Trading Opportunities

How Far Can Gold Go?

When we last looked at gold at the beginning of the month, it had hit a brief dip coinciding with the NFP release, but since then has come back with a vengeance, reaching further and further heights....

Fresh Downside for the Kiwi Dollar

The Kiwi dollar is on the downside once again, as after it peaked at 0.63950 cents against the US Dollar, it then managed to plummet down almost 1% to 0.63630 in the course of just one hour. During the rest...

Euro Still Dropping, Gold Still Rising

The Euro only continues to drop lower and lower. When we looked at the EUR/USD pair on the 7th, it was at a 4-month low. When we revisited it just under a week ago, it had managed to hit a...

Nikkei 225 Drops Amidst Fears of Japan Recession

The Nikkei, or Japanese Stock Market Index, is down 1.6% after a fall of 330 points, marking a fourth straight day of losses. The most obvious factor affecting this is the continuing fears of the coronavirus, which is affected all...

Will the Coronavirus Cause an Economic Recession?

As news regarding the coronavirus continues to worsen, at which point should we consider the fact that a global economic recession is a possibility?...

Shocking News of UK Chancellor Resignation Leads to Spike in GBP/JPY

In a surprising move for the British government, it has been revealed that Chancellor of the Exchequer Sajid Javid has resigned after he refused Prime Minister Boris Johnson’s order to fire five of his senior aides. He has been replaced...

EUR/USD’s Continued Fall Linked to Opportunistic Rise in Carry Trading

When we last looked at the EUR/USD, it was at a 4-month low, and since then it has continued to fall. Over the past few days the Euro was at its lowest at 1.08660 against the US dollar, a low...

AUD/USD At Decade Low

Following a brief recovery from its dip at the end of last month as fears concerning the coronavirus alleviated somewhat, the Australian dollar has since reached a decade low in the wake of the NFP release on Friday....

ADP Release Leads to EUR/USD Hitting 4-Month Low

As we come to the end of the week and approach the biggest trading day of the month, aka the Non-farm payroll (NFP) release in less than 24 hours, investors seem to be pricing in a stronger US dollar ahead...
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