Thanks, in large part, to the tanking of Europe, the markets all over have been living in the red. Whether you trade FOREX or not, knowing how currencies stack up against each other can be beneficial to our trading. A stronger dollar makes the US purchasing power much stronger and vice versa. Obviously these changes can make [...]
Given all the problems in the world, it is easy to see why the increase in the price of crude oil has gone basically unnoticed or ignored. Over the last year, the commodity has doubled in price. While that initial trend has tapered off, the technical indicators still favor a higher move for the black gold. As we [...]
[smartads] Maybe it is just me or there is a lot of noise, but it seems like a lot is going on in the market this week. Throw in all the market data, government proposed policies, and overall market news, it can be a lot to take in; however, sometimes it could be a good [...]
Sometimes, especially on late at night with massive thunderstorms, there is nothing on television; therefore, for the first time in almost 2 years, I watched Fast Money on CNBC. While I don’t necessarily have an opinion or theory on the topic, I thought all the arguments were pretty interesting.
The US dollar always has a big say in how various commodities will move. The following video takes a look at what is developing within the dollar index.
An interesting factor to pay attention to as we head into the summer months is the Dollar Index, and the impact it is has on crude oil and other major markets.
The dollar looks to be getting stronger. Is that what we want?