Category: EURO/USD

Gold and Silver Prices – Daily Outlook for February 21

The prices of gold and silver tumbled down yesterday. Their sharp fall coincided with the depreciation of the many “risk related currencies” such as Euro and Aussie dollar against the USD and other commodities prices such as crude oil. Nonetheless,…

U.S Housing Starts Declined by 8.5% in January 2013

According to the latest U.S. Census Bureau report regarding the new residential construction statistics for January 2013, the annual rate of housing starts declined while rate of building permits edged up. This report sends a mixed signal as to the…

Gold and Silver Prices Outlook for February 18-22

Gold and silver prices plummeted last week, mainly by the end of the week. The new around the decision of big investors such as Soros and Bacon to reduce their holdings in gold related investments may have contributed to the…

Weekly Outlook of Financial Markets for February 18-22

Major commodities prices including natural gas, gold and silver tumbled down last week; major currencies pairs including the Euro/USD and Aussie dollar/USD slightly declined in the previous week. Will this trend continue next week? In the forthcoming week several reports,…