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Gold Weekly Fundamental Analysis May 28 – June 1, Forecast
Gold closed down slightly on the week at 1572.25, negating last week’s bullish hammer in the candlestick charts. This is gold’s 2nd week below the previous long-term uptrend and thus the outlook remains bearish. Overnight strength in the dollar
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Crude Oil Fundamental Analysis May 28, 2012, Forecast
Crude Oil edged up slightly as the USD weakened a bit in early trading, although the USD regained strength a little later. Comments by Italian Prime Minister Monti sparked markets and pushed the euro up until the remarks were rebuffed by German C
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Dollar Index Analysis Update – 26th May 2012
Dollar Index Analysis Update – 26th May 2012
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Venezuela's oil basket tumbles again; hits USD 101.63 per barrel
The Venezuelan crude oil continued its downward trend, amid an oil market hit by bad signs for the global economy. The Venezuelan oil basket dropped USD 3.03 this week compared to last week s average and ended at USD 101.63 per barrel during the week ...
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Flash: EUR/USD Gexit might even affect the euro negatively Commerzbank
Should this development be confirmed EUR-USD might lose considerable ground in the run-up to the elections". Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work ...
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Euro Rallies to New Lows
The euro was rallying to new lows today, reaching the lowest level since 2010, on concerns that regional governments of Spain would meet obstacles in reaching capital markets.
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Negative Q1 GDP Growth in UK Weighs on GBP; FTSE 100 Hovers
High yielding currencies were lower during the last few sessions, propelled in part by disappointing growth figures out of the UK. First quarter GDP numbers in the UK were lower than market expectations (largely on weakness seen in the constructi
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Silver Forecast May 25, 2012, Technical Analysis
The silver markets bounced just slightly on Thursday in an underwhelming effort to recoup some of the recent losses. The action lately has been very poor and this market looks broken. The $27 level is by far the most obvious support level, and a
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EUR/GBP Forecast May 25, 2012, Technical Analysis
The EUR/GBP pair has fallen apart over the last three days as the Thursday session turned away the buyers. The bounce from the 0.80 level fell flat, and the day closed with a shooting star just at the level, which looks very bearish to say the le
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Canadian Dollar Remains Depressed by European Crisis
The Canadian dollar fell today, dropping for the fourth straight day against its US peer, as fears of a collapse of the eurozone made Forex traders prefer the US currency to the Canadian one. The currency was flat against the yen.
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Singapore Stocks-May rise on higher US; Greece worries may cap
----------------------MARKET SNAPSHOT @ 0009 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1320.68 0.14% 1.820 USD/JPY 79.62 0.1% 0.060 10-YR US TSY YLD 1.786 -- 0.003 SPOT GOLD 1556.89 -0.09% -1.360 US CRUDE 90.87 0.23% 0.210 DOW JONES ...


