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Why Gasoline Prices Fall In The Fall

Why Gasoline Prices Fall In The Fall

Gasoline prices are on the way down, and I am seeing a lot of chatter from people who are convinced this is political. After all, we are headed into an election year, and lower gasoline prices certainly help politicians get reelected.FreepikBut that’s not why prices are falling. Right now, oil prices are falling, and that […]
Silver Forecast: Sees Buyers On Dips

Silver Forecast: Sees Buyers On Dips

The upcoming focal point for market participants is likely to be the forthcoming jobs report scheduled for release next Friday.  Silver remained relatively subdued during the trading session on Thursday, with traders contending with diminished liquidity due to the Thanksgiving holiday. It’s pertinent to acknowledge that the quiet market conditions are set to persist, as the […]
Gold Hits $2,013 And Sets A 6-Month High As The US Dollar Retreats

Gold Hits $2,013 And Sets A 6-Month High As The US Dollar Retreats

Image Source: Pixabay  Gold rose to a 6-month high on Monday after recent upbeat economic data weakened the US dollar. The price of gold edged higher to $2,013 on Monday – marking its highest point in six months. The upswing represents the latest extension in the bullion’s recent uptrend, driven by growing convictions that the Federal Reserve (Fed) will […]
EUR/USD Outlook: Euro Holds Firm After Friday’s Surge

EUR/USD Outlook: Euro Holds Firm After Friday’s Surge

The EUR/USD outlook paints a bullish picture at the start of a new week as the euro holds steady, building on the momentum from Friday’s surge amid a weakened dollar. The dollar’s decline followed a mixed PMI report, creating an optimistic landscape for the Euro against the USD.Notably, S&P Global reported a modest rise in […]
This Week: EURUSD Traders Await ECB Inflation Reading

This Week: EURUSD Traders Await ECB Inflation Reading

The world’s most-traded FX pair has rebounded since the start of October, now back above its 200-day simple moving average.Bloomberg’s FX forecast model predicts a 75% chance that EURUSD will trade between 1.0848 and 1.1061, with bulls surely eyeing the psychological 1.10 handle once more. Although the implied one-week volatility for this currency pair is […]
What To Do If You Own A Stock Subject To A Short Attack

What To Do If You Own A Stock Subject To A Short Attack

A few weeks ago, one of my Dividend Hunter recommended stocks was the target of a short attack press release. The company has a stable, profitable business. The small market cap becomes the main appeal to short sellers, making it easier to manipulate the share price.Here’s how to tell if the short attack is legitimate – and […]
Gold Price Forecast: XAU/USD Hovers Above $2,010 On Weaker US Dollar

Gold Price Forecast: XAU/USD Hovers Above $2,010 On Weaker US Dollar

 Image Source: Unsplash   Gold price extends gains as investors take caution ahead of the skew of US data. China’s industrial profits declined by 7.8% could dampen the positive sentiment arising from the PBoC stimulus measures. Fed officials mentioned closely monitoring incoming data before making policy decisions. Gold price maintains its position above $2,010 per troy ounce […]
GBP Commentary On Monday, November 27

GBP Commentary On Monday, November 27

 Photo by John McArthur on Unsplash GBP Moving HigherGBPUSD continues higher on Monday as the rally off the November lows extends to almost 4%. Weakness in USD has been a big driver of the move higher we’ve seen in recent weeks. With traders scaling back their Fed tightening expectations and now looking for the Fed to […]
The Inflow Of Funds Into Global Funds Indicates That Investors Expect Further Growth Of Indices

The Inflow Of Funds Into Global Funds Indicates That Investors Expect Further Growth Of Indices

Image Source: Unsplash  At the close of the stock market on Friday, the Dow Jones Index (US30) increased by 0.33% (+1.22% for the week), while the S&P 500 Index (US500) added 0.06% (+1.10% for the week). The Nasdaq Technology Index (US100) closed Friday negative by 0.11% (+1.06% for the week).Economic news from the US had a negative impact on the dollar on Friday after S&P reported […]
Oil Falls Below $75.00, While Natural Gas Slips Below $2.75 
                    
 

Oil Falls Below $75.00, While Natural Gas Slips Below $2.75  

Oil falls below $75.00, while Natural Gas slips below $2.75 During the Asian fattening session, oil prices continued to retreat, forming a low at $74.64. The price of natural gas continues to retreat this week. FreepikOil chart analysisDuring the Asian fattening session, oil prices continued to retreat, forming a low at $74.64. We got support […]