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By Anthony Lazzara |
May 20, 2013
Gold hit the key level of $1,340, and silver had a big spike down to almost $20. For silver, $20 is a very key support level.
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By Anthony Lazzara |
May 9, 2013
Crude is down almost $1 to $95.75. We believe this is mainly fear premium regarding the Syria situation. Technically, it looks as though oil is at the top of its downward channel.
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By Kristine Aquino and Candice Zachariahs, Bloomberg |
February 20, 2013
New Zealand’s central bank governor said he’s ready to intervene in foreign-exchange markets, adding to comments by officials from South Korea to South America warning their currencies are too strong.
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By Taylor Tepper and John Detrixhe, Bloomberg |
February 19, 2013
The Canadian dollar reached the lowest level since July against its U.S. counterpart as commodities slipped and policy makers in the world’s largest economy seek to avoid $1.2 trillion in automatic budget cuts.
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By Justin Pugsley |
February 19, 2013
Currency wars are alive and well and despite G-20 agreements not to engage in competitive devaluations, there is in fact little appetite among the perpetrators to call it a day.
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By Aki Ito, Bloomberg |
February 15, 2013
Federal Reserve Chairman Ben S. Bernanke said the U.S. economy is far from operating at full strength and reiterated his commitment to record easing.
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By Marc Nemenoff |
February 15, 2013
Yesterday Apr. Live Cattle came close to testing support in the 127.00 area posting a low of 127.60 before the market experienced a 225 point short covering rally.
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By Henry Meyer, Olga Tanas and Scott Rose, Bloomberg |
February 14, 2013
The Group of 20 nations should take a stronger stance against currency manipulation at a meeting in Moscow, Russian Finance Minister Anton Siluanov said after conflicting statements on the weakening yen roiled markets.
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By Justin Pugsley |
February 13, 2013
At some point central banks will probably give up on QE, reasoning that the balance of risks outweighs positive outcomes. Until policy makers come to that conclusion, there's still a bullish case to be made for gold.
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By Simon Kennedy and Gonzalo Vina, Bloomberg |
February 12, 2013
Group of Seven policy makers roiled the currency markets they sought to calm amid conflicting messages on how much of an economic threat is posed by the weakening yen.