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Forex News: Technical Recession Can’t Keep the Euro Down

So the Euro-zone has entered a technical recession. That seemed to be the attitude in currency markets as the Euro stayed higher against the US Dollar despite the report of a second quarter of a contracting economy. The GDP release was Read More →

Forex News: Technical Recession Can’t Keep the Euro Down

So the Euro-zone has entered a technical recession. That seemed to be the attitude in currency markets as the Euro stayed higher against the US Dollar despite the report of a second quarter of a contracting economy. The GDP release was Read More →

Commodities: Gold, Silver May Rise as US Inflation Hits Six-Month High

Gold and silver prices may rise amid expectations US inflation hit a six-month high in October, boosting demand for precious metals as a hedge against price growth. Talking Points Gold and Silver May Rise as US CPI Puts Inflation at 6-Month High Crude Read More →

Commodities: Gold, Silver May Rise as US Inflation Hits Six-Month High

Gold and silver prices may rise amid expectations US inflation hit a six-month high in October, boosting demand for precious metals as a hedge against price growth. Talking Points Gold and Silver May Rise as US CPI Puts Inflation at 6-Month High Crude Read More →

Dollar Breaks Critical 10,000 Resistance but EUR/USD Higher?

Dollar Breaks Critical 10,000 Resistance but EUR/USD Higher? Euro: Will the Market Take German GDP as Lightly as the Greek Recession? Japanese Yen Tumbles after Noda Calls Election, Abe Talks Stimulus British Pound Barely Drops Below 1.5900 BoE Downgrade, Jobs Data Swiss Franc a Read More →

Forex: Euro Needs Big Miss on GDP Data for Bearish Follow-Through

The Euro will likely need a particularly disappointing set of third-quarter German and region-wide GDP figures to yield significant bearish follow-through. Talking Points Euro Needs Sharp Disappointment on German, EZ GDP to See Bearish Follow-Through ECB Monthly Report Sought for Growth-Supportive Policy Clues, Read More →