Gold and Silver Prices Ended the Week Falling –Recap
Gold and silver changed direction on last day of the week and were traded down. Crude oil (WTI) price also shifted gear and bounce back from its downward trend of past days.
January NFP Data - Post Analysis
January's payrolls report is unambiguously positive. The headline payrolls change was much stronger-than-expected at 243K (consensus = 140,000 Markets.com = 135,000)
OpenBook Traders Gain on Wall Street Rally
Wall Street rallied on the U.S. Non Farm Payrolls report which showed that 243K jobs were created in the month of January. The unemployment rate dropped to lowest level in 3 years at 8.3%. The data beat analyst expectations and boosted U.S. Dolla
Daily Forex Brief | Surprising US jobs
Having been the main disappointment for most of the US recovery, the US jobs numbers have mostly surprised to the upside in recent months, with five of the past six releases coming out stronger than expected on the headline number.Also today:
Ruble Decline After Bank Rossii Keeps Rates Unchanged
The Russian slid today as Russia’s central bank kept its main interest rates unchanged and crude oil, the main nation’s export, traded near the lowest level in six months.
US Labor Data Beats Forecasts, Unemployment Rate Falls Again
The U.S. Bureau of Labor Statistics reported earlier that January’s non-farms payroll data showed the creation of 243,000 new jobs. Analysts polled ahead of the release were forecasting an increase of only 150,000 new jobs. December’s data was re
MCX Bullion Gold Silver get declined
MCX Gold April is currently at 28545, it is trading up by 41 points for the day. Comex Silver is currently trading at $34.17 whereas MCX Silver March is currently trading at 57290, it is up by 267.
Euro/USD Slightly Fell on Thursday–Daily Recap February 2
The Euro slightly fell yesterday against the U.S. dollar on Thursday; the recent U.S. unemployment claims may have had some influence of forex traders during yesterday. Many other currencies also depreciated against the U.S Dollar including Canad
Gold Fundamental Analysis February 3, 2012, Forecast
Just a heads up since gold is volatile and will react to most economic indicators we will begin to post the daily calendar with events that could effect the price of gold. The gold price is sensitive to a number of scheduled U.S. and Euro area ma
Natural Gas Fundamental Analysis February 3, 2012, Forecast
Natural Gas shot up today to 2.5578 on surprising inventory reports. The U.S. Energy Information Administration stated in its weekly report that natural gas storage in the week ending January 27 fell by 132 billion cubic feet after falling 192 bi
Oil Forecast February 3, 2012, Technical Analysis
The Light Sweet Crude markets fell again for the session on Thursday as the economic picture is finally weighing on the minds of traders. The lack of demand has been all but ignored recently, and as a result the market is far overbought. The $98
OpenBook Traders Jockey for Position as NFP Looms
The U.S. government will later today release data for January’s non-farms payroll sector. The ADP report released on Wednesday showed that 170,000 new jobs were created against expectations of 185,000 and a marked decline from 325,000 in December


