Posts Tagged ‘Russian invasion’

Yen Trades Higher on Safe-Haven Demand on Russia Tensions

by Christopher Lemieuxon April 25, 2014 10:00 am BST
The Japanese yen has seen a lot of action this week as tensions between Ukraine and Russia continue to escalate, as Ukraine demands reasoning from its neighboring country on why military drills are being done on their borders. If Russian does not meet requests, Ukraine said it is prepared to fight Russian troops. US Secretary […]

Gold Breaks From Consolidation Under $1,320

by Christopher Lemieuxon April 14, 2014 8:55 am BST
Gold has made a modest rebound after the precipitous drop of over $100 per ounce from the recent high of $1,392.60 per ounce. Gold has been a difficult trade as the safe-haven appeal seems to be broken once again, as it declines with the global equity sell-off. The precious metal has seen upwards spikes relating […]

WTI Breaks $104 on Positive US Data

by Christopher Lemieuxon April 11, 2014 6:57 pm BST
West Texas Intermediate (WTI) crude has breached through $104 per barrel on the back of positive data out of the United States and forgetting about the four million barrel increase in inventories, according to Wednesday’s Energy Information Administration (EIA) data. The Reuters/University of Michigan prelim consumer sentiment increased to 82.6, surpassing analyst expectations of 81.2 […]

Gold’s Rally Continues As Traders Seek Safe Havens

by Christopher Lemieuxon March 14, 2014 6:43 am BST
The beauty of gold, aside from its luster, is its predictability in price movements. Gold has been a barometer of economic and geo-political stability throughout the course of modern trading. Gold can fluctuate day-to-day, but traders pile into when economic data from leading economies is poor or threats of war breakout. Traders, also, exit when […]