Thursday, May 14, 2015

The US dollar fell to a four-month low, Gold rallied nearly 2%

The stocks is going nowhere folks, here is some short notice, Economists were again focused on whether consumers are spending their extra cash from low gas prices rather than saving, and if the weather-related weakness has lifted. "The continuing weakness of retail sales in April brings into question our working assumption that the soft patch through the winter months was largely due to the unseasonably cold temperatures in the Northeast," wrote Capital Economics' Paul Ashworth in a note to clients on Wednesday.

World safe haven currency http://www.businessinsider.com/us-dollar-vs-euro-may-13-2015-5">The US dollar fell to a four-month low. The dollar fell after the retail sales report, and continued to slide through the day to as low as 93.51. Meanwhile Eurozone currency The euro rallied against the dollar, climbing to as high as $1.1382.

http://www.businessinsider.com/gold-and-silver-prices-may-13-2015-5">Gold rallied nearly 2%, crossing the $1,200 mark to as high as $1218.50 per ounce. Silver jumped more than 3% to as high as $17.2 per ounce. 

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