CADJPY continues its run higher after the BOJ decision to keep its massive stimulus program untouched. The bank warned of risks to economic recovery from the Russia-Ukraine war and confirmed…Read More

Precious metals rallied as the Fed didn’t hike the rates more than 0.25% and there were no indications in Powell’s speech that the Fed would hike 0.5% in May. This…Read More

At the time of writing this, stocks are strong which doesn’t support the idea of going long in precious metals. However, DAX is trading near to resistance levels and therefore…Read More

Investors are getting worried about the first interest rate hike in the US in three years on top of the worries related to the Ukraine war. Market operators are probably…Read More

Global stock markets have been edging higher on the news that there has been some progress on peace talks over the Russia-Ukraine war. According to the Ukrainian negotiators, their Russian…Read More

Russia has called a U.N. Security Council meeting to discuss what it called “the military biological activities of the US on the territory of Ukraine”.  According to MSN.com, the Biden…Read More

We saw big reversals in oil, gold and Dax yesterday as traders got excited about prospects for peace. Zelensky’s willingness to concede to Russian demands prompted traders to sell oil…Read More

Even though higher fuel prices are likely to slow down economic growth in the US, President Biden banned all imports of Russian oil and other energy products. The move has…Read More

Gold has now rallied over 100 dollars since the bounce from my 1910 – 1916 support range! I highlighted this area last week Wednesday. My prediction for a price rally…Read More

US Non-Farm Payrolls came were confirmed at 678K after the analyst consensus had put the number at 407K. This time the indications from ADP and the Markit composite PMI indications…Read More