Category: EURO/USD

U.S Housing Starts Rose by 3.6% in October 2012

According to the recent U.S. Census Bureau report referring the new residential construction statistics for October 2012, the annual rate of housing starts rose again while rate of building permits declined. This report sends a mixed signal as to the…

Gold and Silver Prices Outlook for November 19-23

The prices of gold and silver changed direction again last week and edged down. Moreover, the high volatility of precious metals from the beginning of the month has eased down during last week. Will this low volatility continue during this…

Oil Weekly Outlook For November 19-23

During last week, crude oil remained nearly unchanged, which coincided with the mixed trend in the forex markets. The recent tensions in the Middle East didn’t seem to directly affect the oil market for now. According to the recent EIA…