Trading Opportunities

Biden’s wealth tax and renewable energy plan moving markets

Two major announcements coming from the Biden administration have had a significant effect on Thursday trading. The first announcement, centered on the US’s renewed focus on clean energy, had a hard time countering the second announcement, regarding a hike in...

Canadian Dollar strengthens against partners after statements from Central Bank

On Wednesday, 22/04, the Canadian Central Bank advised that it was to lower the value of its weekly bond purchases. The move, necessary due to the Canadian economy making strides toward its recovery, will be implemented next week. The Canadian...

The last week in Crypto: Doge eclipses news of BTC and ETH record highs

Dogecoin's run up to US$0.40 last Friday, eclipsed awareness of the record prices achieved across the crypto landscape. Bitcoin hit ~US$63K while Ethereum hit ~US$2.5K but did not have the same run-up to the new milestones that Dogecoin had. Dogecoin...

GameStop Squeeze: The Mother Of All Short Squeezes And Her Many Potential Offspring

The Mother Of All Short Squeezes (MOASS) is how the short squeeze of GameStop Inc (NYSE: GME) is being referred. If the squeeze eventuates as speculated, with shares selling for prices exponentially higher than where is currently is sitting, then...

Will the Sterling lose some shine this week?

Time to turn your attention to the GBP. This week is a monster week for the UK, with several very important reports set to be released. The most important reports to watch out for are the Claimant Count Rate, Gfk’s...

USD index range possibly narrowing in near term

The USD index is currently ranging in between 90.0 and 93.0 and has been for the past six months. Moving forward, the adequate economic data coming from the US should help the weak Dollar regain some of its status, but...

Is this the new normal? Or is it a bubble?

Were finance and economics ever more interesting than it is right now? I dare say we are in unprecedented times. Is this the new normal?...

What gold traders should be watching this week

Gold traders be aware: The price of gold is going to be dependent on two significant calendar events coming from the US the next four days....

Coinbase listing on the Nasdaq: Boosting crypto’s legitimacy and price

Coinbase's listing on the Nasdaq this Wednesday is another big step promoting the adoption of crypto, pushing it further into the mainstream....
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