Hello everyone. The US dollar is weaker after Fed rate decision and FOMC statement as QE continues as planned. The EUR is pushing to the upside after diving to minor intraday support zone around $1.3650, GBP is recovering as well – but attention goes to commodities which are rallying at time of writing: Gold currently at 1343 from 1325 3 hours ago, Silver at 27.50 from 26.65 intraday bottom earlier today. Oil is climbing higher, too – not far below the $100 handle after recent consolidation into the 95-98.50 range.
My morning report tomorrow will be delayed a bit so I apologize in advance.
Here are some up-to-date charts:
EURUSD
- EURUSD hourly chart 1-26-2011
GBPUSD
- GBPUSD daily chart 1-26-2011
Gold
- Gold 4hrs chart 1-26-2011
Silver
- Silver 4hrs chart 1-26-2011
Oil
- Oil daily chart 1-26-2011
And here are some recommended articles:
Nic Lenoir Takes Goldman Head On, Says Time To Sell EURUSD Is Here
Greece Default With Ireland to Break Euro by 2016 in Global Investor Poll
Missing the Big Picture Part II
Financial Crisis Was Avoidable, Inquiry Finds
Half of Wall Street Was Satisfied With 2010 Bonuses
Goldman Sachs scholarship challenged at Senate
Richard Russell: The Dollar Has Lost All Stability And Is Ready For A Crash
… and a great song to listen to, as usual, because I know you enjoy good music as much as I do
Good night!
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