Archive for December, 2007

Is the Dollar Rally Over?

Sunday, December 23rd, 2007

After holding onto its gains for the past week, the US dollar finally came under pressure today, It fell against the Euro, the Japanese Yen, the Australian, New Zealand and Canadian dollars. The only currency it did not drop against was the Japanese Yen, which benefitted from overall carry trade ...

Just Do It

Monday, December 17th, 2007

"Just do it." - Nike. Everyone's heard it, everyone's see it, and many of you wear it on those big dogs you call your feet. But how many of you practice what the slogan preaches? Do you ever doubt your decisions, particularly when opening or closing a trade? Maybe you spend too much time ...

Crude Oil Closes Choppy Trading Slightly Lower

Tuesday, December 11th, 2007

Crude oil closed lower on Monday after another volatile day of trading. Light sweet crude for January delivery moved at $87.86, down 42 cents on the session. Crude climbed as high as $89.80, but began to decline in the mid-morning before leveling off. Traders looked ahead to Tuesday's FOMC decision ...

Copper Prices Move Higher

Wednesday, December 5th, 2007

Copper moved higher on Wednesday amid the release of some positive economic data in the U.S. March closed at $3.016, up $1.80 on the session. The industrial metal pared some of its losses from earlier in the week. The red metal is down about 20 cents this week, after a strong ...