DailyMarkets.com - Forex – USD/CAD Weekly Outlook: December 19 – 23

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• Forex – USD/CAD Weekly Outlook: December 19 – 23
• Grain Futures – Weekly Outlook: December 19 – 23
• Crude Oil Futures – Weekly Outlook: December 19 – 23
• Forex – NZD/USD Weekly Outlook: December 19 – 23
• Gold Futures – Weekly Outlook: December 19 – 23

Forex – USD/CAD Weekly Outlook: December 19 – 23 Posted: 18 Dec 2011 06:19 AM PST Forexpros – Forexpros – The U.S. dollar ended the week sharply higher against its Canadian counterpart on Friday, as market sentiment weakened amid concerns over possible credit downgrades in the euro zone after Fitch lowered its outlook on France. USD/CAD hit 1.0243 on Wednesday, the pair's highest since November 28; the pair subsequently consolidated at 1.0381 by close of trade on Friday, jumping 1.87% over the week. The pair was likely to find support at 1.0258, the low of November 29 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Grain Futures – Weekly Outlook: December 19 – 23 Posted: 18 Dec 2011 06:18 AM PST Forexpros – Last week saw U.S. corn and wheat prices fall to multi-week lows as ample global supplies and increased competition for U.S. exports weighed, while soybean futures climbed to a one-week high as poor weather conditions in Argentina and Brazil fuelled concerns over crop conditions in the South American countries. On the Chicago Mercantile Exchange, corn futures for March delivery traded at USD5.8288 per bushel by close of trade on Friday, dropping 1.67% over the week, the sixth … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Futures – Weekly Outlook: December 19 – 23 Posted: 18 Dec 2011 06:16 AM PST Forexpros – Last week saw crude oil futures tumble to the lowest price in nearly six weeks as lingering fears over mass euro zone credit ratings cuts and an economic slowdown across the single currency bloc dragged down prices. On the New York Mercantile Exchange, light sweet crude futures for delivery in January traded at USD94.08 a barrel by close of trade on Friday, tumbling 5.57% over the week, the worst weekly loss since late September. Earlier Friday, crude prices fell to USD92.51 a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – NZD/USD Weekly Outlook: December 19 – 23 Posted: 18 Dec 2011 06:15 AM PST Forexpros – The New Zealand dollar rose to a three-day high against its U.S. counterpart on Friday, trimming some of the week's losses as new signs of progress in resolving the euro zone's debt crisis boosted demand for riskier assets. NZD/USD hit 0.7460 on Thursday, the pair's lowest since November 25; the pair subsequently consolidated at 0.7615 by close of trade on Friday, declining 1.68% over the week. The pair is likely to find support at 0.7447, the low of November 21 and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gold Futures – Weekly Outlook: December 19 – 23 Posted: 18 Dec 2011 03:12 AM PST Forexpros – Gold futures rose for the first time in five days on Friday, rebounding from an 11-week low as the biggest weekly drop since September created bargain buying opportunities for investors. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery settled at USD1,601.15 a troy ounce by close of trade on Friday, plunging 6.7% over the week, the worst weekly loss since late September. Gold futures were likely to find support at USD1,562.95 a troy … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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