Category: EURO/USD

U.S. New Home Sales Inclined in September 2011

Today, the U.S. Census Bureau reported on U.S new homes sales for September 2011 and it showed a change in direction as the number of homes sold rose compared with August’s numbers. According to the report, in September 2011 the…

Gold & Silver Prices – Daily Outlook October 26

Gold and silver prices sharply rose yesterday and recorded the sharpest gains during October. Does this mean there is a shift in the recent trend of gold and silver prices from downward to upward? Today, the second (this week) EU…

U.S. Consumer Confidence Slipped in October

According to the recent U.S. consumer confidence survey, the consumer confidence index slipped in October compared with September’s index. The index reached in October to 39.8 (1985=100) a drop from 46.4 in September. American consumers’ short term outlook in U.S.…

Gold & Silver Prices – Daily Outlook October 25

Gold and silver prices started the week with moderate gains along with the sharp gains recorded in other major commodities prices such as crude oil prices. Currently gold and silver prices are traded sharply up. Today, U.S Consumer Confidence report…

Weekly Outlook for October 24-28

As we are entering the last week of October all eyes will be set towards the EU summits that will be on Sunday and Wednesday; there are additional events and reports for the upcoming week that could influence the financial…