Category: EURO/USD

Weekly outlook for July 25-29

Following last week’s meeting between Germany and France’s leaders, in which they have reached an agreement about the bailout of the Greek debt, all eyes are set to the United States and the deliberations between Obama and the Republicans over…

Recommended posts for the weekend – July 23

The week ended with moderate rises for gold and silver prices despite their falls during most of the week. During the week the French and Germans came up with a plan vis-à-vis the Greek debt crisis; US existing home sales…

Gold and silver ended the week rising –July 22

Gold and silver prices bounced back from the three day falls and finished the week with sharp gains; crude oil prices also finished the week with moderate rises; natural gas spot price (Henry Hub) on the other hand declined. Here…

Gold & Silver Prices – Daily Outlook July 22

Gold and silver prices fell again for the third straight day. The talks over the debt ceiling raise in the US continue with no agreement in sight.  Today, the core CPI of Canada will be published. Let’s examine the precious…

Gold & Silver Prices – Daily Outlook July 21

Gold and silver prices fell again for the second straight day. Last night the French and German leaders reached an agreement over the Greek debt bailout.  Today, it’s also scheduled for Ben Bernanke to give a speech; He might address…

US existing home sales slightly fell in June 2011

Following yesterday’s report published by the U.S. Census Bureau vis-à-vis the housing starts and building permits in which these statistics improved in June compared with May’s figures, today the National Association of Realtors published its recent report on US existing…

Gold & Silver Prices – Daily Outlook July 20

Gold and silver prices broke formation and declined yesterday; this shift ended an upward trend of gold price since July 5th. Today, the US existing home sales will be published. Let’s examine the examine the precious metals market for today,…

US Housing starts and building permits rose in June

The real estate market in the US continues to show moderate growth, which could be early signals of a slow recovery in this market. According to the recent U.S. Census Bureau report regarding new residential construction statistics for June 2011:…