USD/CAD is making a solid intraday recovery as demand for the USD continues to grow strongly. Safe haven for recovering US bonds and rising risk-free momentum. Positive oil prices could…
The Golden Bulls are definitely having a moment. In early December, as always, I highlighted the seasonal trend towards higher gold. Again it worked and continues to be the best…
While analysts at Rabobank predict that the DXY may end the year slightly lower, they expect 2023 to offer plenty of opportunities for USD bulls to join. They maintain the…
GBP/USD rallied sharply near 1.50% on disappointing US ISM data. Hawkish Fed call failed to weigh on GBP/USD. Next week’s economic calendar includes reports on GDP and US CPI. ,…
The Bitcoin chart is still a horizontal straight line with several up and down ripples over the past five weeks. The price is holding close to $16,8,000 as the intraday…
It’s been a busy week, and one thing I missed was a report from the research department of the Philadelphia Fed that questioned non-farm payrolls. The report focuses on the…
Bitcoin fell the most in 3.5 weeks on Thursday amid sharp declines in stock indexes and a strengthening US dollar. BTC rebounded to $17. ,000, losing 1.3% overnight. Ethereum at…
According to analysts at MUFG Bank, the Indian rupee is likely to depreciate moderately due to an imminent strengthening of the US dollar. They forecast USD/INR at 82,300 by the…
With 30 minutes left in US trading, the major indexes are mixed with gains in the Dow Industrial Average and the S&P is almost flat on the NASDAQ, falling. The…
In addition to all this, we also have to worry about whether a global slowdown will happen or not, and if it does happen, many people will run to the…