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Archive for August, 2009

August 3, 2009 - Daily Forex Tips – August 3rd 2009

Crude Oil and Gold Continue to Rise In accordance to the Dollar's depreciation, the commodities' value rises, especially Crude Oil and Gold.[caption id="attachment_1801" align="alignright" width="293" caption="Daily Forex Tips"][/caption] An ounce of gold is currently traded for around $955, and a barrel of crude oil is traded for over $70 – near a 1-month high. The rise in oil seems to go hand in hand with the positive publications, especially from the U.S, as they create the impression that demand for energy is likely to rise in the n... ( read more )