Crude Oil Tumbles Below the $40 Psychological Barrier
Monday, December 22nd, 2008 Posted in Crude Oil, Market Analysis | No Comments »Oil prices slumped more than $4 by the end of last night's trading to close at $39.92 a barrel. The slide comes just after the Organization of the Petroleum Exporting Countries (OPEC) agreed to cut the supply of Oil by ...
Mid-Year High Energy Prices Carry Long-Term Impact on Oil Prices
Wednesday, December 3rd, 2008 Posted in Crude Oil, Market Analysis | No Comments »Stating the high cost of Crude Oil in mid-July of this year would be beating a dead horse. This oft-repeated piece of data appears in almost any analysis of the energy market, yet almost always fails to connect why it's ...
Crude Oil Prices Float in Anticipation of OPEC Meeting
Friday, November 28th, 2008 Posted in Commodities, Crude Oil | 1 Comment »Analysts have been ramping up this weekend's meeting between the Organization of Petroleum Exporting Countries (OPEC) as there is a prediction that they will decide on a rather large production cut. Adding to this speculation was a recent statement made ...
ForexYard Helps Explain Why the U.S. Dollar is so Strong
Tuesday, November 18th, 2008 Posted in Currencies, Market Analysis | No Comments »It has been about 4 months since the USD began appreciating with no apparent stops, and several of our traders are finding themselves a bit confused in light of these radical changes. Let's try to understand what the main reasons are ...
Silver Slips by Unnoticed
Tuesday, November 11th, 2008 Posted in Commodities, Market Analysis, Silver | No Comments »With all the excitement surrounding the financial crisis, silver has taken a back seat in the commodity-trader's consciousness. But quietly, behind the scenes, silver bullion is being increasingly accumulated by savvy investors around the world.
The Canadian Dollar in Today’s Market
Thursday, November 6th, 2008 Posted in Currencies, Market Analysis | No Comments »The Canadian dollar closed 2% higher against the U.S. Dollar on Monday as traders felt the currency's steep October slide left it at more attractive levels. The rise by the Canadian dollar came on the heels of an 11.6 % slide ...
FOREXYARD predicts that Crude Oil prices will hit $60 again before the end of November
Thursday, October 30th, 2008 Posted in Commodities, Crude Oil | No Comments »Heading into its second week below a near 1.5 year record low, Crude Oil prices seem to be showing signs of resilience. FOREXYARD analysts though aren't swayed by these events. With prices hovering near $65 per barrel, it is difficult ...
El Desplome del JPY
Thursday, October 30th, 2008 Posted in Analisis en Español, Currencies | No Comments »Tras cuatro días marcados por el comportamiento alcista del JPY, descrito como la inversión mas rentable de la pasada semana superando en aproximadamente 700 puntos al USD, 1400 puntos y 1800 puntos al EUR y al GBP respectivamente, el ...
The Gold Rush is On!
Thursday, October 30th, 2008 Posted in Commodities, Gold | No Comments »On Friday, Gold hit a 13-month low at a price of $680.80. Analysts have speculated that investors trading with a high degree of leverage have received margin calls in other asset classes and have been more willing to sell their ...
Have the Gold Prices Reached Their Ceiling?
Monday, June 16th, 2008 Posted in Commodities, Gold | No Comments »For some time now many of you must have found themselves thinking about gold prices. As we all know, gold prices have rose dramatically over the last few months, from $643 an ounce in June 2007, up to $1020 ...