09/23/15 - 03:50 PM EDT
Financial media typically reports that there is an inverse relationship between the U.S. dollar and the price of crude oil, with the currency as the driver of the commodity.
09/23/15 - 02:57 PM EDT
Supplies are decreasing, Luke Rahbari said, and big energy companies should become more profitable.
09/23/15 - 01:55 PM EDT
Crude inventory data continues to show more drawdowns as crude has recovered from August lows.
09/22/15 - 05:30 PM EDT
Metals traded lower Tuesday along with just about every other asset class due to the level of uncertainty following the Federal Reserve's decision.
09/22/15 - 04:21 PM EDT
Metals traded lower Tuesday along with just about every other asset class due to the level of uncertainty following the Federal Reserve’s decision.
09/18/15 - 04:02 PM EDT
Housing reports and earnings from AutoZone and General Mills are also due out.
09/18/15 - 02:57 PM EDT
For the week of September 21 there are some key data to be released including new and existing home sales.
09/16/15 - 03:05 PM EDT
EIA (Energy Information Agency) data showed an unexpected drawdown, although crude oil fundamentals remain weak.
09/15/15 - 04:17 PM EDT
Eric Zuccarelli, an independent metals trader, says that weak demand and sluggish Chinese economic data was partly behind the current drop in gold prices.
09/15/15 - 03:07 PM EDT
Gold remains weak as it broke the key technical level of $1,180 due to a number of factors including a strong U.S. dollar and anticipation of the September FOMC meeting.