Category: EURO/USD

Financial Market Forecast for November 10 -14

The recent release of the NFP payroll report came a bit short than expected with 214K jobs added during October — nonetheless, this was enough to bring down the U.S. dollar and pull back up gold and silver. Looking forward,…

Gold and Silver Forecast for November 3-7

The tumble in gold and silver came following the announcement of the FOMC to end QE3 and hawkish statement. The U.S. GDP for the third quarter also provided some backwind for the U.S. dollar and dragged down bullion prices. Finally,…

Financial Market Forecast for November 3-7

The high volatility in the market following the FOMC and BOJ’s monetary policy meetings from last week could remain in the coming week. The main events of the week in the U.S. include NF payroll report, manufacturing PMI, factory orders…

Gold and Silver Forecast for October 27 -31

golden bar

The recent recovery of the U.S. dollar along with the rally of U.S. equities provided the proper climate to see gold and silver fall down. Moreover, the latest interview given by Bullard gave the necessary excuse to keep the speculations…

Financial Market Forecast for October 27-31

Major commodities including gold, silver and crude oil resumed their downward trend, while the U.S. gained some of its losses back from earlier this month. This week the main events will revolve around the before last FOMC meeting for the…

Gold and Silver Forecast for October 20 -24

The cool down in the U.S. equities and the weakness of the U.S. dollar against the leading currencies have provided the proper environment to slowly bring back up gold and silver. Will this slow recovery last? This week’s U.S. economic…