Thursday, December 11th, 2008
Movement is all about the US dollar and Crude. The dollar gave up over 2% today and its through its first support; has the move lower begun? International currencies were 1-2% higher. Crude closed 9% higher on the day and is on the verge of punching through $50/barrel once again. Gold and silver had a strong showing [...]
Tags: british pound, cocoa, coffee, commodities, corn, dollar, Dow, euro, futures, oil, options, orange juice, S&P, soybeans, stocks, sugar, USDA, wheat
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Monday, December 1st, 2008
We suggest using this setback in metals to gain long exposure in gold and silver via futures and options. This week the ECB, BOE, RBA and RBNZ all meet on interest rates and we expect cuts across the board; contact us for our expectations. Talk of the British pound becoming part of the Euro contributed [...]
Tags: british pound, cocoa, coffee, cotton, euro, gold, orange juice, silver, softs, stocks, sugar, volatility, yen
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