August 2013



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Market Review – Silver

Like Gold, Silver has made a strong recovery since having fallen to a 35-month low in June. Silver has now gained nearly 30 per cent over the last three months, outperforming Gold, which recorded an 18…



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FX EUR/USD – Market Outlook

Speculations about a third rescue package for Greece were fuelled once more as Germany’s Finance Minister Schaeuble explained the need for a further package during his party’s current election campaign. According to the “Sueddeutsche Zeitung”,…


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FX EUR/USD – Market Outlook

This week a range of economic data from Germany might confirm that Europe’s largest economy is gaining momentum. German producer prices are expected to rise by 0.2 percent for the month of July, ending a period of…



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Currency market outlook – GBP/USD

London, 13.08.2013 — Michael Qureshi.  Wednesday will see the release of the UK unemployment rate. BoE governor Carney indicated that long term low interest rates will be tied to an unemployment level above 7%.  Should…