DailyMarkets.com - Natural Gas Futures – Weekly Review: June 6-10
DailyMarkets.com - Natural Gas Futures – Weekly Review: June 6-10 |
- Natural Gas Futures – Weekly Review: June 6-10
- Forex – USD/CAD Weekly Outlook: June 13-17
- Job Market And Economy Improve In Michigan, Continued Job Growth Is Expected
- Forex – NZD/USD Weekly Outlook: June 13-17
- Forex – AUD/USD Weekly Outlook: June 13-17
- US Dollar Cycle Review
- Crude Oil Futures – Weekly Review: June 6-10
- Gold Futures – Weekly Review: June 6-10
- Forex – USD/CHF Weekly Outlook: June 13-17
- Forex – USD/JPY Weekly Outlook: June 13-17
| Natural Gas Futures – Weekly Review: June 6-10 Posted: 12 Jun 2011 06:58 AM PDT Forex Pros – Last week saw natural gas prices pull back sharply from a ten-month high on Thursday, after the U.S. Energy Information Administration said natural gas inventories rose more-than-expected last week.<br /><br />On the New York Mercantile Exchange, natural gas futures for delivery in July settled at USD4.753 per million British thermal units by close of trade on Friday, shedding 0.39% over the week. <br /><br />Natural gas prices plunged nearly 2.5% on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CAD Weekly Outlook: June 13-17 Posted: 12 Jun 2011 06:36 AM PDT Forex Pros – Last week saw the Canadian dollar pull back from a seven-day high against its U.S. counterpart on Friday, as crude oil, Canada’s largest export, tumbled after reports Saudi Arabia planned to increase production, while mounting fears over global economic growth saw investors shun riskier assets.<br /> <br />USD/CAD hit 0.9710 on Friday, the pair’s lowest since June 1; the pair subsequently consolidated at 0.9796 by close of trade, easing up … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Job Market And Economy Improve In Michigan, Continued Job Growth Is Expected Posted: 12 Jun 2011 06:21 AM PDT The last recession hit the auto industry and the Michigan economy pretty hard. In the summer of 2009, the Michigan economy “hit bottom” as its unemployment rate peaked at 14.1% in August, which was 4.4 percent above the national average that month of 9.7% (see chart above). It was actually a lot worse for Michigan in the early 1980s, when the jobless rate was at 14% or higher for almost two years from late 1981 until the fall of 1983, and reached a high of almost 17% (16.8%) in December … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – NZD/USD Weekly Outlook: June 13-17 Posted: 12 Jun 2011 06:00 AM PDT Forex Pros – Last week saw the New Zealand dollar ease off a record high against its U.S. counterpart on Friday, but the kiwi was expected to remain well supported as expectations grew that the Reserve Bank of New Zealand would raise interest rates. <br /><br />NZD/USD hit an all-time high of 0.8300 on Thursday; the pair subsequently consolidated at 0.8212 by close of trade on Friday, gaining 0.75% over the week.<br /><br />The pair was likely to find support at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – AUD/USD Weekly Outlook: June 13-17 Posted: 12 Jun 2011 05:37 AM PDT Forex Pros – Last week saw the Australian dollar slump to a two-week low against its U.S. counterpart on Friday, after the Reserve Bank of Australia left its benchmark interest rate unchanged amid signs of moderating employment growth. <br /><br />AUD/USD hit 1.0524 on Friday, the pair’s lowest since May 26; the pair subsequently consolidated at 1.0534 by close of trade, tumbling 1.7% over the week. <br /><br />The pair was likely to find short-term support … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Posted: 12 Jun 2011 05:19 AM PDT In April 2011 it was thought that it would be a very safe bet that both Osama Bin Laden and the US dollar was doomed. They both attracted ignominy of the highest degree. Yet we posted on this blog (04/24/2011) this post This is the contrarian investors next big winner . That’s right we felt the US Dollar would shine once more. Well maybe not yet! You must say it looking more and more bullish for the USD.
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| Crude Oil Futures – Weekly Review: June 6-10 Posted: 12 Jun 2011 05:05 AM PDT Forex Pros – Crude oil prices fell sharply on Friday, dropping below USD99 a barrel as Saudi Arabia reportedly planned to increase production, while concerns over the global economic recovery weighed on demand expectations. <br /> <br />On the New York Mercantile Exchange, light sweet crude futures for delivery in July traded at USD98.85 a barrel by close of trade on Friday, edging 0.05% higher on the week.<br /><br />It earlier fell to USD98.58 a barrel, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Gold Futures – Weekly Review: June 6-10 Posted: 12 Jun 2011 04:39 AM PDT Forex Pros – Last week saw gold prices slump to a one-week low on Friday, as a broadly stronger U.S. dollar and lower oil prices reduced 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 USD1,532.05 a troy ounce by close of trade on Friday, shedding 0.7% over the week . <br /><br />It earlier fell to USD1,525.75 a troy ounce, the lowest price since June 3. <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/CHF Weekly Outlook: June 13-17 Posted: 12 Jun 2011 04:04 AM PDT Forex Pros – The week ending June 10 saw the U.S. dollar rebound from an all-time low against the Swiss franc after weak domestic inflation data reduced expectations for the Swiss National Bank to tighten policy. <br /><br />USD/CHF hit 0.8325 on Tuesday, an all-time low; the pair subsequently consolidated at 0.8427 by close of trade on Friday, climbing 0.9% over the week.<br /><br />The pair was likely to support at 0.8325, Tuesday’s record low and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – USD/JPY Weekly Outlook: June 13-17 Posted: 12 Jun 2011 03:25 AM PDT Forex Pros – Last week saw the U.S. dollar pull away from a month low against the yen after Japan’s finance minister Yoshihiko Noda said that he was closely watching the yen’s appreciation, triggering speculation the country could intervene in the currency market.<br /><br />USD/JPY hit 79.69 on Wednesday, the pair’s lowest since May 5; the pair subsequently consolidated at 80.30 by close of trade on Friday, edging 0.1% higher over the week. <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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