Obama and Alternative Energy: the Paradox
January 27, 2009 4:41 pm by Greg HoldenOne of Barack Obama's primary initiatives during his first week in office has been focused on generating the incentives necessary to help proliferate the usage of renewable energy. Mixed with this environmental push is also legislation designed to entice auto ...
Gold is the New Black
January 27, 2009 4:33 pm by Russell GlaserNew situations are always arising in the market from the recent global financial crisis. The ways in which governments are attempting to correct these economic woes could create a scenario for large gains in Gold. Here we map out of ...
The U.S. Credit Card Industry Faces a Tough Year
January 27, 2009 4:33 pm by Natalie R.America's credit card companies have little to celebrate as many analysts predict this year to be one of the worst years on record for consumer credit. Credit card companies are becoming the latest victims of a crisis that began with ...
The Dollar’s Recent Slide
January 27, 2009 3:55 pm by Dan EduardThe Dollar slid yesterday by over 250 pips against the Pound and EUR to 1.4044 and 1.3211 on risk aversions. This was sparked by good news coming out of Britain's banking sector, led by Barclays, which said they won't need ...
Downward Pressure on Oil Prices Continues
January 27, 2009 3:10 pm by AylonOil prices spiked to the 48.50 price level yesterday, boosted partly by extreme weather conditions and top energy consumption in the United States. In addition, signs that OPEC oil supply cuts may have begun to underpin prices, turn more tangible.
Commodities Forecast – Week of 26 January 2009
January 26, 2009 7:52 pm by Natalie R.This week's market forecast for commodities during the week starting on Monday, 26 January 2009.
European Markets Forecast – Week of 26 January 2009
January 26, 2009 7:40 pm by Dan EduardThis week we saw big moves in Europe's 3 main currencies: the Pound, the EUR, and the Swiss Franc. As a whole, when speaking about the Dollar's strength against these 3 European currencies, it recorded big gains during the first ...
American Markets Forecast – Week of 26 January 2009
January 26, 2009 7:33 pm by Russell GlaserMarket Overview: This past week saw the USD continue its bullish trend against its European counterpart, appreciating against the EUR by 2%. In afternoon trading, during U.S. market hours, a late rally in Crude Oil limited these gains, sending the pair ...
Euro-Zone Periphery Weakens Entire Region
January 26, 2009 6:56 am by Greg HoldenThe EUR has been experiencing some interesting price swings these past few trading days. With sharp fluctuations against the USD, JPY, and GBP, the 16-nation currency is poised for an important news week. Ending last week against the USD at ...
US Dollar at the Start of a Busy News Week
January 26, 2009 6:41 am by Greg HoldenPushing below 1.2800 against the EUR last Friday, the USD has seen some intense ups and downs ever since. In early trading hours Friday, the USD saw some significant gains against its primary European counterpart, but then turned around to ...
