Commodities, currencies, etc

Sunday 10 May Currencies The US$ index continues to fall, with strength in Sterling and the Euro. Two weeks ago I wrote that “the A$ at just over 78¢ has tentatively broken its short term downtrend line, which gives rise to the possibility of a rally. Let’s wait and see.” Well, it did stage a … Read more

Sunday 3 May I view many charts, including those of commodities, on a weekly basis only, and highlight below a few of my observations. Double click on any of the charts to enlarge them. Iron Ore price US$56.20/dmt Last week the iron ore price rallied into the high 50s as I thought it might. It … Read more