The flat Non-Farm Payrolls was very disappointing and sent the dollar down. This was better seen in “safe havens” and less in other currencies. But with gold and oil, the outcomes are very clear. Gold, that strengthened before the release, accelerated its moves and hit $1880. There’s still room until the all time high. Silver is following the same pattern and it managed to climb above $43. The growing chance of QE3 in the US means more weakness of the currency and more strength for the ultimate safe havens – the precious metals. If you are interested in an alternative way of investing, see the gold binary options setups. The big loser is the price of oil. With the world’s no. 1 economy slowing down so fast and being very close to a recession, it means less demand for the black gold. WTI Crude Oil is down to $86 per barrel. It was close to the round $90 mark earlier in the week, on high hopes. These hopes are gone. For more on gold and oil, see Trading NRG. The Canadian dollar is hit by a slowing US and also by the falling price of oil. While Canada is a big exporter of oil, its main dependency is the economy of the United States. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next EUR/USD Falls to Support on Fresh Debt Crisis Mess Yohay Elam 11 years The flat Non-Farm Payrolls was very disappointing and sent the dollar down. This was better seen in "safe havens" and less in other currencies. But with gold and oil, the outcomes are very clear. Gold, that strengthened before the release, accelerated its moves and hit $1880. There's still room until the all time high. Silver is following the same pattern and it managed to climb above $43. The growing chance of QE3 in the US means more weakness of the currency and more strength for the ultimate safe havens - the precious metals. If you are interested in an alternative… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.