Category: EURO/USD

Recommended posts for the weekend – June 26

The Greek debt crisis seems to have subsided for now, but it’s still far from over. Here are a several recommended posts you may find interesting as of June 26th:   Yohay Elam in Forexcrunch analyzes the growing concerns over…

Weekly outlook for June 27- July 1

The debt crisis in Europe and the economic slowdown in US are among the news items that will likely to continue affecting the Euros to US dollar exchange rate, indexes and major commodities prices in the upcoming week. Here is…

Gold & Silver Prices – Daily Outlook 23 June

Gold and silver prices rose yesterday, as they did throughout during recent days but they are currently traded sharply down following Ben Bernanke’s speech from yesterday. Let’s examine the news of the day related to the precious metals market for…

Federal Reserve lowered economic forecast

  Yesterday, Ben Bernanke, Chairman of the Federal Reserve, gave a speech in which, as expected, he said the Fed will keep the US basic interest rate unchanged between 0 and 0.25%. The decline in the US inflation rate (see…

US home sales continued to decline during May by 3.8%

The national association of retailers published its monthly report regarding the Existing-home sales; according to the report the existing home sales in the US dropped in May by 3.8% to 4.81 million transactions, compared with April’s annual rate of home…