divider
divider
divider
blog
divider
divider
Español
divider

divider


Recent News:
  • Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.    Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.    Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.   
We are in the process of migrating to a new and improved website to better serve you. In the meantime, some pages will continue to reside on the old site layout as others are moved to the new layout. Please bear with us as we make this transition.
resources
Check Out Our New Ads
Independent. Objective. Reliable.

- View All -

In Our Words

"As a trader, you don't have to be perfect, but you do have to be disciplined. Accept your losses if the market moves against you and don't let greed get in the way when it moves with you. It's not about buying at the lows and selling at the highs - it's how you manage the trade while you're in it that matters most."

– Nick Metzger
Futures & Options Broker

Nick Metzger, Futures Broker
dt Newsletter Sign-Up
First Name:*
Last Name:*
Email:*
 
 
Commodity Futures Newsletter
Free Offers & Trials

Register for Your Free 2-Week Trial of the dt Insider Market Advisory!

Insider Market Advisory
View all free trials & offers

Futures Market News

- Subscribe to receive our commodity news updates by email -

Gold futures likely to follow euro's slump

Dec 19, 2011 06:13 AM

Monday is likely to see gold futures continue driving lower in price amid a strengthening dollar and a weakening monetary unit of the European Union, Bloomberg reports.

While the precious metal last week lost roughly 20 percent of its record price of $1,923.70 per troy ounce from this past September 6, the U.S. dollar skyrocketed to its highest value against the euro since this past January. But, despite the losses, the precious metal still will be in demand as investors look for a good deal, one investing consultant told the news service.

"Gold is still an attractive investment, and while a stronger dollar will cap gains, prices should remain supported as there are many buyers looking out for a bargain," chief investment comsultant Tao Jinfeng with Haitong Futures of China told the news service.

At 6:53 a.m. on Monday, gold futures slipped 0.16 percent, a $2.60 loss to $1,595.30 per troy ounce.

France, the euro zone's second-largest economy to the that of Germany, has been advised by Fitch Ratings that its credit rating is under scrutiny for a possible downgrade, according to Reuters.

Don’t Miss Our News Updates!

dt Commodity News
Share dt News:
Facebook Twitter More...

Follow our breaking news stories and get a unique take on current events that may impact the commodity futures markets.  Multiple new articles are posted each weekday.  Subscribe to our commodity news updates by email, and receive real-time updates with our RSS feed, follow us on Twitter @DanielsTrading, become a fan on Facebook to stay informed.


Enter your email address to subscribe to our commodity news by email:
    Delivered by FeedBurner



SPECIAL OFFER: Euro/Dollar in a Time of Crisis

Euro/Dollar in a Time of Crisis

Sign up for our FREE report and gain insight about the current global crisis through our extensive research and analysis!

Download this exclusive report as we examine current global events, the present impacts on market prices and volatility, and potential outcomes of the Eurozone crisis.

Download Now!


Special Offer

Insider Market Advisory

Register for Your Free 2-Week Trial of the dt Insider Market Advisory!

With your free trial membership, you'll receive full access to our exclusive trade recommendation service and all of the timely and accurate trade information you need to feel comfortable participating in the markets.


Register Now