Rates as of 04:00 GMT Market Recap It’s hard to say whether there was a “risk-on” or “risk-off” market Friday. Rising US-China tension as Trump ordered…
Author BDSwiss
The week just ending has been dominated by two themes: the dollar going down and gold (and silver) going up. Many people say these two are…
Rates as of 04:00 GMT Market Recap We finally got the retracement in oil and CAD that I was expecting a few days ago, but with…
Rates as of 04:00 GMT Market Recap We’re more back to normal today: selling the dollar. Yesterday morning I was talking about EUR/USD’s struggle to stay…
Rates as of 04:00 GMT Market Recap Boy was I spectacularly wrong yesterday! This is why you want to trade with stops. As they say in…
Rates as of 04:00 GMT Market Recap Really calm day. One of the least volatile days I’ve seen recently. I shouldn’t be surprised though. This week…
Rates as of 04:00 GMT Market Recap Increasing tensions with China over TikTok, a rising virus count, downward revision in long-term credit outlook (from “stable” to…
As gold breaks through the $2,000 level and hits a record high, many traders are asking: has gold gone too far? The answer is that of…
Market Recap The dollar, as measured by the DXY index, fell to its lowest level since May 2018 on a slew of bad US news. Some…
After a 600pip move higher, the EUR could be ready for a break lower. Most technical indicators are in extreme overbought conditions showing potential risk to…