Following this intense week, here are a few recommended posts you may find interesting for the weekend of June 10th: In Forexcrunch, Yohay discusses the rise of the British pound against the US following the bad data reports; there is…
Category: EURO/USD
ECB kept rate unchanged at 1.25%
As expected, the European Central Bank kept its interest rate unchanged at 1.25%. According to Forex Crunch in yesterday’s press conference the ECB’s President Jean-Cluade Trichet used the terms “strong vigilance”; this term might be a tip for the future…
Oil natural gas and gold finished the day with gains –June 9
Natural gas and crude oil prices continued their rally yesterday; gold and silver prices also followed with small gains. Here is a summary of the price movement in energy commodities and precious metals for June 9th: Oil and Gas prices:…
Silver and oil prices closed the day with rises –June 7
Major commodities continue to shift with no clear trend as silver prices along with crude oil prices finished the day with moderate rises; gold and natural gas spot price moderately declined. Here is a summary of the main price changes…
Ben Bernanke’s speech regarding US economic outlook
Ben Bernanke, the chairman of the Federal Reserve, gave a speech today, June 7th, titled “The U.S. Economic Outlook“. The Fed will complete the recent stimulus plan of purchasing $600 billion worth of Treasury securities by the end of…
Gold and silver prices inclined, oil prices fell –June 6
The week has started with moderate rises for gold and silver prices and moderate rises in crude oil prices. Here is a summary of the main price changes in energy commodities and precious metals for June 6th: Precious Metals prices:…
Weekly outlook for June 6 – 10
Here is an economic news calendar for the week of June 6th to 10th that highlights the main news items and reports related to U.S., Canada, Australia, China and Europe. (all times GMT): Tuesday 7th of June 5.30 – Reserve…
Recommended posts for the weekend – June 4
Here are several recommended posts you may find interesting for the weekend of June 4th: In Forexcrunch, Yohay analyzes the EURO/USD and the effect of the recent publication of the U.S. ISM Non-Manufacturing PMI report on this exchange rate; Forexcrunch…
Major commodities finished the week with moderate changes –June 3
The disappointing U.S. labor report was published yesterday and presented that only 54,000 jobs were created. This news caused some stir up in the financial markets, but didn’t affect much major commodities. Here is a summary of the main price…
The Turmoil in Middle East continues – Yemen and Syria update
Yemen The recent reports from Yemen are that there was an attempted murder on President Ali Abdullah Saleh, the current president of Yemen by a bombing of his palace in Sana’a. According to the current reports, He managed to escape…