Just as the hype surrounding the next Bitcoin block reward halving has heated up, sparking claims that a bull reversal is inbound, a leading crypto analyst has come to play… Read more »
More buying ahead of Lunar New Year The seasonal tailwind for gold is blowing once again after a sideways chop for most of January. Gold is at the highs of… Read more »
Gold up $18 on the day Gold briefly rose to $1300.49 in a rally to the highest since June and a potential break above the recent range of consolidation. A… Read more »
Bloomberg News/Landov Fed Chairman Jerome Powell and his colleagues have stressed that they can be patient before moving interest rates any higher. Federal Reserve officials next week will… Read more »
USD/CAD is making a run for it as risk sours, oil slides The stars are aligning for a significant climb in USD/CAD to take place here. Yesterday, we had the… Read more »
Trades above November high The USDCAD has moved higher after the BOC decision and headlines. The price moved quickly higher and is trading above the November high at 1.33581. The… Read more »
USD/CAD rises to a high of 1.3324 on the day Yesterday’s high of 1.3328 is within reach now and a break above that will see price trade to its highest… Read more »
Stops taken out, quick move lower ForexLive Blink and you miss it. We’re at 1.1269 now. As mentioned earlier, on days like these, markets tend to be a little jumpy… Read more »
DXY breaks the August high The US Dollar Index edged above the August high and above 97.00 to the highest since June 2017. Technically, it’s a break if you believe… Read more »
USD/CNY risk reversals hit highest since June 2016, meaning the value of CNY puts has hit 28-month highs. The increased value of CNY puts adds credence to the bullish setup… Read more »