Trading Opportunities

NASDAQ sits above 11,000 after Trump TikTok Ban

NASDAQ is up 1% fueled by President Donald Trump issuing an executive order banning U.S. residents from doing business with Chinese owned TikTok and WeChat 45 days from now....

Gold swiftly shoots past $2,000

Gold finally shoots past $2,000 with geopolitical risk, the coronavirus pandemic, and the recent explosions at Beirut proving to be great tailwinds pushing the metal past the significant psychological level. However, many think it still has legs to run....

New Zealand dollar push to 70c?

As the dollar continues, it's a downward spiral, risk-on currencies such as the New Zealand dollar have seen a rise in value. I have talked about how the market is slowly pricing in the long-term effects of the Coronavirus on...

Interest rates, Non-farm payroll – Week ahead

Coronavirus cases have passed 18 million across the globe, with deaths approaching 700k. Markets are slowly pricing in how the Coronavirus is affecting countries' respective markets. The US Dollar is down 10% from its March highs, and the ASX is...

Pound rallies on weakening dollar

GBP/USD broke 1.30 today, a critical resistance that signals a strong bullish sentiment on the Pound as the dollar weakened on the Fed, sending full message support. Jerome Powell stated that they would keep all support lines open, including bond-buying,...

Fed keeps rates near zero, Tech CEOs testify

Fed's Chairman Jerome Powell has a clear message: They will not step off the gas when it regards stimulus. He stated in the previous Fed meeting, "We are not thinking about thinking about raising rates." Today? "We are not thinking...

What’s next for Argentina?

Over the past year, the Argentinian Peso has last 20.3% against the US dollar. A combination of spiraling government debt, political unrest, and the Coronavirus have seen Argentina fall further into recession....

Euro eyeing out 1.18 against the dollar

The Euro has been on a tear recently, up 8.55% against the US Dollar over the past three months as investors become increasingly more confident in the continent....

Gold reaches unprecedented Territory

Gold reaches an all-time high amidst Geopolitical tensions and the Coronavirus continuing to fuel demand into safe-haven assets. Gold spot reached a high of $1944.52 during the Asia session, smashing the record print of $1923 by $21....
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