Us Dollar Index
Interesting facts: The international copper prices have declined and moved into RED. The US dollar index is in green which should make the copper prices to fall. Euro is just marginally weaker to dollar. Then why do we have the copper prices domestically high ????? It is our own rupee
2.24 PM Dec 17th 2012
What I have been watching here is the us dollar index which is also in green and was green through out the day. As long as that remains green the copper prices remain down. We shall watch US market after it`s pass at least 90 minutes from opening. Market will then give stable figures.
8.17 PM Dec 13th 2012
Dollar Index suggests that the rupee is most likely to continue to move towards 50 levels. Weakness in the US dollar Index also implies a boost for equity investments and commodity prices. At this juncture the momentum indicators on the daily chart indicate overbought conditions and that a short
9.13 PM Oct 6th 2012
support at USD87.71 and resistance at USD93.33. US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.03% to trade at USD79.44. Elsewhere on the ICE, Brent oil for November delivery fell 0.12% to trade at USD112.28 a barrel, with the spread
12.06 PM Oct 5th 2012
British thermal units. Natural gas was likely to find support at USD2.791 and resistance at USD3.154. US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.26% to trade at USD79.95. Elsewhere on the Nymex, Crude oil for November delivery
2.32 PM Sep 27th 2012
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