Posts Tagged ‘the us dollar’
Currency Articles - September 19, 2018 9:22
British Pound Stays Strong Whilst The Dollar Remains Weak
The British pound remained strong in early trading this week, especially so versus the US Dollar which remains weak and is consolidating around its recent lows. GBPUSD has managed to trend higher this last month and is now back at the levels seen in early July. There could be some resistance around the 1.31 to […]
Follow Through Selling Takes Gold Back to $1420
The fight in the gold pits it continuing unabated. After the latest round of Fed jawboning about ‘tapering off’ quantitative easing courtesy of Wall Street Journal mouthpiece John Hilsenrath, hedge funds desperately short with naked positions on the COMEX and in London are continuing to press their advantage attempting to push price to zero as […]
Most Popular Content
- Pound Holds Strong as Labour Wins with a Landslide
- Crude Oil Prices Rally as Inventory Declines and Rate Cut Hopes Emerge
- Strength in Gold and Copper Continues – But for How Long?
- Weak Payroll Data Sends Stocks Higher
- Gold Flying and Making New All Time Highs
- Gold Prices Slip Ahead of Anticipated Economic Data
- Oil Prices Surge From Lows Amid Mixed Global Signals
- U.S. Stock Indices: A Dance Between Optimism and Fear