DailyMarkets.com - Forex – USD/CAD Weekly Outlook: May 16-20
DailyMarkets.com - Forex – USD/CAD Weekly Outlook: May 16-20 |
- Forex – USD/CAD Weekly Outlook: May 16-20
- Crude Oil Futures – Weekly Review: May 9-13
- Forex – USD/CHF Weekly Outlook: May 16-20
- Gold Futures – Weekly Review: May 9-13
- Forex – USD/JPY Weekly Outlook: May 16-20
| Forex – USD/CAD Weekly Outlook: May 16-20 Posted: 15 May 2011 05:06 AM PDT Forex Pros – Last week the U.S. dollar surged to a six-week high against its Canadian counterpart, before trimming gains in volatile trade on Friday as crude oil, Canada’s largest export, rebounded following earlier losses.<br /><br />USD/CAD hit 0.9743 on Friday, the pair’s highest since March 3; the pair subsequently consolidated at 0.9686 by close of trade, easing up 0.25% on the week.<br /><br />The pair was likely to find support at 0.9512, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Crude Oil Futures – Weekly Review: May 9-13 Posted: 15 May 2011 04:30 AM PDT Forex Pros – Last week saw crude oil futures drop close to a three-month low on Thursday amid concerns over a slowdown in global oil demand, before rebounding as fears over a disruption to U.S. supplies boosted prices. <br /><br />On the New York Mercantile Exchange, light sweet crude futures for delivery in June settled at USD99.43 a barrel by close of trade on Friday, gaining 1.1% on the week.<br /><br />Crude prices plunged nearly 4% on Wednesday as … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CHF Weekly Outlook: May 16-20 Posted: 15 May 2011 03:25 AM PDT Forex Pros – Last week saw the Swiss franc decline against the broadly stronger U.S. dollar after weaker-than-expected inflation data dampened expectations that the Swiss National Bank would raise interest rates in the near future.<br /><br />USD/CHF hit 0.8946 on Friday, the pair’s highest since April 20; the pair subsequently consolidated at 0.8924 by close of trade, gaining 1.5% over the week.<br /><br />The pair is likely to find support at 0.8782, last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Gold Futures – Weekly Review: May 9-13 Posted: 15 May 2011 03:15 AM PDT Forex Pros – Last week saw gold prices drop below the psychologically important level of USD1,500 an ounce on Friday as a broadly stronger U.S. dollar and subdued U.S. inflation data reduced the investment appeal of the precious metal.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for June delivery settled at USD1,494.85 a troy ounce by close of trade on Friday, clinging to a modest 0.1% gain over the week. <br /><br />The … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Weekly Outlook: May 16-20 Posted: 15 May 2011 02:47 AM PDT Forex Pros – Last week saw the U.S. dollar advance against the yen before trimming gains, as Japan’s economy and fiscal policy minister, Kaoru Yosano, said the yen’s strength resulted from a weaker dollar, not independent gains.<br /><br />USD/JPY hit 81.33 on Thursday, the pair’s highest since May 2; the pair subsequently consolidated at 80.75 by close of trade on Friday, easing up just 0.18% over the week.<br /><br />The pair was likely … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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