Dollar gains on January retail report but economic concerns grow - February 12, 2010 22:02

The US Commerce Department reported Friday (February 12) morning that January retail sales grew by .5 per cent, which was higher than the .3 per cent forecasted by analysts. Wal-Mart and other big department stores were seen as the major catalyst for the growth, which suggests a more conventional increase in consumer spending on retail […]

Dollar gains against major currencies, commodities - January 27, 2010 22:45

The dollar has grown stronger to start this week, gaining ground against most major currencies and commodities, the Japanese yen, being the prominent exception.

Gas prices falling in line with oil prices - January 22, 2010 20:07

While declining oil prices over the last week have not necessarily caught the attention of consumers as much as they have speculators and impacted businesses, falling gas prices have. Friday (January 22) marked the seventh consecutive day of falling fuel prices with the current national average at $2.73, according to Wright Express and the Oil […]

Oil falls below $79 on strong dollar - January 15, 2010 20:19

As the dollar has rebounded from some recently disappointing jobs news, it has pushed back against recent gains in oil prices and gold prices. A barrel of oil fell below $79 in Friday (January 15) morning trade on the New York Mercantile Exchange.

Dollar struggles again after latest job, housing news - January 13, 2010 19:45

Exchange rates have not been favorable for the US dollar in the early part of the week as the greenback has been hit again following disappointing news of late on the job and housing sector fronts.

Gold price spikes as jobs disappoint - January 8, 2010 19:15

Just when it appeared that the gold price was ready to reverse its long-running and fast-paced upward trend, speculators have begun to jump back in. After falling to a 60-day low of $1,080.50, the price of gold reached its highest point in just over a month at the close of New York trade on January […]

Oil prices back near $82 - January 6, 2010 18:15

Oil prices have started the New Year with a bang as the price of a barrel of crude oil currently sits just below $82 in early Wednesday (January 5th) trade on the New York Mercantile Exchange.

New Year’s economic resolutions - December 30, 2009 21:25

Heading into the new decade, it appears as though some big changes could be in store for the economy, stocks and several other major financial sectors and investments. The dollar appears primed for a major upward move, which would effect the trend in many speculative investments including currencies, oil, gold, and more.

Dollar surges against Euro, Pound - December 23, 2009 20:20

The dollar has fallen back slightly Wednesday (December 23) morning against major global currencies after disappointing news on the home sales front. However, the dollar still remains relatively strong in the short and medium term against its major European competitors.