Archive for greenback
You are browsing the archives of greenback.
You are browsing the archives of greenback.
These past 2 weeks, the market just seems to be all over the place. Every time oil prices rise, the overall market is hurt and the oil/gas stocks gain momentum, and every time oil prices fall, the overall market is bullish and oil/gas stocks lose momentum. Every time the greenback loses a bit of [...]
Gold hasn’t been able to find it’s ground lately with the constant strengthening and weakening of the greenback.
Take a look yourself:
Ever since gold hit above $1000 back in March, it’s been on a generally downward trend. I would attribute some of this to the fact that the greenback was at it’s weakest point in [...]