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Featured Article |
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A Long-Term View on Key Markets
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| By: Jim Wyckoff (11/11/2009)
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U.S. Dollar Index: Last week saw gold futures produce a new all-time record high above $1,100.00 an ounce. Crude oil futures have pushed above $80.00 a barrel for a fresh 12-month high. Other commodity futures markets have recently established fresh multi-month or multi-year highs. Meanwhile, the value of the U.S. dollar against other major currencies is hovering near a 14-month low. This is a perfect example of inter-market relationships and how one market can have an affect on another.
Read the full article.
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