The US Energy Information Administration has raised its forecast of OPEC's oil export earnings for 2010 by $9 billion to $759 billion.

Nigeria's daily average crude oil export in the month of November maintained a steady rise in the production chart of the Organization of Petroleum Exporting Countries (OPEC) even as Nigerian National Petroleum Corporation (NNPC) has declared that total output including

Looking for some gifts for your favorite quilter that won't break the bank? Here is a list of great items that this quilter (and probably your quilter) can't live without!-Curved safety pins are used for holding the three parts of

Interbank FX (www.interbankfx.com), a leading off-exchange retail foreign currency (Forex/FX) broker has recently introduced Intraday hedging to all demo accounts with plans to introduce Intraday Hedging to live accounts before the new year. Earlier this year, the NFA issued new

iFOREX.bg Forecasts and Trading Signals http://www.zifx.com

UK jobless claims falls for the first time since Feb 2008 aids risk appetite ECONOMIC DATA (SW) Swedish Riksbank left its Repo Rate at 0.25%; as expected (RU) Russia Nov Producer Prices M/M: -0.5% v -0.2%e; Y/Y: 6.5% v 5.9%e

A discount rate increase would be a bombshell and trigger huge dollar gains. Overall, this looks unlikely and the Fed is not likely to meet the more hawkish market expectations with the dollar vulnerable to an initial sell-off. The risk/reward

The USD remains buoyant as the tide of news and data seems to be shifting favour away from high beta currencies into year end. The last few weeks have seen a melee of separate factors jolt markets out of their

THE wettest November since records began kept shoppers indoors and led to a tough month for retailers in the run up to Christmas, figures showed today.

Even though the British economy has been showing improvement recently as indicated by the data released, especially in the third quarter, still rising unemployment remains the major threat jeopardizing recovery. The recession-mired economy mitigated the pace of contraction in the

Market Brief The USD was able to hold gains in the Asian session. The EURUSD started the session at 1.4535, as growing concerns over European sovereign risk and Austrian banking sector, combined with the hawkish shift in FOMC expectations, after

Daily Pivots: (S1) 144.71; (P) 145.39; (R1) 146.42; More GBP/JPY's recovery from 141.99 extends further today and further rise could still be seen. But after all, we're still treating such choppy recovery as a correction to fall from 149.15 only

Daily Pivots: (S1) 129.62; (P) 130.18; (R1) 130.83; More . Intraday bias remains neutral in EUR/JPY for the moment and some more sideway trading cannot be ruled out. But still, we'd favor the case that rebound from 126.88 has completed

Daily Pivots: (S1) 0.8908; (P) 0.8954; (R1) 0.8980; More . At this point, intraday bias in EUR/GBP remains on the downside with 0.8999 minor resistance intact. As noted before, rebound from 0.8833 has likely completed at 0.9153 already and further

The USD rose as much as 1 percent near to a two-month high versus the EUR on speculation that the Federal Reserve will withdraw stimulus measures amid signs that the U.S. economic recovers. While ECB council member Ewald Nowotny said

iFOREX.bg Forecasts and Trading Signals http://www.zifx.com

Daily Pivots: (S1) 1.4473; (P) 1.4567; (R1) 1.4632; More EUR/USD's fall from 1.5410 is still in progress and should be targeting mentioned 1.4483 cluster support (23.6% retracement of 1.2329 to 1.5143 at 1.4479). Break there will further confirm the medium

Daily Pivots: (S1) 1.6208; (P) 1.6262; (R1) 1.6320; More Intraday bias in GBP/USD remains neutral for the moment as sideway trading from 1.6166 continues. Another rise cannot be ruled out but still, upside is expected to be limited well below

Daily Pivots: (S1) 1.0332; (P) 1.0381; (R1) 1.0451; More USD/CHF's rally from 0.9916 is still in progress and should be targeting 200% projection of 0.9916 to 1.0175 from 0.9959 at 1.0477 next and then 1.0590 support turned resistance. On the

Daily Pivots: (S1) 88.81; (P) 89.37; (R1) 90.18; More . USD/JPY's break of 89.80 minor resistance suggests that rise from 87.36 is resuming for 90.75. Break there will indicate that whole rebound from 84.81 has resumed and should target 92.31