USD/CAD remains below 1.3700
The USD/CAD pair is seeing some buying around the 1.3650 region on Tuesday and has maintained its modest intraday gains into the early part of the European session. However, prices…
USD/CHF rebound approaches 0.9300
The USD/CHF currency pair is rising during Tuesday morning trading in Europe, extending its gains from the previous day. This is the first time the pair has risen in three…
Possibility of a Minsky moment in markets increased.
In a note released on Monday, JPMorgan’s Marko Kolanovic warned that the likelihood of a so-called Minsky moment – a sudden collapse in asset prices after a period of speculative…
USD/JPY Price Analysis
The USD/JPY pair renewed its intraday high near 131.70 on Tuesday, bouncing off the lowest levels in five weeks and poking a one-week-old resistance line. The MACD signals suggest that…
The dollar edged higher as safe haven demand increased ahead of a key.
The U.S. dollar was slightly higher in early European trading on Monday, as investors turned to safe havens amid the ongoing banking crisis and ahead of this week’s Federal Reserve…
European stocks down; banking sector get hit after Swiss consolidation
The European stock market took a sharp dive Monday, with banks being particularly hard-hit in the wake of the consolidation of the two Swiss banking giants, UBS and Credit Suisse.…
Gold coins are worth more in 11 months.
I just looked at the prices of gold today, and they’re higher than they were a few months ago. For the first time ever, I can’t remember the last time…
EUR-USD Advance Beyond 1.0700, Investors Await FOMC Verdict
On Monday, traders were betting that the Federal Reserve would raise rates at a slower pace, so the EUR/USD pair (which measures the value of the euro against the U.S.…
Gold record high after topping $2,000 an ounce.
Gold prices surged to record highs in some currencies on Monday, as investors sought refuge in the safe-haven asset amid turmoil in the banking sector. Gold prices also neared all-time…
US banking system is in severe crisis of confidence.
The news cycle has been moving quickly from one major issue to another. The banking crisis is still prominent, and there are many other stories to take care of. Americans…