DailyFX - Forex Market News |
- Dollar Will Keep Its Bid as Fear Continues to Win Out Against Hope
- Guest Commentary: Gold & Silver Daily Outlook 12.23.2011
- Holiday Trading Conditions Arrive, U.S. Dollar Mostly Unchanged
| Dollar Will Keep Its Bid as Fear Continues to Win Out Against Hope Posted: 23 Dec 2011 06:55 PM PST It was an appropriate way to end the week. The Dow Jones FXCM Dollar Index Friday cut its smallest daily range in four months as those traders that stuck around for much of this week for the off-chance of a market collapse unwound into the extended holiday weekend. |
| Guest Commentary: Gold & Silver Daily Outlook 12.23.2011 Posted: 23 Dec 2011 07:50 AM PST Gold and silver slightly declined yesterday for the second consecutive day, even though other commodities such as oil inclined and American stock markets moderately rose on Thursday |
| Holiday Trading Conditions Arrive, U.S. Dollar Mostly Unchanged Posted: 23 Dec 2011 06:45 AM PST Sideways and range bound price action took hold in the overnight session, as most market participants remain on the sidelines for the holiday week. As a result, the U.S. Dollar was slightly lower on Friday thus far, down against the commodity currencies, but higher against its European counterparts. |
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