GBPUSD Rate Touched Pre-Brexit Levels and Begins To Fall - April 18, 2018 19:18

The early weeks gains have begun to fade for GBPUSD. After an indifferent start to 2018 cable finally found it’s mojo again in mid March to continue the climb from the horrendous lows of 2017. Last week seen the GBPUSD rate close positive every day, and Monday began with a follow through until in early […]

Trump Tweets About Russia and Gold Prices Fly - April 11, 2018 17:21

Since the beginning of 2018 Gold prices have been stuck in a range between $1300 and $1350. Each time the support or resistance of this range was hit then price sharply reversed to the other side. However today we have seen a huge daily move in the price. Flying high to $1365 at the time […]

Gold Prices Jump On Further Rate Increase and Forward Guidance - March 22, 2018 10:19

Gold prices jumped $30 from the lows after the FOMC rate increase of 25 basis points. Along with what was a largely expected rate hike, the Fed hinted that rate increases may continue in a steep upward curve over the next few years. Alongside the hike came comments that the Fed intended to sound hawkish […]

Crypto Markets Crumble But Don’t Be Fooled - March 19, 2018 0:16

So it seems the haters were correct. The crypto market bubble did actually burst. Back in late 2017 some famous faces chipped in their opinions on the magnificent rally that crypto was making. Luminaries such as Jordan Belfort declared Bitcoin’s price a bubble, Warren Buffett said he was almost certain it would end badly. These […]

Gold Stuck In Rut – For How Long? - March 17, 2018 1:11

The first quarter of 2018 has given very little excitement to those who trade Gold. Prices have been range bound in a tight area around the highs of the early 2016 rally. There’s some resistance up here, and it seems like the price is waiting for a catalyst to decide what happens next. It’s entirely […]

Ibex Rally Continues After Weekend News On Catalan Region - October 31, 2017 12:17

The Spanish Ibex index has made some incredibly strong moves since Monday. After the announcement by the Madrid government to remove the power of the Catalan leaders which held the “illegal” referendum on independence. From a close down below 10,200 on Friday the Ibex index has moved steadily higher to near 10,600 in early trade […]

Dow Jones Stumbles and Reverses on Fed Unchanged Interest Rate - September 21, 2017 11:02

The US federal reserve released their quarterly interest rate decision in the United States. They left rates on hold for the next period but hinted at a rate hike maybe on the cards before the end of this year. Once again the Federal Reserve suggested that interest rates are due to rise again. Even though […]

CAD: Canadian Dollar Strength and US Dollar Weakness - September 7, 2017 11:04

On the foreign exchange market Wednesday things began slowly. Mixed moves from the major currencies meant choppy trade until data from the West arrived. Things became more volatile as the Bank of Canada (BoC) moved rates by 0.25 to 1%. This sparked some life into the Canadian Dollar, and in turn its US cousin. A […]

Mining Sector Shares – Fresnillo, Kaz Minerals and AAL - July 11, 2017 9:52

After a torrid time during 2014 and 2015, stocks in the mining sector made some good recoveries during 2016 and early 2017. Some spectacular gains were made by the major players, even the juniors and small caps got in on the action. Then came spring 2017, and those stars of 2016 began to fall once […]