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Commodities: Crude Oil, Gold May Rise on US Consumer Confidence

Commodity prices may rise as US consumer confidence hits a 62-month high, boosting risk appetite and applying downward pressure on the US Dollar. Talking Points Commodity Prices Flat, Looking for Direction in Early European Trade Crude Oil, Gold May Rise as US Consumer Read More →

Forex Analysis: US Dollar, Yen Vulnerable on Risk Appetite Recovery

The US Dollar and Japanese Yen appear vulnerable as a corrective bounce in risk appetite is reinforced by expectations for an improvement in US consumer confidence. Talking Points German CPI Unlikely to Stir Euro Volatility After ECB Rate Decision Dollar, Yen at Risk Read More →

Dollar Slow to Offer EURUSD Progress While Stocks Plunge

Dollar Slow to Offer EURUSD Progress While Stocks Plunge Euro: Be Careful of a Crisis Relief Rally British Pound Lets its Stimulus Effort End, Sterling Exposed Japanese Yen Rallies Across the Board, Outpaces Dollar Swiss Franc May Stay Away from 1.2000 as Authorities Target Read More →

Forex Technical Analysis: AUDUSD Targets Short Scalps Sub 1.0480

The Australian dollar's recent advance has carried the pair into critical resistance with the aussie testing the topside range of a multi-year long technical formation. Despite the fact that recent economic data does show improving conditions domestically (last night's stronger Read More →

Forex: USD Outlook Remains Bullish On Debt Crisis, China Slowdown

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9953.00 9982.61 9953.03 -0.11 72.80% Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.11 percent lower from the open , the shift in trader sentiment should push the greenback higher over the next 24-hours of Read More →

Guest Commentary: Gold & Silver Daily Outlook 11.08.2012

The prices of gold and silver changed direction and declined on Wednesday along with other assets including crude oil, natural gas and stock markets. The hype over the elections of the incumbent President Obama for a second term didn't last Read More →