DailyMarkets.com - Gold Futures – Weekly Review: May 23-27

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• Gold Futures – Weekly Review: May 23-27
• Forex – USD/CHF Weekly Outlook: May 30 – June 3
• Forex – USD/JPY Weekly Outlook: May 30 – June 3
• Forex – Weekly Outlook: May 30 – June 3
• Sell In May May Continue If You Believe The MS Cyclical Index

Gold Futures – Weekly Review: May 23-27 Posted: 29 May 2011 03:14 AM PDT Forex Pros – Last week saw gold prices climb to a three-week high on Friday, as the combination of a broadly weaker U.S. dollar, ongoing worries over Greece&rsquo;s sovereign debt and renewed concerns about unrest in the Middle East boosted the appeal of the precious metal.<br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for August delivery settled at USD1,537.45 a troy ounce by close of trade on Friday, climbing 1.55% over the week . <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/CHF Weekly Outlook: May 30 – June 3 Posted: 29 May 2011 02:48 AM PDT Forex Pros – The broadly stronger Swiss franc surged to a record high against the U.S. dollar on Friday, as a combination of concerns over the outlook for U.S. economic growth and euro zone sovereign debt issues weighed on risk sentiment.<br /><br />USD/CHF hit 0.8461 on Friday, the pair&rsquo;s all-time low; the pair subsequently consolidated at 0.8503 by close of trade, dropping 3.26% over the week.<br /><br />The pair is likely to find support at 0.8300 and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – USD/JPY Weekly Outlook: May 30 – June 3 Posted: 29 May 2011 02:12 AM PDT Forex Pros – The U.S. dollar closed the week trading at a two-week low against the yen on Friday, as concerns over slower U.S. growth after a flurry of worse-than-expected economic data weighed on the greenback.<br /><br />USD/JPY hit 82.21 on Tuesday, the weekly high; the pair subsequently consolidated at 80.77 by close of trade on Friday, tumbling 1.22% over the week.<br /><br />The pair is likely to find short-term support at 80.04, the low of May 6 and resistance … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – Weekly Outlook: May 30 – June 3 Posted: 29 May 2011 01:02 AM PDT Forex Pros – Last week saw the U.S. dollar close lower against its major counterparts after weak economic data added to concerns that growth is slowing and underlined the view that the Federal Reserve will keep monetary policy loose for some time to come.<br /><br />On Friday, the National Association of Realtors’ said pending home sales index fell 11.6% in April, much worse that the 1.0% decline forecast. A separate report showed that U.S. customer spending rose just 0.4%, less … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sell In May May Continue If You Believe The MS Cyclical Index Posted: 28 May 2011 04:40 AM PDT We concur with Paul Simon of Tactical Allocation Group, the mild sell off in stocks in May 2011 will continue and it may accelerate into June. He confirms the cyclical stocks have already rolled over, however we must add that we have a powerful dominant cycle within the Morgan Stanley Cyclical index of 175 weekly periods that holds 100% success rate, we for one will not argue with it. Paul Simon at Yahoo Ticker Breakout Show: 20110527 Cyclical stocks are the most sensitive to react to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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