Crude Oil Drifts Lower
Crude oil prices have eased back at the start of this week, with a barrel of Brent costing $62.25 and WTI $57.25.
US
EURUSD Price Forecast December 5, 2017, Technical Analysis
As we opened the trading session on Monday, we obviously gapped lower in favor the US dollar during Asian trading, perhaps in reaction to the tax bill making significant gains through the US Senate.
Gold Bugs Bathe In The Warm Summer Sun
For gold bugs, and even for their lesser brethren in silver, not only is the sun shining in the summer months, but the sun is truly shining on gold as a confluence of factors helps to propel the precious metal ever higher, and one wonders when the angst laden doom mongers will appear forecasting an overbought position.
Copper Shorts Squeezed As The Red Metal Shines
The current bullish trend for copper shows no sign of slowing just yet with the red metal touching a 3 year high largely driven by increasing demand from China(FXI, quote), along with a fall in inventories in the London warehouses.
Pounded Pound Stages Relief Rally On Strong UK Data
The pound, already out of favour ever since the Bank of England’s last policy meeting a couple of weeks ago, fell further yesterday in response to softer-than-expected UK inflation figures.
DAX: Stocks Rebound After Big Sell-Off
After yesterday’s big sell-off, European equities have bounced back and US index futures point to a higher open on Wall Street.
EURUSD Forecast June 15, 2017, Technical Analysis
The EURUSD pair shot like a rocket into the stratosphere after less than impressive US numbers came out during the early New York trading.
The Fantasy World Of The FED
Do you remember the halcyon days when rising interest rates and increasing interest rate differentials were the precursor to a stronger currency?
Gold UK Elections, ECB and Comey Testimony Among Week’s Highlights
It is going to be a big week for the markets this one, especially towards the end of it. Among other things, we will have the UK’s general elections, the ECB’s latest policy decision and former FBI Director James Comey’s testimony all to look forward to on Thursday.
EUR/USD Forecast May 15, 2017, Technical Analysis
The EURUSD pair broke higher during the session on Friday, clearing the top of both the Wednesday and Thursday candles after less than stellar US numbers came out.