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The SPDR Gold Trust Just Hit A 5-Month High
Wednesday, January 21, 2015 - 5:53pm | 663The rally in precious metals and related stocks continues to push higher as the SPDR Gold Trust (NYSE: GLD) hits a new five-month high. The initial rally was spurred by oversold technical levels, but the last few weeks the fuel has been moves by central banks around the globe. On Wednesday,...
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Should Traders Buy the Canadian Dollar with Yen?
Wednesday, May 25, 2011 - 11:33am | 161Nomura Holdings is recommending that investors buy the Canadian dollar against the yen, according to Bloomberg. The trade recommendation is based on the assumption that the Canadian Central Bank will continue to hike interest rates, while Japan's trade situation will worsen. So far this year, the...