Monthly archive January, 2013

It’s been a quiet European session, as the only significant economic release was the Euro-zone money supply and very little chatter was seen from European leaders. Despite the quiet session, Sterling set new five month lows against the US Dollar following Read More →

The British Pound fell following comments from soon-to-be Bank of England Governor Mark Carney suggesting he will pursue further monetary easing. Talking Points British Pound Sinks as Carney Hints at Further Easing Ahead US Durable Goods Orders Data May Disappoint Expectations Caterpillar Q4 Report Read More →

Dollar: Either Greenback or EUR/USD Rally Must Surrender There was an unusual contrast this past week where the EURUSD advanced to its highest weekly close in 11 months at the same time that the Dow Jones FXCM Dollar Index (ticker = Read More →

Gold Falls as US Dollar and S&P 500 Surge Fundamental Forecast for Gold: Bearish Gold Under Pressure as Investors Appear to Rethink the Appeal of Metals Commodity Read More →