Showing posts with label Metals. Show all posts
Showing posts with label Metals. Show all posts

Thursday, May 5, 2011

Melting Metals and Jobless Claims Boost the Buck

The USD rallied again as precious and base metals dropped anew and risk everywhere was distinctly in "off" mode. Then, today brought another negative data shocker in the form of a horrible US weekly jobless claims number. How long will USD ride high on the wave of risk misery?