When the dollar weakens, hard assets rise, living costs rise, and eventually interest rates rise, households feel the pain last, but most. The FED held interest rates steady. Gold and Silver are up sharply. The Dollar is Down. Why Trump might want a weaker Dollar. How a weaker Dollar affects you. The Big Picture on the Dollar, Gold & Silver.
FED Holds Steady- Dollar Declines Read More »
At their 2023 summit in South Africa, BRICS countries committed to study the feasibility of a new common currency. Russia is especially interested in alternatives to the Dollar since his invasion of the Ukraine resulted in the Dollar, SWIFT, and international finance was used as a weapon against Russia. In today’s article Daniel Lascalle looks at the viability of an alternative BRICS currency.
Will a New BRICS Currency Dethrone the U.S. Dollar? Read More »
To say that the past year has been an extraordinary period for the global oil market would be an understatement. Entering into 2020, the commodity was still feeling the impact of the late 2019 drone attack on a Saudi Aramco oil processing facility. In early 2020, oil prices were highly volatile in the aftermath of the killing of Iran’s Qasem Soleimani.
Oil Demand Impacts Foreign Exchange Rates Read More »
Help Wanted MI5- Work Location- Classified, Job Description- Classified, Skills Needed- Classified, Tools Needed- Classified … Apply Now A government department is advertising for a Head of Health and Safety according to Moneycorp that department is the Security Service, otherwise known as MI5. The ad on the department’s website is not the most informative ever.
The MI-5 Guide to Foreign Exchange Risk Read More »
There are so many different investment instruments available today that it can be difficult to determine which is right for you. If you only have a small amount of investment capital that you are using as a means to get your “feet wet” in the investment marketplace, the decision can be daunting. This is why
Currency Trading – An Increasingly Popular Investment Option Read More »
Forex trading is mainly considered an over the counter financial market, aka. “off-exchange trading” this means that trades are conducted directly between two parties. This is contrasted with exchange trading, which occurs via facilities constructed for the purpose of trading (i.e. exchanges), such as futures exchanges or stock exchanges. The Forex exchange market is responsible for determining the relative
Basic Facts of Forex Trading Read More »
Forex Currency Markets You may think trading in the in Forex Currency Markets is an entirely different ball game than trading in the stock market. But, they both rely on many of the same rules. The same two principles still apply. Whether you’re trading in stocks or currencies, both technical and fundamental analysis still applies.
Forex Currency Markets- Key Factors Read More »
Editor’s Note: It is always a good idea to look at charts one or more levels bigger than the time frame that you are trading. If you are trading short term (scalping) minute by minute look at the hourly and daily charts. If you are day trading by the hour look at the daily
Determining Currency Trends in the Forex Market Read More »
If you are a trader and if you don’t know how to read candlestick charts, you are missing a lot of profitable trades. Candlestick charting is a must tool in the arsenal of any trader. No matter what you trade whether it is stocks, forex, futures, options or whatever, you need to master candlestick charts
Candlestick Patterns Read More »
By Adam Hewison Legendary hedge fund trader George Soros made $1 billion dollars in the British Pound shortly after my book on foreign exchange was published. Coincidence? Maybe, but you decide. Hello, my name is Adam Hewison and 20 years ago when my book “RIGHT ON THE MONEY: The definitive guide to forecasting foreign exchange
