Euro is expected to trade higher

Euro

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 Source: Angel Broking Pvt Ltd US DOLLAR INDEX The American currency traded on a flat note yesterday with the US markets closed on account of Memorial Day. In yesterday’s speech, St. Louis Federal Reserve President James Bullard commented on how the global markets appeared to be “well-prepared” for a summer…

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Silver: Scope for bulls

Silver

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Source: Sharekhan Gold: Watch closely Weekly close: $1212.15 Gold had broken out from a large Ending Diagonal pattern in February. Since the breakout, it rallied nicely till $1282. From that level, Gold has been trading in rangebound manner. Near the end of April, it had crossed the high of $1282;…

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Buy Crude Oil @ 3350 Target 3450

Crude Oil

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Source: Sushil Finance Gold Gold fell below $1,200 for the first time since mid-February on Monday, as comments from Federal Reserve chief Janet Yellen on the likelihood of higher U.S. interest rates sent the dollar to two-month highs. The Fed should increase interest rates in the coming months if the…

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