Trading Update |
20-Sep-13, 9:08am: The stock markets are looking a little softer this morning and the dollar is having a relief rally against a number of currencies. |
20-Sep-13, 9:24am: Most stock markets after drifting a little lower this morning. Having said that, the Nikkei 225 chart is looking positive and we might have a golden cross with the moving averages. GBPUSD is enjoying support at $1.609 and EURUSD is trading just above support at $1.3519. |
20-Sep-13, 11:20am: There is a new trading video on our blog which looks at the market swings following the Fed’s decision not to taper asset purchases (and Michael Hewson is looking just a little smug about being proved right). Gold and Stock Markets Spike as Fed Fails to Taper Asset Purchases |
20-Sep-13, 2:40pm: Below, a short update on the Silver futures market. It looks like the metal should hold at $20 and there is room to the upside. |