The big news from SNB eclipsed all other news items from last week as the Swiss franc sharply rose against leading currencies including the Euro and U.S. dollar. This news may have also provided additional backwind for commodities such as…
The U.S. dollar huge sell-offs, precious metals recovered and crude oil resumed its downward trend. The high volatility is likely to continue this week as the last FOMC meeting will unfold. This time, the FOMC meeting will include an update…
The U.S. dollar changed direction and slipped against most currencies including Euro and Aussie dollar, while precious metals recovered. Energy prices including crude oil and natural gas also a dive during last week. Will the sharp changes and high volatility…
Leading commodities markets heated up again in the past week as the prices of precious metals, natural gas and oil rallied. This week, the main event of the week will revolve around the upcoming FOMC meeting and press conference. Several…
Following last week’s FOMC decision to mini-taper QE3 by $10 billion, the markets have calmed down this week. Further, the holiday season in the U.S and Europe has curbed down the volatility in the commodities, forex and stock markets. This…
The FOMC ended their last meeting of the year with the decision to taper QE3 by $10 billion. This means, the asset purchase program declined to $75 billion per month starting next month. The FOMC reduced $5 billion from each…
The prices of gold and silver changed direction and fell on Tuesday. Nonetheless, on a monthly scale both precious metals haven’t done much and only slightly declined. The upcoming FOMC statement and outlook are likely to affect the developments in…
Gold price continued last week’s downward trend and declined on Monday. Silver price remained nearly unchanged. The recent fall of gold coincided with the drop of the Euro and Aussie dollar against the USD. Nonetheless, the volatility of both precious…
The prices of gold and silver have resumed their downward trend last week, and they have plummeted to their lowest level in months. Their recent decline coincided with the weakness of several leading currencies such as Japanese yen and Aussie…
Gold and silver changed direction and after they had rallied on Monday, they pulled back down and fell on Tuesday. The FOMC meeting will end today, in which the FOMC will decide on any changes to its policy. If the…