• Uncategorized

    Copper Poised to Move Higher as Market Dismisses Virus Concerns

    People generally think that copper is an element that you only see in old copper coins, and this assumption makes them think that the price of copper will decline if the market turns against it. The opposite happens in the case of copper, which is a well-understood element that can hold its value. However, the world is facing the biggest economic crisis since the Great Depression, and not just because there is a war going on somewhere. There are several elements involved, but none more serious than the latest outbreak of the cyber-virus known as the “WannaCry” virus. Any business that wants to succeed will need a comprehensive program that…

  • Uncategorized

    EUR/USD Rally In Danger Despite Fresh Stimulus Injection

    EUR/USD Rally In Danger Despite Fresh Stimulus Injection May Be The Beginning Of A New Beginning. But Will It Be Enough? As the political, economic and social forces in the Western world continue to converge on a closer alignment, markets tend to follow the dictates of common sense, common reason and common human nature. As long as governments and central banks around the world continue to artificially prop up their currency values, the market will “continue” to strengthen. If the current monetary policy environments remain firmly entrenched, there may be more of an opportunity for investors and traders to make gains. The European recession is an unfortunate confluence of factors.…

  • Uncategorized

    USD/MXN Outlook: Profit-Taking, FOMC and More Real-Time Economic Data

    It’s quite obvious the USD/MXN Exchange Rate, Forex, and FX rates will be moving up and down. The question is, how much, and how much will it move in the near term? After analyzing the January 2020 Forex data in the U.S., it looks like there are only two scenarios for the U.S. currency. The choice could come down to one of two things. In either scenario, I believe there will be some significant volatility in the U.S. currency going forward, as well as other currencies around the world. One, the Federal Reserve continues their rate hike path, or two, the European Central Bank offers new stimulus to their own…

  • Uncategorized

    Crude Oil Risks Falling with OPEC Meeting in Doubt

    An oil price plummeting because of a decision by OPEC to cut production can create a crisis in the United States if the West loses out. Instead of having the effect of creating an abundance of supply, it may instead result in a shortage. It may also create a sense of panic that will force prices to rise in order to recover production levels. When crude oil prices are falling due to OPEC meetings, this is called a supply/demand imbalance. In other words, there is more supply than demand. The North American and Western European nations that rely on OPEC for their oil exports to feel the effects as they…