Search Results for: crude
Dollar Gauge at Five-Year High as Kiwi, Aussie Decline on China
December 8th, 2014
A gauge of the dollar headed for its highest close in more than five years after China said imports unexpectedly fell in November, underpinning demand for the currency of the U.S. where growth is beating forecasts. The dollar rose ...
Commodity Benchmarks Seen Open to Manipulation, Law Firm Says
December 8th, 2014
Almost two-thirds of commodity market participants say that benchmarks used to set the price of everything from crude oil to ethanol to zinc are vulnerable to manipulation, according to a new study. The report, to be published today by ...
Technical Analysis: Commodities – Dec 08
December 8th, 2014
Technical Analysis for December 08, 2014 XAU/USD breaks lower under 1200 to 1190 level for now. Another lower break might retouch 1175 level. A lower movement under 1175 will target last low around 1145 level once again and a ...
Asian Currencies in Longest Weekly Declining Streak in Six Years
December 5th, 2014
Asian currencies dropped for a sixth week, the longest declining streak since 2008, as economic data boosted demand for the dollar and supported the case for higher U.S. interest rates. Malaysia’s ringgit led losses, falling to a five-year low ...
Black Swans and Crowded Trades
December 5th, 2014
There’s definitely something strange going on in the equity markets at the moment and it surely looks weird. Am I seeing things? The primal emotion of fear certainly does not appear on many traders and fund managers radar ...
Technical Analysis: Commodities – Dec 05
December 5th, 2014
Technical Analysis for December 05, 2014 XAU/USD enters a new sideways around 1200 – 1220 level for now. A lower movement under 1175 will target last low around 1145 level once again and a higher movement will target 1250 ...
Dollar Gains a 7th Week Before Jobs; Yen Drop Spurs Bankruptcies
December 5th, 2014
The dollar headed for a seventh weekly gain, after rising above 120 yen yesterday for the first time since July 2007, as economists predicted U.S. job growth quickened while Japan is in recession and Europe struggles. The U.S. currency has gained ...
Friday December 5: OSB Daily Technical Analysis – Commodities
December 5th, 2014
OSB Daily Technical Analysis for December 5, 2014 Gold traded within a tight range on Thursday consolidating recent price action and remaining above the $1200 mark throughout the day. Shorter term Gold appears to be in a tight range ...
The Russian Central Bank Is Intervening Again To Halt A Rouble Collapse
December 4th, 2014
Traders are claiming that the Central Bank of Russia has stepped back into currency markets to halt the rouble’s slide as it continued to fall in early trading on Wednesday. Here’s the evidence — the rouble sudden reversed its ...
Israel nature reserve oil spill ‘one of country’s worst environmental disasters’
December 4th, 2014
Millions of litres of oil gushing out of a breached pipeline flooded a desert nature reserve in Israel overnight, causing one of the country’s worst environmental disasters, officials and media said. Three people were hospitalised after inhaling fumes released by an ...
