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Forex Commentaries and Forecasts

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The Gold, EURUSD and USDCHF with new records today

Fri, Mar 14 2008, 15:30 GMT
by Peter Mill

World-Signals®  |  View company's profile


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Live Forex, Stock, CFD, Gold and Crude Oil signals by World-Signals.com.
The traders prefer to sell dollars at the end of very dynamic business week, a week where the dollar was widely losing. The euro set new trading record against the dollar at 1.5686. At the same time the Swiss Franc was trading for first time below 1.00 @ 0.9987. The Gold finally break above $1000 with new record @ 1006.70 just 30 minutes after New York opening. The traders run away by the dollar and turn all investments in other investments like Gold, Oil and other currencies. The Gold breaks $100 levels between $900 and $1000 just for 2-months. The moving up will continue and we do not see other solid psychological level to stop the raising metal.

Published on  Fri, Mar 14 2008, 15:31 GMT


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