All Entries Tagged With: "US crude"
Oil and Gold falls on strong US Dollar, IMF sale
The U.S. Dollar rose to a high in the forex trading market this Thursday mostly on the back of strong economic statistics released on Wednesday the 17th. The Euro meanwhile continued to be uncertain and almost fell to the seven month low that it reached earlier in February against the U.S. Dollar. Gold prices meanwhile [...]
Forex Market Update: G7, Oil and the Euro
The Euro has been in the spotlight this month and it seems that speculation and rumors continue to abound regarding it in the foreign exchange trading market. The G7 meanwhile is scheduled to hold a special summit in Brussels on Thursday concerning the current economic situation. Oil prices meanwhile finally halted their fall and have [...]
Forex News: Unemployment, the Euro and Oil
Oil prices fell here on Friday the 5th of February as concerns regarding the Euro and its future and also rising inventories in most developed countries has caused a 5% fall in the price of U.S. crude. Other than rising concerns in the forex trading market about the Euro, further downward pressure acted on the [...]