Post Tagged with: "WTI Crude"
Forex Daily Analysis – January 2nd 2009
The first forex trading session of 2009 began with a strengthening of the US dollar. The gains aren’t major. In Europe, the Manufacturing PMI in Europe came out even lower than the low expectations, at 33.9, an extremely low figure for the Manufacturing Purchasing Managers Index. The greenback gained ground against the Euro, EUR/USD currently at
Forex Daily Analysis – December 30th 2008
The Gaza conflict continues to dominate the news around the world: A ground offensive by Israel is due soon, after Hammas escalated rocket attacks. The price of oil is certainly moved by the voilence in the middle east. WTI Crude now trades at $40, after reaching $43. Oil prices will shake even more if the
Forex Daily Analysis – December 29th 2008
Trading in this short holiday week began with a drop in the rate of the USD. It weakened against almost all the currencies. EUR/USD jumped to 1.4339, USD/JPY is flirting again with the 90 mark, and also the USD/CHF dropped to 1.0433. The gains that the Swiss Franc made came despite of the KOF Economic Barometer