Category: Forex news

Canadian Dollar Sank with Crude Oil as Health Care Steered Wall Street

Canadian Dollar Sank with Crude Oil as Health Care Steered Wall Street

As health care became more important to business, the U.S. dollar weakened against the Canadian dollar. In Canada, which has universal healthcare, the Canadian dollar has strengthened against the U.S. dollar in the wake of U.S. economic turmoil. Why has this nation’s currency changed direction? Why has the Canadian dollar strengthened against the U.S. dollar? […]

Gold Prices Rise As Coronavirus Stimulus Curbs Cash-Out Impulse

Gold Prices Rise As Coronavirus Stimulus Curbs Cash-Out Impulse

The government’s efforts to tackle the growing epidemic of Coronavirus have been met with a boost in gold prices. The Coronavirus is an airborne pathogen that is suspected to be the cause of a major outbreak of paralysis cases in America. While the US Centers for Disease Control has yet to determine what is causing […]

Stocks Suffer Second Largest Decline in History as VIX Extends Higher

Stocks Suffer Second Largest Decline in History as VIX Extends Higher

You may be thinking that it’s too early to start worrying about a new decline in the stock market because of the recent decline in stocks, but you’d be wrong. Stocks suffer second largest decline in history as VIX extends higher. I have been saying for some time now that this time is going to […]

How to Trade the Impact of Politics on Global Financial Markets

How to Trade the Impact of Politics on Global Financial Markets

Is there any truth to the belief that, because the economy is getting worse, we are in danger of a decline in global financial markets? I would have to say no. You see, although it is impossible to be certain about how the overall state of the global financial markets will change in the near […]

S&P500 Outlook Vulnerable as Risk Barometer Drops, Volatility Jump Possible

S&P500 Outlook Vulnerable as Risk Barometer Drops, Volatility Jump Possible

Having a look at the S&P500’s Outlook and Volatility Ratings as it is currently experiencing a long period of low volatility in the market, it is clear that Volatility is about to start rising again – a long overdue recovery. Since this is happening, the possibility of additional short term price movements like rallies are […]

Swiss Franc, Gold Up As Trump Coronavirus Speech Fails To Reassure

Swiss Franc, Gold Up As Trump Coronavirus Speech Fails To Reassure

In the wake of Donald Trump’s failure to make any sense at his very first foreign policy speech, on the subject of defending American interests, gold and Swiss Franc have taken center stage. People are nervous about what the world economy will look like after Trump’s speech. But that doesn’t mean they’re less worried about […]

Australian Dollar Outlook May Deepen Bearish, AUD/USD Clears Support

Australian Dollar Outlook May Deepen Bearish, AUD/USD Clears Support

This Friday could be quite interesting, considering that the Australian Dollar Outlook May Deepen Bearish, AUD/USD Clears Support at $1.00. As I write this, it is early in the morning in Sydney and we are just about to open for the weekend. The US Dollar has been strengthening lately, on the back of aggressive rate […]

US Dollar Lifts on Strong Inflation Data

US Dollar Lifts on Strong Inflation Data

Germany has struggled to push through with its fiscal consolidation measures, but the country’s economy has been performing better than most other eurozone countries. For those who want to understand why the government has struggled so much, here are four important reasons why the Euro Hangs On After Tough Week As German 4Q GDP Growth […]

Crude Oil Price Slumps 22% This Year Into Bear Market Territory

Crude Oil Price Slumps 22% This Year Into Bear Market Territory

Prices of Crude Oil have plunged this year from more than $100 per barrel to less than $30. This is a huge shock for the market as prices were supposed to remain higher at all times. The reason for this startling fall is that all the countries of the world are adding more storage facilities […]

Swiss Franc Likely to Stay Strong Despite Best SNB Efforts

Swiss Franc Likely to Stay Strong Despite Best SNB Efforts

The Swiss Franc has been one of the strongest currencies worldwide, due to its strength and role as a store of value. But, it is possible that the Swiss Franc could become an official national currency soon and change our financial world forever. That could happen because of two factors. Firstly, it will be one […]