A week ago, both metals were sinking, Gold almost tested $1200, while Silver crashed to $14 before recovering quickly above $15 the next day. Today, Gold is trading around $1240, while Silver is stabilizing well above $16 so far, which might be a sign for another move ahead. Higher Gold On Low Inflation? Some traders are confused with the ...
Precious metals are on course to post its second weekly decline in a row, including Gold and Silver as global bond yields keep on rising. One of the main reasons for the recent rise in bond yields are central bankers remarks over the past week. Central bankers are back on the same page, while in the past some banks were adding to their stimulus...
The US Dollar Index failed to stabilize last week, even after central bankers have sent a clear message to the market that the easy monetary policies are coming to an end. Such remarks were supposed to push currencies higher. The US Dollar Index failed to stabilize above 96.30’s support area and dropped all the way to 95.60’s. However, at the b...
For the past few years, Greece was on the edge of collapsing. However, the EU jumped in and managed to rescue the country. However, the EU managed to bailout Greece many times. Yet, the country is still suffering, affecting the rest of Europe, which in return keeps the uncertainty higher by the days. What’s The Problem? The Greek government ...
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