DailyMarkets.com - Bullish Set Up On US Dollar |
- Bullish Set Up On US Dollar
- Forex – Weekly Outlook: January 23-27
- Silver Breaks Downtrend, Junior Miners Outperforming Majors
| Posted: 22 Jan 2012 02:51 AM PST The US Federal Reserve meets next week (Jan 24/25) and many are expecting Bernanke to release the next financial QE details. The markets are poised for Ben next market leading action. But, it looks like the next QE will be delayed until there is real pain in the markets: Fed To ‘Hold Off’ On QE.
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| Forex – Weekly Outlook: January 23-27 Posted: 22 Jan 2012 02:07 AM PST Forexpros – The euro was lower against the U.S. dollar on Friday, trimming some of the week's gains as investors sold the currency to lock in gains after it rallied to a two-week high, while talks on restructuring Greece's debt continued for a third day. The euro found support earlier in the week as successful government debt auctions by Spain and France eased concerns that borrowing costs for euro zone countries would rise, after ratings downgrades on the countries by Standard & … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Silver Breaks Downtrend, Junior Miners Outperforming Majors Posted: 21 Jan 2012 07:49 PM PST On January 3, 2012 I wrote to my readers that silver would begin outperforming gold similar to what we saw in 2010. On Friday we saw a major gain in silver of close to 5%, breaking the 50 day moving average for the first time since the Operation Twist decline in September. This was an attempt by the Federal Reserve to manipulate commodity prices lower while artificially inflating U.S. dollars and bonds. It appears that this temporary fix may be reversing to the benefit of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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