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Letter "J" » James Moore Quotes
«Obviously, the New York holiday is leaving market conditions quite thin and the trade is looking at the background noise such as the dollar and oil prices.»
«The combination of softer oil prices and a firmer dollar have triggered some profit taking overnight.»
«Whether the yellow metal will hold above $550/oz rests largely in the hands of US traders as they return later today.»
«The combination of jumping oil prices and weak U.S. economic data has triggered an end-of-week rally in the precious metals complex, with gold rising to just shy of $559.»
«Short-term the outlook for gold remains mixed with traders closely monitoring the movements in the currencies and oil as well as the newswires, while concerns about inflation and geo-political uncertainties continue to support a more bullish mid to long-term view.»
«Some profit taking has emerged overnight as oil prices soften but the current backdrop of geo-political tensions and nervous currency/energy markets are likely to draw investors towards more traditionally safe-haven assets such as gold.»
«Gold is looking set for more sideways trade.»
«Funds are liquidating positions in gold because they are expecting higher interest rates in the U.S..»
«I don't see the Democratic primary taking off at this point. Until we see Hill and Sorenson raising serious money to get out serious messages, I don't think it's a strong race.»