Category: EURO/USD

Crude Oil Prices – Weekly Outlook January 9-13

Crude oil prices started off the month of January with sharp gains mainly during the first couple of days of the year. Will this upward trend continue?  For the second week of January, let’s examine what is up ahead for…

Weekly Outlook for 9-13 January

Following the sharp gains in commodities prices during the first week of 2012, the second week of 2012 might continue this direction pending the new reports and decisions that will be made during the week. Some of the news items…

Gold & Silver Prices – Daily Outlook January 6

Gold and silver prices continued their upward trend and moderately increased  yesterday despite the drop in commodities prices.  The Euro and Australian dollar sharply depreciated against the US dollar. Currently, gold and silver are traded slightly down. Today, the American non-farm…

Gold and Silver Kept on Rising –Recap January 5

Gold and silver prices continued their upward trend and finished yesterday rising; crude oil prices changed direction and ended up yesterday dropping; natural gas prices also declined. Major currencies such as Euro and Australian dollar sharply depreciated against the U.S…

U.S. Non- Manufacturing Index Slightly Rose to 52.6%

Today, the U.S. non-manufacturing ISM report was published and the U.S. non-manufacturing PMI reached 52.6% in December. The U.S. non-manufacturing PMI, which is an index that estimates the economic activity in the U.S. non-manufacturing sector, grew for the 25th consecutive…

Gold & Silver Prices – Daily Outlook January 5

Following the sharp gains recorded on the first business day of 2012 for both gold and silver prices, gold price continued to rise while silver price changed direction and moderately declined.  The Euro also depreciated against the US dollar. France…