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Gold Heads for Biggest Weekly Drop in Over 28 Years on Dolla
Gold headed for its steepest weekly decline in more than a quarter-century in London as the rising dollar and plunging equities curbed investor demand for the precious metal.
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Canada's Inflation Rate Dips to 3.4% in September
Canada's inflation rate edged down to 3.4% in September, despite sharply higher prices for food and gasoline, Statistics Canada reported Friday. 5
Five Trading Behaviors I'm Seeing Among Traders Making Money
As I'm writing this, the ES futures are lock limit down and my email count is off the charts. Lots of fear, not much greed: fear, not only for one's trading, but for retirement savings and the economy. Most of people's money is tied up in some co 5
Has the Dollar Topped Out?
In the face of Thursday’s 200 point positive and negative swings in the Dow, it could be argued that the US dollar has been relatively stable if you 5
Fed Move Signals Possible 50 Point Cut
The U.S. Federal Reserve’s decision on Wednesday to alter the formula it uses to determine the interest rate paid to depositary institutions on excess balances may signal another 50 basis point rate cut next week, according to Scotia Capital. 5
Oil Falls Below $67 as OPEC Mulls Supply Cut
Oil fell below $67 a barrel on Thursday ahead of an emergency OPEC meeting expected to consider supply cuts after a 45 percent drop in prices from record highs hit in July. 5
Jobless Claims Rise More Than Expected
The number of U.S. workers filing new claims for jobless benefits rose by a larger than expected 15,000 last week, government data on Thursday showed, reinforcing evidence about the weak state of the labor market. 5
Foreign Currency Doesn't Suffer from a Global Recession
I just took a look at the headlines and noticed that the Nikkei just plummeted more than 7% in early Japanese trading because of global recession fears. News flash: This isn't breaking news. Situations like this make me so glad that my financi 
