Last week there were many news items including the ECB decision to keep its interest rate unchanged, the BOC’s decision to keep its overnight rate at 1%, the slight increase in US non-manufacturing index or the increase in US initial unemployment claims. Before we enter a new week, here are several recommended posts regarding the forex and commodities markets for September 10th:
In Forexcrunch, Yohay explains the recent increase in the US dollar index during last week and provides an outlook for the USD index’s direction;
Mike K. explains the effect of the recent decision made by Swiss National Bank on CHF and major commodities;
Jay Norris examines market correlations;
Kathy Lien asks how the US dollar performs during September;
Chris Rhodes analyzes the European Unions’ decision to increase its stockpiles of rare earth elements;
John Daly explains the relation between Pakistan’s Energy Crisis and U.S. Interests;
In BO Crunch there is weekly setup for traders of gold binary options;
In Forex NRG I present the recent daily changes in the Euro/USD;
And finally, on Israel Business Review, I review the recent announcement of S&P to raise Israel’s credit rating to +A.
Here are additional long term articles on Trading NRG regarding major commodities:
- Gold and silver prices outlook for August 2011
- Oil prices Monthly outlook – August 2011
- Natural gas prices outlook for August 2011
Have a great week!!