Last week I wrote about the happenings in Asia. The Chinese Yuan is getting hit. Chinese markets are dropping. Asian currencies are weakening. But one of the most important…
forex
A huge week for US Stock Markets before we end 2021. I say US Markets, but Stock Markets worldwide are moving together right now. Downwards and in the red….
Sometimes it’s very frustrating being a Silver trader. If you love this commodity, I still think the best way to play it, is by acquiring actual physical bullion for…
The fear trade is back. Travel restrictions are back. Possible lockdowns can come next. Or at least, that’s what the Market is pricing in. A new Covid variant has…
The Bank of Canada (BoC) took the markets and investors by surprise yesterday. Expectations were an announcement of gradually slowing down Canada’s Quantitative Easing (QE) Program. While the Fed…
The US Dollar (DXY) is making moves. I have covered the weekly chart of the Dollar sometime ago, but it is now time to take another look. The US…
The Canadian Dollar, or the Loonie as we call it, has nearly given back all its gains for 2021 year to date, after a stellar move. This is occurring…
Today’s Market Moment will focus on the chart of the DXY, or the US Dollar. US Stock Markets and Bond Markets are closed today in lieu of Memorial Day,…
I must admit, I was spooked when I saw the USDHKD break below peg support before the weekend. I knew this pointed to a currency war behind the scenes…
We saw the Dow Jones break below major support on Monday, and this was the beginning of us watching for a continued move lower. I was cautious, as we…