Month: February 2017

U.S. Dollar & Long Bond Update

The U.S. Dollar Index, which measures the U.S. dollar versus a basket of foreign currencies, is still perched precariously just above the breakout point of its 2015-2016 consolidation.  With the market closing the week at 101.1, the U.S. dollar must remain above 99.5 on the Index. The U.S. dollar must […]

Daily Market Review (Gold Price)

Gold Price decreased significantly to $1,229.80 (-10.00) per ounce today, Silver Price $17.96 (-0.16), Dow Jones index 20,682.26 (0.28% raise).    U.S. Dollar vs Precious metals The US Dollar outperformed in overnight trade as markets looked at weekly statistical releases scheduled of Fed commentary that may boost near-term rate hike speculation. […]