DailyFX - Forex Market News |
- Crude Oil, Gold Aiming Higher as Stock Rebound Weighs on US Dollar
- Merkel-Sarkozy Comprehensive Plan Talk Bolsters Sentiment For Now
- FOREX: US Dollar Slumps as Sarkozy, Merkel Promise Debt Crisis Fix
- Significant Data out of Asia and Europe Overshadow Sparse U.S. Releases
- Gold May Follow Risk Currencies as Markets Consolidate
| Crude Oil, Gold Aiming Higher as Stock Rebound Weighs on US Dollar Posted: 09 Oct 2011 11:08 PM PDT Crude oil and gold are set to rise as S&P 500 futures point higher, promising to weigh on the safe-haven US Dollar and offer de-facto support to commodity prices. |
| Merkel-Sarkozy Comprehensive Plan Talk Bolsters Sentiment For Now Posted: 09 Oct 2011 11:07 PM PDT Markets have jumped out to a solid start in the early week, with investors responding favorably to the news that a comprehensive plan for the eurozone crisis will be forthcoming… |
| FOREX: US Dollar Slumps as Sarkozy, Merkel Promise Debt Crisis Fix Posted: 09 Oct 2011 10:55 PM PDT The safe-haven US Dollar slumped amid a recovery in risk appetite after Germany and France pledged to have a definitive EU debt crisis fix ready by November 3rd. |
| Significant Data out of Asia and Europe Overshadow Sparse U.S. Releases Posted: 09 Oct 2011 09:00 PM PDT After another volatile week, which ended on a sour note courtesy of the major rating agencies, some key data releases from Asia and Europe could be the only support for investor confidence. |
| Gold May Follow Risk Currencies as Markets Consolidate Posted: 09 Oct 2011 07:36 PM PDT |
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