Category: EURO/USD

Financial Market Forecast for August 25-29

This week, the main U.S economic reports to be release are the GDP for the second quarter and the PCE. The core durable goods, consumer confidence and consumer sentiment will also be out during the week and may impact the…

Gold and Silver Forecast for August 18-22

Precious metals resumed their downward trend last week, while the USD and U.S equities rallied. Nonetheless, gold price is still up by 1.8% during August, up to date, but silver is down 4.3%. This week, the minutes of the FOMC…

What Is Keeping Down Silver?

The price of silver dropped again last week, even though gold rallied. Will gold pull back up silver in the near term? Let’s review the latest developments in the silver market and examine the main news that could stir up…

Financial Market Forecast for August 11-15

The commodities markets moved in an unclear trend last week as oil remained nearly flat, natural gas bounced back, silver traded down and gold rallied. On this week’s agenda: U.S consumer sentiment, GDP reports for the second quarter from Japan,…

Gold and Silver Forecast for August 4-8

Precious metals fell again during last week until Friday when the non-farm payroll report showed a gain of 209K in jobs – less than market expectations. Earlier this week, the FOMC decided to taper again its QE3 program and had…

Financial Market Forecast for August 4-8

Most leading commodities took a nose dive last week, while USD rallied against leading currencies.  This week, BOJ, BOE, RBA and ECB will have a rate decision meeting, in the U.S several economic reports will come out including non-manufacturing PMI,…