Silver Price Forecast: Rebound Tests Downtrend from Yearly High – Levels for XAG/USD
Bond yields have steadied, stocks are climbing, and the US Dollar is down – has a window opened for silver prices to rally?
Crude Oil Price Outlook: Crude Crafts Range, Eyes Confluent Resistance
Crude oil prices have moved from a strong bullish trend into a fairly consistent range. But are bulls done or merely taking a break following an extended run?
British Pound Technical Forecast: Sterling Recovery on the Ropes
Sterling looks vulnerable as last week’s rebound approaches technical resistance. Here are the levels that matter on the GBP/USD weekly chart.
FTSE 100 Technical Analysis: Choppy Upward Trend May Pick up Momentum
The FTSE has been chopping its way higher, but may soon find more momentum; resistance over 7000 targeted on rally.
FX Hedging: Mitigating risks of exposure to foreign currencies
If currency swings are a part of every trade, and treasurers need to continue trading as part of their workflow, how can they mitigate the impact of FX risk on their operations before they even occur?
Electricity, internet, Bitcoin, digitalization, Dollar dominance
Bitcoin adoption has become more sudden than gradual and is likely to accelerate, as we see it, underpinning its price for the foreseeable future and magnifying the dollar’s dominance as the reserve currency.
UKs PM hopeful foreign travel can resume from May 17
U.K. Prime Minister Boris Johnson said Monday it is too soon to make a decision on foreign travel but is hopeful it could resume as early as May 17 But I do not wish to give hostages to fortune, or to underestimate the difficulties we are seeing in some of the destination countries that people […]
Tim Cook Drops Some Hints Regarding Apples Car Plans
Apple CEO Tim Cook hinted at the companys work in autonomous vehicles, following recent reports that the company is in renewed talks to develop its own car. The autonomy itself is a core technology, in my view. If you sort of step back, the car, in a lot of ways, is a robot. An autonomous […]
Tesla Shares Jump as much as 7 after Q1 Sales Surge
Tesla shares moved higher on Monday, as investors cheered production and delivery figures that broadly beat expectations. The stock gained as much as 7 during early trading. At noon on Wall Street shares were 5.3 higher. Tesla on Friday reported that it delivered 184,800 vehicles and produced 180,338 cars in the first quarter of 2021. […]
Turkish Lira Hurt by High Inflation; other Currencies Gain
April 6 Reuters Turkeys lira dipped on Tuesday as annual inflation neared twoyear highs, while an index of emergingmarket currencies rose to a twoweek high as pressure from the dollar and U.S. Treasury yields appeared to ease. The lira fell as much as 0.7 to the dollar after marking large swings over the past few […]