Wednesday 4 February 2015

4th February 2015

Market Commentary

The EUR falls a 2nd day after the ECB had announced it is shutting off access
to badly needed funds. That's a cumulative loss of 15% now on the EUR vs USD since last year August.
Crude oil slips for fears of slower economic growth in EU and gold offers a safe haven route once again for nervous traders.


US DX
94.302     -0.270 -0.35%
Support  
93.282   Resistance  95.142


EUR
1.134595     -0.011500 -1.00%
Support   1.12410   Resistance 1.15810
       


Crude Oil

48.93     +0.48 +0.93%
Support   45.04   Resistance 54.26





 
Gold
1272.360     +11.330 +0.90%
Support  1,248.5  Resistance 1,281.3

       

Pieter Bergli - DeLoren Trust Holdings

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