commodities

Lost in the noise of Friday’s hurricane-ridden US jobs report was another strong report from Canada. Canada is the miraculous nation, who has yet to witness a real-estate crash after emerging unscathed from the 2008-2009 market crisis. Its…
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In predicting the price of gold, most market observers look at the US dollar as a clue because it is the currency in which gold and most other commodities are priced, helping to explain the inverse relationship between the yellow metal and…
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The Canadian dollar is at it again The strongest currency among the top 10-traded currencies last year and again the strongest since the start of the 2nd half of 2017. Last week’s rate hike to 1.00% was the 2nd of the year, which reverses…
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The main question everyone asks nowadays is why are crude oil prices falling? Many traders are asking the same question over and over again, and so far, there is no logical answer for such question. If you are reading this article and you…
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Disturbing news are coming (again!) from North Korea, and that brings back the fears of the nuclear war. North Korea launched another ballistic rocket, which flew over Japan’s airspace and fell in the ocean. Such act by North Korea has led…
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Gold has been testing the 1300 barrier since the beginning of this year, with no clear break above that resistance so far. And now is the fourth time; so here comes the big question, is it the right time for gold to break that barrier? If…
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Last week, Crude Oil tumbled despite the huge decline in the US Crude Oil Inventories, which posted the biggest weekly decline since September of last year. Crude Oil prices ignored these figures and continued to decline further. Brent…
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Precious metals have been rising for the past few weeks on the back of multiple factors, including a notable rise in the geopolitical tensions around the world, especially those between North Korea, Venezuela, and the US. It has been a…
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Despite the lack of fundamentals during the Asian and the European sessions today, volatility seems to be picking up at the European session opening bell. The US Dollar is broadly lower across the board, leading safe haven assets higher,…
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It has been a bumpy ride for metals over the past few weeks. However, the general momentum remains positive on most time frames. Yet, metals need more catalysts to clear the way for further gains this year. Otherwise, they are going…
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