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  • Gold Weakens Ahead of FOMC Meeting

    COMEX gold futures fell sharply in early trading on Monday, losing over $12 per ounce. Recent positive economic data out of the US, including a robust employment report, has fueled speculation that the Federal Reserve may hike interest rates sooner than expected. Analysts will be watching very caref

  • Rouble and Krone Crushed as Oil Tanks

    NYMEX WTI crude oil futures sank below $60 on Thursday to a new new 5 and a half year low. The decline in price has been sharp in 2014, with prices falling by 45% since June. Oil prices were most recently pressured lower as the International Energy Agency (IEA) cut its 2015 demand forecast for the f


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  1. EUR/USD gives back gains, targets new lows
    EUR/USD (daily chart shown below) has given back most of the gains it made during a recent rebound that hit a. […]
  2. SNB Surprises, but Fed Stays Course
    *The Swiss National Bank surprised the market by announced a negative 25 bp rate on sight deposits and lower t. […]