/2013 05:43:06 AM

EURUSD Market

• EURUSD sell-off continues with the bears in full control easily taking out 1.2877 support. ...

  EURUSD sell-off continues with the bears in full control easily taking out 1.2877 support. Trend and momentum indicators are solidly negative, while t ...

  18/05/2013 08:24:02 AM

• EURUSD heavily sold-off to 1.2888 this morning on the very disappointing GDP numbers relea ...

  EURUSD heavily sold-off to 1.2888 this morning on the very disappointing GDP numbers released across the Euro-Zone. With the trend and momentum indica ...

  15/05/2013 08:24:03 PM

GBPUSD Market

• GBPUSD recovery bounce failed to hold above 1.5300 resistance, signaling the bulls lack th ...

  GBPUSD recovery bounce failed to hold above 1.5300 resistance, signaling the bulls lack the numbers to reverse the current direction. The negative pre ...

  18/05/2013 08:24:03 PM

• The negative pressure on GBPUSD intensified on the BoE King's comments regarding the negat ...

  The negative pressure on GBPUSD intensified on the BoE King's comments regarding the negative deposit rates. The pair bounced to 1.5273 after the weak ...

  16/05/2013 08:24:03 PM

1 Hour Chart - EURUSD