Category: EURO/USD

U.S. Consumer Confidence Declined in January

Following the growth in the U.S consumer confidence index during December, this index changed direction and decreased in January. According to the recent U.S. consumer confidence survey, the consumer confidence index declined in January compared with December’s index: The index…

Gold and Silver Prices Outlook for February 2012

During January, gold price demonstrated its strongest performance in a single month since August 2011; for silver price it was since July 2011.   Gold is currently 10.76% above its price from the end of 2011; silver has added 21.05% to…

Weekly Outlook for 30 January – 3 February

Following the rally in gold and silver prices during last week along with the gains of major currencies including the Euro and Australian dollar against the U.S. dollar, the upcoming week starts off with the announcement of Fitch rating to…

Gold and Silver End the Week Rising –Recap January 27

Gold and silver prices ended the week with slight gains; WTI oil price slipped while Brent oil moderately rose; natural gas future price bounced back from Thursday’s falls and sharply rose on Friday, while the spot price sharply decreased yesterday.…

Gold & Silver Prices – Daily Outlook January 27

Gold and silver prices sharply increased for the second straight day after the FOMC announced on Wednesday it will keep the interest rates low until late 2014. Currently, gold and silver are traded with little changes. Today, the U.S. GDP…

Gold and Silver Continued Their Rally –Recap January 26

Gold and silver prices continued their rally and sharply rose again during Thursday’s trading; crude oil also traded up yesterday; natural gas future price changed direction and fell while the spot price sharply increased yesterday. The Euro and other currencies…

U.S GDP Q4 2011 Grew by 2.8%

The bureau of economic analysis published today its first estimate of the growth rate of the U.S. GDP in the fourth quarter of 2011: According to the report, the growth rate of the real U.S GDP 2011 in the fourth…