I don’t want to start a religious war here but clearly, in 2017, BitCoin has vastly outperformed Gold as my first chart shows. I am still very positive that Gold and the PM sector will have its time...
EUR/USD The EUR/USD pair had a very quiet session on Thursday, as we continue to see this market offer buyers underneath. With the speeches by both Janet Yellen and Mario Draghi during the day, it’s...
Short-term USDJPY Elliott wave view suggests that the decline from 7/11 peak is unfolding as a double three Elliott wave structure. The decline to 108.71 low ended Minor wave W and Minor wave X boun...
A senior Saudi official said on Thursday that his country is weighing the possibility of funding itself party in Chinese yuan, a move which would strengthen economic ties between the countries and giv...
The latest data that tracks job turnover shows that the voluntary quit rate has been rising steadily as the job market continues to improve. Economists tend to think that a rising quit rate is a sign ...
No, I am not talking about “Hurricane Harvey” which will likely be the first hurricane to strike the Texas coast since 2008, but rather the potential for another “debt ceiling” debacle bre...
Trading the News: U.S. Durable Goods Orders A 6.0% decline in orders for U.S. Durable Goods may prop up EUR/USD going into the end of the month as it dampens the outlook for growth and inflation. W...
The FT recently ran an article that states that “leading central banks now own a fifth of their governments’ total debt.” The figures are staggering. Without any recession or crisis, major centr...
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Written by SmallCapPower.com The U.S. small cap sto...
WTI Crude Oil The WTI Crude Oil market fell during the session on Thursday, reaching down towards the $47 level. However, there is a tropical storm that is changing over into a hurricane heading towar...