New Federal Reserve Chairman will Cause a Reaction in Forex Today I offer readers a ‘what if’ proposition ahead. These are my opinions and I am simply trying to give my perspective on what may happen in the Forex market in the coming hours.The Fed Press Conference later today will…
Fear of the Middle East Not the Main Motivator for the Nasdaq 100 After Friday’s selling surge and a fall of -4.77% with a close of 28,957.60, the Nasdaq 100 futures trading this morning has actually seen an increase and is near the 29,479.00 mark as of this writing before…
Profits: Optimistic Wagers and Preserving Self as the Party Rages New Federal Reserve Chairman Kevin Warsh certainly doesn’t want to have problems with President Trump. On the 17th of June the FOMC meeting via the Fed will make their interest rate decision known. Who really believes that during the first…
Being Mature Enough to Know You Don’t Know as You Watch the Marketplace Ask anyone that typically knows how they gauge the state of the global marketplace for the near-term and you are likely to either get a solid, “I have no idea” now. Or a bunch of thoughts on…
Mid-Term Technical Support and Lower Price Make Gold Interesting Gold has faced difficult speculative circumstances for traders with a bullish perspective since early February, this as the price of the commodity has fallen from highs. The price of the commodity is around $4,5220.00 for the moment, with its typical fast…
USD/ZAR Considerations as Water Flows and Political Concerns are Compared As a guest of South Africa (because of a personal relationship) and having been coming here frequently during the past four plus years it is easy to love the nation. Early last week a severe storm which brought high winds…
The Reliability of Optimism in the Marketplace Once again the world has not ended. The sun continues to rise and set on a daily basis and the world’s investment outlook remains towards an optimistic approach. Day traders should take this notion to heart and actually repeat it as a mantra…
Bank of Japan’s ‘Do As We Say’ A USD/JPY FX Advantage Technically Forex traders who have been keen on trying to venture wagers on the USD/JPY certainly cannot be faulted. As of this writing the USD/JPY is near the 157.720 vicinity, this after falling to lows around the 155.750 mark…
What If Everyone Is Looking At The Wrong Things About Iran? The current futures price for WTI Crude Oil is above $98.00. The cash price for the commodity is above $103.00. While many people continue to fret about what endgame strategy the U.S White House is conducting, what if we…
Preaching Caution and Looking Like a Fool to Those Who Want to Profit Can someone please tell the rest of us what is going on? Global markets via Forex this morning are demonstrating additional USD centric strength which developed yesterday. The price of WTI Crude Oil is above $94.00. Gold…
USD/INR Persistent Trajectory Remains in Force and Mid-Term Concerns As of this writing the USD/INR is within the 93.2000 vicinity. The price of Gold is around $4,810.00 and Silver close to 79.50. Importantly, WTI Crude Oil is trading around $89.25. Global markets have turned in solid performances the past two…
Desire to Gamble on Perceptions and Risk Management The markets have acted in a polite fashion as of early trading via Asian and European perspectives today. After this weekend’s proclamation that talks between the U.S and Iran didn’t attain an agreement, there probably weren’t many folks in financial institutions who…
