USD/JPY Forecast: USD Continues to Recover Against Yen
It was amazing to watch Wall Street just talk about the Fed as if they are not fighting inflation and are more concerned about the stock market and what Wall…
It was amazing to watch Wall Street just talk about the Fed as if they are not fighting inflation and are more concerned about the stock market and what Wall…
Jobs could be a catalyst, but now I think it’s much clearer that the US dollar is still needed and wanted, and the recent pullback in the dollar could present…
The announcement comes via the PBOC and will take effect on January 3rd. Thus, the domestic interbank foreign exchange market, Chinese Foreign Exchange Trading System and# 0;CFETSand# 1; follow the…
It is the most important chart in the world. When you watch TV, it’s about annual losses in the stock market, but there’s a lot more money in global bonds,…
Sterling is down 0.5% on the day after failing to rise above the 161.90 Fib. resistance The pair broke the short-term uptrend line and is now testing the 160.90 support…
The rand has fallen about 10% against the US dollar this year on the spot. Economists at Société Générale expect the USD/ZAR pair to fall to 15 by the end…
Bitcoin is down 1.3% over the past seven days and has remained just below $17,000 since Saturday. Ethereum lost 5.3% to $1,180. Other top 10 major altcoins fell 8.8% (XRP)…
WTI crude futures were down $0.57, or 0.7%, at $78.96. The lowest price was $79.85. The low price rose to $77.35. Looking at the hourly chart above, price has traded…
I think the Euro is over inflated and has nothing to do from a fundamental point of view, but I also understand that a level above 1.08 is the door…
Remember that there is a severe lack of liquidity at the end of the year and gold can be somewhat volatile. The gold market is in a fairly strong downtrend…