The popularity of trading Bitcoin has now reached the point where none other than the New York Times sees fit to declare cryptocurrencies, or more specifically initial coin offerings, “The ...
The one thing we can know with certainty is it won't be easy to profit from the crash. After 8+ years of phenomenal gains, it's pretty obvious the global stock market rally is overdue for a ...
by Pinchas Cohen The Week That Was: Oil Crash Rattles Markets The markets were dominated last week by the crash in oil, an immediate reversal after having been a market leader during the tech ...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar is off to a strong start this week as the greenback recovered earlier losses against the euro and British pound...
by Pinchas Cohen Key Events Dollar traders are wary of trusting the Fed again Pound maintains uptrend since October Global Affairs Global equities opened with strong start this morning, as tech ...
Just as I had hoped and anticipated, the Banco de Mexico hiked its interest rate to 7.0% on June 22nd and kept pace with the U.S. Federal Reserve’s rate hike. Apparently, this rate hike was not ...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. By all counts, it was an extremely quiet week in the foreign-exchange market. There was very little change in the U.S. dollar, ...
Suddenly and for no particular reason, gold futures plunged early Monday EST from $1255 to $1236. In the wake, the wires were buzzing about a "fat-finger trade," but who knows. Since the plunge, ...
I would like to put out a short update on the oil market. With the hard sell-off in the oil market of this past week this would seem a logical place to give it a rest and for a short seller to step ...
Crude oil is has entered a new bear market, the definition of which is when an asset class is down more than 20% from its recent high. It has been more than five years since the market fell so hard so...
Michael Bay's latest installment in the Transformers series came out this week and based on the early reviews, it's worse than the rest. Instead of wasting a couple hours of your time on that ...
Gold: Today’s red candle opens the way to a break of the uptrend line Original Post
FTSE +24 points at 7448 DAX +37 points at 12770 CAC +19 points at 5285 Euro Stoxx +13 points at 3556 The US dollar kicked off the week with a tiny appetite after the June preliminary PMI figures ...
After a week of range trading, the USD should see a pick up (of sorts) as we get a little more colour on the economy from hard data rather than mere rhetoric (from the Fed). Due to the spectrum of ...
In line with our bullish forward view on USD, behold the very bearish state of the Commercial Hedger positions in the euro (courtesy of Sentimentrader). Recent historical data speaks for itself. It ...
Over the last couple of weeks, I've been writing that metals would be turning the corner higher after the Fed. This past week we did move higher in metals and miners. This should continue but there ...
Fraternize about Gold with folks here amongst Monaco's financiers and wealth managers and you'll span pretty much the same spectrum of 180° out-phase-opinions as you'll find elsewhere. A close ...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management Summer must be here because it was an extremely quiet day in the forex market. Aside from the Canadian dollar’s big move ...
It is not that the economic data are not important. They are. Indeed, with the focus shifting toward prices from real sector performance, as the key to the reaction function of central banks, it is ...
Beginning in December of last year, following the announcement by OPEC of a cut in oil production, I've discussed the “headwinds” that persist against a sustained rise in oil ...
