Posted by racerick on 12th of Jan 2015 at 07:08 am
Been a pretty active nite. Gold had nice move up, hitting 1231
area, until around 1:45 when the dollar started rallying up nearly
.50 and pushing gold back down to the 1220 area.
Oil has been weak all night, undercutting Fridays low slightly,
hitting 47.06 with not even a hint of a decent bounce yet. Natgas
has likewise been down all nite.
Indexes were down to flat until about 1:45 also, and have
steadily moved up with SPX futures up about 12 points and the DOW
futures up around 100 currently.
In Forex, with the strong rebound from Friday in the USD, pretty
much everything else has sold off against, including Euro, Yen and
Aussie.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Overnite Review
Posted by racerick on 12th of Jan 2015 at 07:08 am
Been a pretty active nite. Gold had nice move up, hitting 1231 area, until around 1:45 when the dollar started rallying up nearly .50 and pushing gold back down to the 1220 area.
Oil has been weak all night, undercutting Fridays low slightly, hitting 47.06 with not even a hint of a decent bounce yet. Natgas has likewise been down all nite.
Indexes were down to flat until about 1:45 also, and have steadily moved up with SPX futures up about 12 points and the DOW futures up around 100 currently.
In Forex, with the strong rebound from Friday in the USD, pretty much everything else has sold off against, including Euro, Yen and Aussie.