Nine “O” Clock
Currency Commodity Report
· U.S. jobless claims fall 6,000 to
213,000
· 12-month rate of core PPI climbs to
2.8% from 2.7%
Range bound markets are very scary. Gold, silver and crude
oil are trading in a range. Nickel, copper, lead and zinc are showing signs of
weariness on today’s rise. Investors and traders are extra cautious today. Even
the currency markets are range trading with the US dollar having the slight
edge against the euro and pound. Direction of US stock markets will dictate
metals, energies and currencies. The recent range bound trade will be broken
soon. News will be the key. US dollar Index still floats over 95.00.
GOOD NIGHT
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