Posts Tagged ‘QEIII’
Gold and Oil News - October 17, 2012 22:28
Gold Breaks Through $1750, Euro Stalls Above $1.31
It is becoming more obvious by the day that the 79 level on the USDX is being defended by the major central banks ahead of the U.S. Presidential election in three weeks. Four times today the USDX approached (or breached) the 79 level on the downside and four times it was lifted back up and […]
Oil Prices Crack Below $90, Spread Widens
West Texas Intermediate crude prices fell back below $90 per barrel today as uncertainty over the situation in Spain continues to overhang the post-QEternity markets. Brent Crude held onto $108 per barrel putting the spread between them at $20, the most this year, which suggests the low WTI prices are more of an American phenomenon […]
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