Commodity Prices | Forex Trading


Archive for March 20th, 2008

Commodity Prices Plunge, End Week With Biggest Drop Since 1956

Bloomberg, 16:56 (New York) 20-Mar-2008
By Claudia Carpenter and Millie Munshi
March 20 (Bloomberg) — Commodities plunged, capping the biggest weekly drop in five decades, on speculation that slower global growth will curb demand for energy, metals and grains.
The Reuters/Jefferies CRB Index of 19 commodities tumbled 8.3 percent this week, marking the steepest drop since at least […]

Europe continues slump as gold prices drop

Gold futures were down $24 an ounce on Thursday after the $59 tumble on Wednesday. Oil futures briefly fell beneath the $100 a-barrel level for the first time in three weeks.
Oil is under pressure as demand appears to be slowing. Some serious volatility in the markets.
How does all this relate to the Forex and […]

FX - Tip of the Week

Over-cautious trading - Like the trader who tries to take small incremental profits all the time, the trader who places tight stop losses with a retail Forex broker is destined for losses. Give your position a fair chance to demonstrate its ability to produce. If you don’t place reasonable stop losses that allow your trade […]