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By Anthony Lazzara |
December 10, 2013
FEB14 gold shot up this morning, trading up $27 to $1,261. $1275 is our next key target and resistance level. Gold now looks like it could have some momentum to the upside, and possibly approach $1,290.
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By Alasdair Macleod |
December 10, 2013
I imagine many readers see a lot of commentary relevant to gold and economics, and come up against Say's Law. Its importance might not be immediately obvious.
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By Joseph Ciolli and Lukanyo Mnyanda, Bloomberg |
December 10, 2013
The euro advanced for a sixth day against the dollar, the longest streak in almost a year, as regional finance ministers met in an attempt to break a deadlock about a single resolution mechanism for failed European banks.
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By Ari Altstedter, Bloomberg |
December 9, 2013
The Canadian dollar traded at almost a three-year low amid speculation Federal Reserve officials may signal the central bank will slow its monetary stimulus program as soon as next week.
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By Gregor Horvat |
December 9, 2013
The British pound broke to a new high against the U.S. dollar as expected after we identified an end of a corrective retracement at 1.5850.
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By Anthony Lazzara |
December 9, 2013
The DEC13 U.S. Dollar Index is down 8 ticks to 80.23. The USD has defied bulls’ predictions of a rally recently, as the taper has not come as soon as some had expected.
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By Joseph Ciolli and Lucy Meakin, Bloomberg |
December 9, 2013
The yen weakened versus the majority of its major peers as investors sought higher-yielding assets amid an advance in global stocks.
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By John Detrixhe and Andrea Wong, Bloomberg |
December 6, 2013
The dollar gained versus the yen after a report showed the U.S. added more jobs last month than forecast, signaling the Federal Reserve may reduce monetary stimulus that’s seen as debasing the currency.
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By Ari Altstedter, Bloomberg |
December 5, 2013
The Canadian dollar appreciated for the first time in five days, rising from a more than three-year low, amid speculation employment growth may suggest stronger economic improvement than the Bank of Canada indicated.
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By Carter Dougherty, Bloomberg |
December 5, 2013
Bitcoin, the digital money created as an alternative to currencies controlled by nations and banks, is finding that its wider adoption depends on both as governments in China and the U.S. demand enthusiasts play by existing rules.
