DailyFX - Forex Market News |
- Crude Oil Recovery May Be Cut Short, Gold to Challenge Trend Support
- FOREX: US Dollar Weakness Likely as Stocks Extend Year-End Recovery
- Volatility Picks Up A Bit on Tuesday As Some Markets Return
- Guest Commentary: Oil Prices Weekly Outlook December 26-30
| Crude Oil Recovery May Be Cut Short, Gold to Challenge Trend Support Posted: 27 Dec 2011 01:13 AM PST Crude oil may drift higher on seasonal profit-taking but a key resistance level threatens to cap gains. Gold appears poised to challenge trend-defining support. |
| FOREX: US Dollar Weakness Likely as Stocks Extend Year-End Recovery Posted: 26 Dec 2011 10:41 PM PST The US Dollar may turn lower as improving economic data encourages seasonal profit-taking on bets favoring investors’ go-to safe haven currency. |
| Volatility Picks Up A Bit on Tuesday As Some Markets Return Posted: 26 Dec 2011 10:24 PM PST Some markets in Europe have reopened following the Christmas holiday and this should result in a bit more volatility. Ultimately however, things should still remain quiet overall… |
| Guest Commentary: Oil Prices Weekly Outlook December 26-30 Posted: 26 Dec 2011 07:24 AM PST Oil prices made a comeback and recovered during the recent week from their sharp tumble a week earlier. The premium of Brent over WTI slipped during last week and reached on Friday to $9.62. Furthermore, during December the premium sharply declined by 12.23%. |
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