"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •676 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •14 mins | 2,045.80 | -13.50 | -0.66% |
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WTI Crude •10 mins | 99.03 | +3.61 | +3.78% |
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Gasoline •11 mins | 3.601 | +0.075 | +2.12% |
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Ethanol •676 days | 2.161 | +0.000 | +0.00% |
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Silver •676 days | 30.82 | +1.16 | +3.92% |
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Silver • 676 days | 30.82 | +1.16 | +3.92% | |
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Copper • 676 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 104.76 | +3.47 | +3.43% | |
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Natural Gas • 11 mins | 2.802 | +0.045 | +1.63% | |
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Heating Oil • 11 mins | 4.001 | +0.102 | +2.61% |
Stocks sold off last week…
This aging bull market may…
During the quarter there were…
EUR/USD extended sharply higher, as six central banks, reduced their USD funding costs to ease the debt crisis. The impact was very positive for investors around the world and has encouraged traditional "risk appetite" markets, such as EUR/USD, AUD/USD and S&P500 to turn back higher.
Expect the recovery to be limited into 1.3610, then 1.3730 and perhaps even 1.3850-90. Probability still favours a bearish reversal at these levels.
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