(eToro Blog) With a quiet trading day ahead absent of any major economic news, the Euro is continuing to find support from the bombshell dropped by the U.S. Federal Reserve on Wednesday when Chairman Ben Bernanke announced the extension of the bank’s low interest rate commitment and suggested that another round of quantitative easing could [...]
Commodities 
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Has Obama doomed oil companies?
Today, Barack Obama declared that his administration will not issue contracts associated with the Keystone XL pipeline from Canada on February 21. While the Administration has yet to deliver an official statement, officials in the oil & gas industry are bracing for impact. Assuming that the White House will not have a change of heart, [...]
Traders Fear Oil Bubble
The rocketing costs of oil and gas shales, which in one case has shot up 10-fold in five weeks, is raising concern of a bubble, according to Bloomberg. Bloomberg said that, “Chinese, French and Japanese energy explorers committed more than $8 billion in the past two weeks to shale-rock formations from Pennsylvania to Texas [...]
