Search Results for: oil
Dollar’s rise pressures commodities amid Fed anxiety
September 12th, 2014
The U.S. dollar was riding high in Asia on Friday as unceasing speculation about the prospects for rising U.S. interest rates undermined commodity prices and spurred investors to unwind leveraged trades in higher-yielding currencies. Talk the Federal Reserve might ...
OSB Daily Technical Analysis – Commodities
September 12th, 2014
OSB Daily Technical Analysis for September 12, 2014 Gold closed at $1239 and opened the way for a further downswing. Some consolidation likely, support at $1227. $1200 is looking realistic following recent action. Bearish. Silver close below $18.80 is ...
Rupee recovers from initial losses, up 2 paise to 60.91 against dollar
September 12th, 2014
The rupee pared its initial losses to recover by two paise to 60.91 per dollar in late morning deals today following bouts of selling of the greenback by banks and exporters. The domestic unit resumed lower at 60.97 per ...
OSB Daily Technical Analysis – Commodities
September 11th, 2014
OSB Daily Technical Analysis for September 11, 2014 Gold Another down day for Dec 14 Gold with a close above $1245. Gold is now at the bottom of its recent trading range and is likely to bounce around in ...
OSB Daily Technical Analysis – Commodities
September 10th, 2014
OSB Daily Technical Analysis for September 10, 2014 Gold had another decline closing near the lows of the day and below the coveted $1250 level. This is bearish for Gold and we are likely heading to the $1240 area ...
Dollar sweeps higher, Japan shares shy from peaks
September 9th, 2014
The U.S. dollar held on to broad-based gains in Asia on Tuesday in a boon for shares of Japanese exporters but a burden for oil, gold and stocks in the energy majors. As the dollar finally broke to a ...
Junior Mining Companies Looking for Financial Lifeboats
September 9th, 2014
Any company will tell you that panic starts to set in once the confidence of the board or of investors begins to wane. This is precisely the situation in the mining industry. As a result, mining companies have sought ...
Asian Equities Mixed on Soft Lead
September 9th, 2014
Asian indices were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival. Overnight in the U.S., Wall Street closed mixed with energy producers leading losses on oil’s ...
OSB Daily Technical Analysis – Commodities
September 9th, 2014
OSB Daily Technical Analysis for September 9, 2014 Gold Sellers dominated trading in Gold on Monday with the December 14 contract closing at 1254.30. The next support is at the 1250 level which is somewhat significant. Recent weakness suggests ...
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
