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…
Welcome to a new episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch.You are welcome to listen, subscribe and provide feedback. In today’s episode, we focus on the Fed and its huge impact on…
The silver market has been cooling down in recent weeks. But will the upcoming minutes of the FOMC meeting jump start the silver market again? During last week, silver dropped again by 2.1%. The silver ETF iShares Silver Trust (SLV)…
Despite the recent fall in the price of natural gas during last week, the Henry Hub is down by only 1.7% for the month (up to date). United States Natural Gas (UNG) also fell by a similar rate during August.…
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…
Oil and natural gas continued to trade down on a weekly scale along with precious metals. These losses were recorded after the USD slightly recovered against leading currencies such as Euro and Yen and U.S equities traded up. On this…