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  • Euro Falls to New 11 Month Lows Against the Dollar After Draghi Comments

    ECB president Mario Draghi’s comments on Friday raised market expectations of quantitative easing in the euro zone, sending the European common currency sharply lower. Draghi, speaking at the Fed’s annual meeting of top central bankers and economists in Jackson Hole, Wyoming, stated that


  • Gold Takes it on the Chin After FOMC Minutes

    COMEX gold futures are trading lower on Wednesday following a sharp drop on Tuesday, when Federal Reserve Minutes showed that some policymakers are pushing for an interest rate hike sooner than the expected date of mid-2015. The US Dollar rallied sharply in reaction to the Fed minutes, reaching the


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