On Thursday, January 24, in the course of the trading session precious metals mostly traded lower, while the more positive-than-expected data from the US labor market, since these figures have cast a shadow on the prospects of incentives through the American regulator. Indeed the number of initial claims for unemployment benefits last week fell to 330… Read more

On Wednesday, January 23, the price of gold and silver showed a mixed trend. Nevertheless at the beginning of the world trading session both assets traded in a narrow range. Since investors do not wish to risk in the eve of voting on the upper limit of US debt. Meanwhile, silver prices rose during the session to… Read more

EUR still managed to find the strength to be rehabilitated, and GBP did not work, that only confirms the validity of the assumptions about the scale of recent change in market sentiment. As a result, EUR/USD closed the day at around 1.3375 and GBP/USD – of 1.60. So, Spanish auction has again a great success: it… Read more

Despite the fact that the problems in the eurozone remain, the European Central Bank yesterday left interest rates unchanged at 0.75%. Staying true to its mandate to ensure price stability in the eurozone, the central controller does not succumb to pressure from the recession, which caused the precipitous decline of the US dollar against the… Read more

Today will be a meeting of the European Central Bank, in which the monetary policy in the eurozone will be considered. Likely that the current interest rate in the region will not be changed and will remain at 0.75 percent per annum. But the decisions promise to be more interesting follow the ECB may hint… Read more

While US lawmakers are preparing for further talks about how the country does not fall into the “fiscal cliff,” most major pairs with USD underwent a downward correction, which was developed yesterday and this morning. EUR/USD is close to the 30th figure, in which the pair can find the support. Despite the fact that from the… Read more