Gold Falls to 7 Month Low As Dollar Firms on Rate Outlook

Gold sank to its lowest levels since December 11th of 2017 in early trading on Thursday. The yellow metal has been pressured by the hawkish stance of the Federal Reserve, a strong US dollar and a robust U.S. economy. On Tuesday the Trump administration announced a list of tariffs of 10 percent on $200 billion … Read more

USD/JPY Rallies to 6 Month Highs on Strong Inflation Data

The U.S. dollar continued to strengthen against the Japanese yen in early trading on Thursday, reaching fresh six month highs. On Wednesday USD/JPY rallied above the key psychological level of 112 for the first time since January 10th. USD/JPY was boosted by Wednesday’s better than expected U.S. inflation data, increasing the probability that the Federal … Read more

Gold Falls and Dollar Firms Amid Trade War Fears

Daily gold chart with US Dollar overlay On Tuesday the Trump administration announced a list of tariffs of 10 percent on $200 billion in Chinese goods, escalating the trade war between the world’s two largest economies. “For over a year, the Trump Administration has patiently urged China to stop its unfair practices, open its market, … Read more

Tim Racette: Daytrading the Futures Markets

Trader Tim of EminiMind.com walks you through how to use 3 key tools for day trading the futures markets. In this presentation you will learn: – How to use these 3 key tools for day trading – How to identify a high quality setup – How to enter, manage, and exit a trade from start … Read more

Bitcoin Hovers at Recent Lows Amid Tax Related Selling

Bitcoin prices fell below $7,000 on Monday ahead of the looming April 17th U.S. tax-filing deadline. Analysts speculate that U.S. households likely owe billions of dollars in capital gains taxes for their cryptocurrency holdings and that investors are selling in order to meet their tax liabilities. Bitcoin prices have fallen more than 27% over the … Read more