At least eight people have died after Hurricane Irma ravaged Caribbean islands, including Saint Martin and Barbuda. More than 1 million residents of Puerto Rico were left without power but the Category 5 storm stayed just out to sea before moving towards the Dominican Republic early Thursday. Hurricane Irma is expected to hit Florida on Sunday. […]
Author Archive | Dan Blystone
Gold pushed through well defined horizontal resistance to trade above the major psychological level of $1,300 an ounce in early trading on Friday.
Dovish FOMC minutes released on Wednesday put pressure on the US dollar and boosted gold closer to the $1,300 level now watched by many analysts.
In this article we’ll cover correlations in the currency markets and how an understanding of these relationships can help you diversify, hedge and develop trading strategies.