By FXEmpire.com The silver markets had a very neutral day in reaction to the testimony given by the Federal Reserve Chairman in front of the U.S. Congress. While he didn’t go out and explicitly suggest that quantitative...
Read MoreBy FXEmpire.com The light sweet crude markets fell at first during the session on Tuesday as the Federal Reserve Chairman’s testimony wasn’t explicitly pro-quantitative easing. This would’ve disappointed many...
Read MoreBy FXEmpire.com The natural gas markets fell during the session on Tuesday as the consolidation continued. The $2.70 level continues offer support on the downside, while the $3.10 level offers resistance above. It looks as if...
Read MoreBy FXEmpire.com The gold markets during the session on Tuesday went both up and down in reaction to comments made by Ben Bernanke in front of the U.S. Congress. While there were no explicit terms or suggestions that a...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/USD bounced around from lows early in the morning to highs in the early afternoon prior as investors positioned themselves ahead of Bernanke’s testimony. New flow was...
Read MoreBy FXEmpire.com Analysis and Recommendations: The USD/CAD is trading at 1.0156 after Fed Chief Bernanke today sketched out for members of Congress the weaker economic outlook, and stressed that the central bank is prepared to...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/GBP traded up a bit today, as the euro garnered some strength earlier in the day as investors hedged bets before the Fed testimony. The pair are trading at 0.7844 Although,...
Read MoreBy FXEmpire.com Analysis and Recommendations: The GBP/USD is trading at 1.5585 down 0.0051 after the US Fed statement. Today, prices have to be quoted as before, during or after as markets fluctuated a great deal, but all on...
Read MoreBy FXEmpire.com Analysis and Recommendations: Silver is trading post Bernanke at 27.078 down 0.243. Industrial metals and precious metals were down after Bernanke and on global growth revisions from the IMF. Markets had pinned...
Read MoreBy FXEmpire.com Analysis and Recommendations: Crude Oil post Bernanke, today, all prices have to be quoted post or pre Bernanke, in early trading crude remained strong, on the geopolitical tension from Iran with Syria and Turkey...
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