Category: EURO/USD

U.S GDP Q3 2011 was revised Down to 2.0%

The bureau of economic analysis published yesterday its second estimate of U.S. GDP 2011 third quarter of 2011: According to the report, the growth rate of the real U.S GDP 2011 in the third quarter of 2011 was revised down…

Gold & Silver Prices – Daily Outlook November 22

Gold and silver prices started the week with very sharp falls along with the rest of markets including other commodities such as crude oil and exchange rates such as AUD/USD. The U.S. budget reduction talks will likely to continue affecting…

U.S Existing Home Sales Inclined in October 2011

The U.S existing homes sales rate changed direction and slightly rose in October 2011 by 1.4%; this news comes despite the recent falls in the housing starts report. According to the recent report of the Realtors’ organization, the annual rate…

Weekly Outlook for 21-25 November

During the week there are several important reports to be published that may influence forex and commodities traders including: U.S. existing home sales report, FOMC meeting minutes Euro Area’s Manufacturing and Great Britain’s revised GDP report for Q3 2011. Here…

Gold & Silver Prices | Weekly Recap 14-18 November

Gold and silver prices started off the week, much like the previous week, with very moderate changes; as the week progressed, the speculation around the recent news from Fitch, the rating agency, that leading U.S. banks are exposed to European…

Gold and Silver Sharply Fell Yesterday –Recap November 17

Major commodities prices changed direction and sharply fell yesterday along with the rest of the markets including American stock markets: gold and silver prices sharply declined; crude oil prices also followed and plummeted; natural gas future prices changed direction and…