SubscribeEuropean Session: Risk Aversion Puts EURUSD And Gold On The Ropes
October 29th, 2009 • Related • Filed Under
|
Equities traded heavily throughout the day yesterday, but it took a large miss in forecasts for US New Home Sales (-3.6% MoM vs. +2.6% expected) to add the catalyst for a USD rally late in the session. The numbers are particularly worrying considering that these figures reflect the performance of the housing market under stimulus, and considering the recent speculation that first-time homebuyer… | ||||||||||||||||||||
More on this topic
(What's this?)
7 Reasons Gold Will Surpass $2,500 - And Inflation Isn’t One of Them
(Money Morning, 10/21/09)
Van Eeden: Gold to Drop, U.S. Dollar to Rise, China's Economy May Collapse
(Shocked Investor, 10/15/09)
This Commodity Rally Is Bigger Than Gold
(Red Hot Energy and Gold - Global..., 10/12/09)
Loading ...
