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Navigating The US Dollar’s Roller Coaster 
                    
 
 
 

Navigating The US Dollar’s Roller Coaster      

In the unpredictable realm of global finance, the US dollar, a cornerstone of international trade, is currently experiencing significant fluctuations. Traders worldwide are closely monitoring its movements, especially the recent dip against major currencies.FreepikThis article delves into the reasons behind the dollar’s descent, focusing on strategies to secure the best rate for US dollars and analyzing […]
Expect More Oil Consumption In 2024 Led By China

Expect More Oil Consumption In 2024 Led By China

There is still no end in sight for China’s dependence on oil despite its global leadership in EVs. The revision from 2017 and 2024 of up to 130 million tonnes equals to ~2.6 million barrels a day (give or take, depending on the multiple used to translate tonnes into barrels — but in any case, […]
Silver Forecast: Works Around The $24 Level 
                    
 

Silver Forecast: Works Around The $24 Level  

Freepik Silver has been experiencing significant price fluctuations lately, displaying considerable volatility. This heightened market activity has drawn the attention of many, and it appears likely that silver will continue its upward trend, driven by specific factors. However, it is also worth noting that silver tends to be a wild market at times, and therefore caution […]
Chart Of The Day: PTC – Great Software Play

Chart Of The Day: PTC – Great Software Play

Image Source: Pixabay  The Chart of the Day belongs to the software developer PTC (PTC). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent […]
Forex Today: End Of Year Stock Rally Continues

Forex Today: End Of Year Stock Rally Continues

Freepik The year-end risk-on rally continues to strongly drive markets, with most stock markets performing well and some major indices such as the Nasdaq 100 Index making new record highs. The benchmark US S&P 500 Index is also very close to a new all-time high price. Markets are firmly in risk-on mode making this a great time for traders to […]
USD/CHF Remains Steady Near Multi-Year Lows After US Jobless Claims

USD/CHF Remains Steady Near Multi-Year Lows After US Jobless Claims

 Image Source: Unsplash   The Dollar remains practically unaffected by higher-than-expected US Jobless Claims data The higher claims increase the odds of rate cuts in early 2024. Later today, the US Pending Home Sales might give some support to the US Dollar. The impact on the Dollar of the higher than expected US Jobless Claims in […]
Gen Alpha Will Tire Of Living Online

Gen Alpha Will Tire Of Living Online

For all the changes that technology has brought about, one thing will stay the same in 2024. Generation Alpha, kids born in the 2010s, are going to want to be “different” from their parents. For them, that means spending less time online. For companies counting on their data, that means life is about to get […]
S&P 500 Crawls Higher, But Will Bulls Win The Next Round?

S&P 500 Crawls Higher, But Will Bulls Win The Next Round?

Stock prices slightly extended their uptrend, but is holding a long position still justified?The S&P 500 index reached yet another new local high yesterday, briefly surpassing the 4,785 level. Recently, it retraced all of last Wednesday’s sell-off, and yesterday, it was the highest since early January 2022, coming in less than 20 points below the […]
Continuing Jobless Claims Hover Near Two-Year Highs At End 2023

Continuing Jobless Claims Hover Near Two-Year Highs At End 2023

The number of Americans filing for jobless benefits for the first time rose from 206k to 218k in the week ending 12/23 (just off 2023 lows)…Source: BloombergContinuing claims rose modestly from 1.861 million Americans to 1.875 million (still below the 1.9mm Maginot Line, but basically at the highest in two years)…Source: BloombergAdditionally, Goldman believes that persistent […]
3 Goldman Sachs Mutual Funds To Boost Your Portfolio

3 Goldman Sachs Mutual Funds To Boost Your Portfolio

Image Source: Unsplash  Goldman Sachs Asset Management (GSAM) is a world-renowned company that has been providing investment management, portfolio design, and advisory services to individual and institutional investors worldwide since 1988. Its strategies span asset classes, industries, and geographies. As of Jun 30, 2022, GSAM had $1.82 trillion in assets under supervision worldwide.The fund has more […]