Posts Tagged ‘Commodity’
Dollar lower as commodity prices fall
Dollar lower as commodity prices fall
THE dollar was almost US0.5c lower this morning as commodity prices ended their holiday period rally.
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Commodity Currency Short Positions Setting Up
An AUDUSD top may be in place although a test of 9140 cannot yet be ruled out. A break below the short term support line ( being tested now) would be bearish. 8975 is short term resistance and 8870/90 is short term support.
View full post on DailyFX Technical Analysis – Candlesticks
The Euro and Commodity Currencies Rally as ECB Guarantees, Chinese Data Quiet Crisis Concerns
The Euro and Commodity Currencies Rally as ECB Guarantees, Chinese Data Quiet Crisis Concerns
Over the past six months the principal fundamental concern behind the bear market has evolved. What was originally a mere retracement on a overextended 2009 rally would evolve into fears over the health of the outperforming economies , then uncertainty surrounding sovereign credit risk with ballooning deficits and finally the specific concerns that the next financial crisis could spread from the …
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