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Post Tagged with: "Gaza War"

Oil above $50 as Gaza War Escalates

The price of oil is now above $50 per barrel, as the war in Gaza escalates. This affects the Ausralian and Canadian dollars. AUD/USD is now at 0.7101, and USD/CAD is at 1.1884 as oil price sits above $50. Hammas rockets have reached further into Israel. The Israeli army is operating deeper inside the Gaza

Forex Weekly Outlook – January 5-9 2008

Finally, after two weeks of holidays, we have a full trading week. And it’s expected to be very exciting! Monday begins easily, with a speech by FOMC Member Yellen. Federal Reserve Bank of San Francisco President Janet Yellen might give some direction about the money printing that the Federal Reserve plans to spend. More from the US

Gaza War – Israel Began Full Scale Invasion

In the middle of the weekend, Forex traders are tuning up to the news from the middle east: the war in Gaza has turned into a full scale conflict, with Israeli ground forces now operating in the Gaza strip. This is a major escalation in the Gaza war, that might make oil prices jump around the