A New Dollar View And Talking My Book…
Below is a chart with Black Swan’s new wave view [aka best guess] on the future path of the US dollar.
Read MoreForex and Crypto for Beginners
Below is a chart with Black Swan’s new wave view [aka best guess] on the future path of the US dollar.
Read MoreDollar correction in full bloom and gold bouncing accordingly…shorter term players may consider playing these moves…
Read MoreIf you look at the near-term price action of the Canadian dollar (CAD) and Norwegian krone (NOK) and assume these two currencies tend to move in tandem with oil prices, it might suggest oil is about to head south, despite the vaunted agreement to control production.
Read MoreOur subscribers in our forex trading service are short EUR/USD. We’ve been sitting on this position since the 26th of September.
Read MoreWe know there has been a massive stretch for yield among global investors. The emerging market (EM) bonds has benefited from this phenomenon.
Read MoreWe are now short on Friday’s close at 126.84; looking for a trade to 115.20. A move to 133.69 represents key resistance; we have witnessed declining momentum into the recent rally high (divergence), suggesting the five-wave rally to A may be complete.
Read MoreGiven that Janet & Company sounded so “hawkish” when they were sipping wine and eating cheese in Jackson Hole, reporters at the recent Fed press conference asked if waiting till after the election to hike rates might be politically motivated.
Read MoreAfter the Bank of Japan (BOJ) did what it did, a boatload of economics Ph.D. descended on the airwaves and internet blogs this morning to share their usual inside baseball stuff in an effort to explain the “bold” move by the Bank of Japan—targeting the yield curve.
Read MoreThere seems to be a lot of confusion about the US dollar reserve currency status. The biggest fallacy is the belief the US $’s reserve status bestows some great benefits on the US economy.
Read MoreThere are lots of decent rationales to suggest why oil prices have bottomed. Rising prices for Permian Basin drilling properties would be one.
Read MoreThe only limits on human achievement are self-imposed.Dennis Waitley