Tag: Euros to USD

Oil prices daily outlook 17 June

Following yesterday’s slow trading day in which crude oil prices didn’t change much, they are currently traded down; will this decline continue? Let’s review and analyze the crude oil market for today, June 17th: Crude oil prices – June 2011…

Oil prices daily outlook 16 June

Crude oil prices fell very sharply yesterday; the last time there was such a sharp fall was back in May 11th when WTI spot oil declined by 5.33%. Before that oil prices fell sharply by 8.18% on May 5th; in…

US inflation rose by 0.2% in May

In the recent report of the Bureau of Labor Statistics, the US inflation for May 2011 inclined by 0.2% or in annual terms by 3.6%.   The prime reason for the increase was the incline in Food index that rose…

ECB kept rate unchanged at 1.25%

As expected, the European Central Bank kept its interest rate unchanged at 1.25%. According to Forex Crunch in yesterday’s press conference the ECB’s President Jean-Cluade Trichet used the terms “strong vigilance”; this term might be a tip for the future…