USD near extremes vs all the major currencies The USD is near extremes (higher USD) vs all the major currencies. The biggest pip changes are 74 and 76 pips vs the EUR and the CAD.
Can gold outperform once again this year In the past decade, gold has gained an average of 6.5% in the first two months of the year. Can gold do it again? I spoke with BNNBloomberg this week about the outlook for gold, the Canadian dollar and risk assets.
The US dollar continues higher The US dollar has caught another bid. It’s beating up on the commodity currencies and now it’s making headway against the euro and pound.
That’s not a good sign Is the government going to shut down or will Trump back off? ForexLive
Trump wants $5 billion for a wall Congressional leaders failed to strike a deal with the White House on Friday and the government partially shut down non-essential services today.
A look at how bitcoin performed in 2018 While the leading currency lost over 80% of its value since the “peak Bitcoin” in December 2017, many day traders made fortune during the downtrend placing the right orders at the right time. Let’s go through some examples, so you can decide whether it was within your…
Forex news for North American trade on December 21, 2018: Markets: – Gold down $4 to $1256 – WTI crude down 47 cents to $45.51 – US 10-year yields down 2 bps to 2.79% The Fed’s Williams tried to ride to the rescue of the market by walking back some of Powell’s comments and his…
Absolute rout It was the worst week for the S&P 500 since August 2011 and the worst week for the Dow Jones Industrial Average and Nasdaq since 2008. One the day:
China will look to stimulate Earlier today, Xinhua reported that China will cut taxes and work the keep liquidity ample in the year ahead. “The external environment is complex and severe, and the economy is facing downward pressure,” Xinhua said, adding that the government would maintain its pro-active fiscal policy and prudent monetary policy next…
The weekly forex positioning data in the CFTC Commitments of Traders report for the week ending Tuesday, December 18, 2018 – EUR short 53K vs 56K short last week. Shorts trimmed by 5K