Sunday, November 7, 2010

DailyMarkets.com - Abnormal Silver & Crude Oil Price Moves Should Be Investigated By The SEC

DailyMarkets.com - Abnormal Silver & Crude Oil Price Moves Should Be Investigated By The SEC

Abnormal Silver & Crude Oil Price Moves Should Be Investigated By The SEC

Posted: 07 Nov 2010 08:35 AM PST

Once again we find some strange activity occurring in these markets from a trading perspective, and it is time that the increased staff and resources of the CFTC enforcement division look into these two markets in particular.

Curious Crude Action After Pit Close

Let`s start with crude oil.

After the pit closes each day at 1:30 CST, the crude oil market is thinly traded and it is at this time within a relatively low volume trading environment, that crude oil is being … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Weekly Outlook: November 8-12

Posted: 07 Nov 2010 07:43 AM PST

Forex Pros – Last week saw the euro surge to a 10-month high against the U.S. dollar on Thursday, after the Federal Reserve announced a second round of asset purchases before paring gains in the wake of Friday's better-than-expected U.S. jobs data.

EUR/USD hit 1.4281 on Thursday, the pair's highest since January 20; the pair subsequently consolidated at 1.4030 by close of trade on Friday, gaining 0.46% over the week.

The pair is likely to find support at 1.3881, the low of last Tuesday … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Weekly Outlook: November 8-12

Posted: 07 Nov 2010 07:25 AM PST

Forex Pros – Last week saw the pound soar to a 10-month high against the U.S. dollar on Thursday, before trimming gains after Friday's better-than-expected U.S. data on non-farm payrolls,

GBP/USD hit 1.6298 on Thursday, the pair's highest since January 21; the pair subsequently consolidated at 1.6180 by close of trade on Friday, surging 0.82% over the week.

The pair is likely to find support at 1.6005, last Wednesday's low and resistance at 1.6456, the high of January 19.

The pound’s … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Weekly Outlook: November 8-12

Posted: 07 Nov 2010 07:22 AM PST

Forex Pros – Last week saw the Canadian dollar close above parity with its U.S. counterpart for the first time in 3 weeks, after better-than-expected domestic data and following the Federal Reserve's announcement of a fresh stimulus for the U.S. economy.
 
USD/CAD hit 0.9990 on Friday, the pair’s lowest since October 14; the pair subsequently consolidated at 0.9999 by close of trade on Friday, tumbling 1.85% over the week.

The pair is likely to find support at 0.9979, the low of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Consuelo Mack Interview And Sunday Link-Fest

Posted: 07 Nov 2010 07:21 AM PST

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Kyle Bass Presentations
Examining Berkshire's Q3 Results With Special Focus on NetJets
Interview With John Rogers of Ariel Investments
Grantham on QE Collateral Damage: Investment Implications

The PIIGS Crisis Is Back: Here Are 4 Key Things To Think About

U.S. can't … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – NZD/USD Weekly Outlook: November 8-12

Posted: 07 Nov 2010 06:55 AM PST

Forex Pros – Last week saw New Zealand's dollar soar to a 30-month high against its U.S. counterpart after the Federal Reserve announced a second round of quantitative easing to support the U.S. economic recovery.

NZD/USD hit 0.7973 on Thursday, the pair's highest since April 24, 2008; the pair subsequently consolidated at 0.7950 by close of trade on Friday, soaring 3.71% over the week.

Late Wednesday the Federal Reserve announced that it would buy USD 600 billion of U.S. government … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Weekly Outlook: November 8-12

Posted: 07 Nov 2010 06:44 AM PST

Forex Pros – Last week saw the Australian dollar rally to an all-time high against its U.S. counterpart, after the country's central bank unexpectedly raised its interest rate and following the Federal Reserve's announcement of a fresh round of quantitative easing.

AUD/USD hit 1.0182 on Friday, an all-time high; the pair subsequently consolidated at 1.0155 by close of trade, surging 3.01% over the week.

The pair is likely to find support at 0.9891, the low of November 3, and resistance … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Weekly Outlook: November 8-12

Posted: 07 Nov 2010 06:27 AM PST

Forex Pros – Last week saw the U.S. dollar close higher against the yen, after briefly touching a fresh 15-year low on Monday and after the Federal Reserve announced a fresh round of asset purchases to kick-start a slow growing U.S. economy.

USD/JPY hit 80.23 on Monday, the pair's lowest since April 19, 1995; the pair subsequently consolidated at 81.24 by close of trade on Friday, surging 1.12% over the week.

The pair is likely to find short-term support at 80.23, Monday's low and … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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