Read More Gold Snaps Two Week Losing Streak Outlook Hinges on Europe
Crude oil may consolidate as abundant supplies cap prices below the mid-$80’s. Gold’s streak of sessions without losses is at nine. Read More Crude Oil May Consolidate, Gold Streak Reaches Nine Sessions
Crude oil is holding onto this week’s solid gains ahead of Friday’s U.S. nonfarm payrolls numbers. The commodity remains close the top of an 11-month range. Gold’s win streak finally ended on Thursday, but the metal has been strong this week. Read More Crude Oil Uptrend Intact, Gold Win Streak Ends
Petroleum inventories in the U.S. are now at 10-year highs, while gasoline and distillate inventories are at record seasonal levels. Nevertheless, crude oil continues to hold firm on optimism regarding emerging market growth and the consequent impact on oil demand. Gold tested $1200, but backed down. Read More Crude Oil Holdings Steady Despite Elevated Inventories, [...]
FXstreet.com (Barcelona) ? The Australian index is up barely 0.1% in early trade, softly positive… For more information, read our latest forex news. Read More SdanP ASX 200 to keep up win streak
It has not been a favorable day for the Canadian dollar as stocks went down globally, the crude oil, one of the nation’s main export tumbled, and more risk averse traders opted for the safety of Canada’s counterpart currency in the United States.(…)Read the rest of Canadian Dollar Deepens Losing Streak (144 words) Posted on Forex News. Read More Canadian Dollar Deepens Losing Streak
After speculations suggesting that the Brazilian currency will suffer further interventions from the national central bank to stop is rally, the real had a negative performance this week that only ended today after global optimism rose attractiveness for assets in emergent markets.(…)Read the rest of Brazilian Real Ends Losing Streak on Global Optimism (67 words) Posted on Forex News. Read More Brazilian [...]
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