Category: EURO/USD

Financial Market Forecast for October 20-24

The recent weakness in the U.S. equities lead the news cycle as its also coincided with selloffs of U.S. dollar and recovery of precious metals. This week, several key reports will be released including: U.S. CPI, U.S. new home sales,…

What Is Next for SLV?

Shares Silver Trust (SLV) bounced back in the past week as the silver ETF rose by 3.2%. The latest news from the FOMC, the progress in the U.S dollar and changes in the treasuries market could provide some indication about…

Gold and Silver Forecast for October 13 -17

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It seems the market was waiting for an excuse to start selling off the U.S dollar after it had spiked in the recent weeks against the Euro, Yen and Aussie dollar. Last week, the minutes of the FOMC meting provided…

Financial Market Forecast for October 13 -17

The recovery in the USD took a turn as its fell against leading currencies. The huge selloffs also led to a rally for precious metals prices. The minutes of the last FOMC meeting along with the revised down IMF economic…

Gold and Silver Forecast for October 6-10

The latest positive news from the U.S labor market – the NF payroll showed 248K jobs added during September and August numbers were revised up to 180K – was enough to drag down the prices of gold and silver to…

Financial Market Forecast for October 6-10

Following the better than expected NF payroll report, in  which the USD rallied, while precious metals took a nose dive, this week the U.S JOLTS report will complete the NF payroll report; this report may offer another data point about…