Dollar Sends Most Markets Lower and Gold Rushes to Top

» Posted by on Nov 9, 2015 in Commodities, Futures Power Rankings, Shop Talk | Comments Off on Dollar Sends Most Markets Lower and Gold Rushes to Top

Dollar Sends Most Markets Lower and Gold Rushes to Top


Trade Rec Update:

Last week we had two winners out of two trades entered totaling over $800.00.

This week we have four opportunities, all with reasonable risk. We will be revisiting the Beans and also suggesting the Yen, Euro and 10yr.

Biggest Jump (+6): The Yen jumped 6 spots into the top 10 as the dollar sent currencies lower. Speculation of a December rate hike sent the dollar near all-time highs, and closed the week above 99 for the first time since April. The Euro took the biggest hit of the majors, but the Yen could be poised to test the 80 level in the coming weeks.

Biggest Drop (-9): Natural gas dropped 9 spots from the top 5 after taking the week to digest levels in the low 2.30s. Expectations of a mild winter have curbed demand for the heating fuel, and prices may be poised to test 2.00 before all-time lows from 2012 at 1.90 if demand doesn’t pick up.

For Trade Recommendations associated with the Power Rankings, click here or call your broker. If you’re not yet working with an Index representative, call 800-376-0810 to get started.



[  ] – Associated Trade Recommendation

[  ] – Market was UP
[  ] – Market was DOWN
VDO – Last Week’s Price Volatility in dollar terms; or Volatility Dollar Opportunity
              (click here for more on the VDO)
Bias – This Week’s Bias
Rank – Based on VDO
Volatility – Last Week’s Price Volatility

Previously on the Futures Power Rankings:

10/26 – USDA Report Generates Huge Moves

10/12 – Celebrating One Year

10/5 – Metals Back in Focus off Employment Data




The post Dollar Sends Most Markets Lower and Gold Rushes to Top appeared first on Index Futures Group.

Disclaimer: Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition. Information contained, viewed, sent or attached is considered a solicitation for business.