(eToro Blog) With the news yesterday that the Federal Reserve intends to keep a watchful eye on the U.S. economy with a view to providing additional accommodation only as and when needed, gold bulls had been disappointed that there was no outright and near term commitment – at the very least they were hopeful that [...]
Commodities
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Gurus See Looming Uncertainty in Gold and Yen
(eToro Blog) Given the markets’ uncertainty of the future in light of the myriad economic and political issues in the Eurozone, and lingering doubt as to the recovery of the U.S. economy and the role the Federal Reserve now intends to play, most traders are keen to craft a strategy that will provide maximum profits [...]
Oil Outlook Tricky as Opposing Forces Weigh
(eToro Blog) Analysts point out that crude oil prices have held remarkably steady despite a surplus of global problems that are rapidly escalating. Over the span of just a few days, investors concerns have mounted, from worries over the Eurozone growth outlook and the current debt crisis to growing political uncertainty in France and elsewhere [...]