Will Bitcoin keep rising? Technicals point to further gains but…
While the US dollar was falling across the board, Bitcoin kept rising, accelerating the rally on Friday. It had the biggest weekly gain since early May (more than 7%). BTC/USD…
Gold keeps rising and rising: is time for a surprise?
Gold rose a hundred dollars in the week. How much fuel does the rally have? When everybody sees prices moving in one direction, odds of a surprise increase On Thursday,…
Europe at extremes: From Brexit to the Next Generation EU
The European project is having a year to remember at both extremes regarding integration. One of its members left the block and months later, the remaining 27 members agreed to…
Bloody Tuesday for USD, the sell-off might not be over yet
After many days of range-bound trading, many forex crosses made breakouts against the US dollar; a similar situation applies to gold and crude oil. If current levels are sustained, the…
Crude oil: WTI and the area of $40, can the romance last?
Over the last months, volatility across financial markets trended lower, as the CBOE Volatility Index (VIX) shows. The index is near the bottom of the COVID-19 crisis. Low volatility usually…
The Market ends the week with mixed sentiment
As always, context has been a game changer in stock movements. Coronavirus is still influencing trader sentiment and international markets since cases are on the rise in both the USA…
ECB aftermath: Rates and policy unchanged; EUR/USD resumes the upside
The European Central Bank decided to leave interest rates and most policy measures unchanged on today’s meeting according to a press release published by the bank and the post-meeting conference…
Apple wins the court battle with the EU for €13B; what does that mean?
A “political crap.” That’s what Apple CEO Tim Cook called the European Commission decision to order the Cupertino based company to pay 13 billion euros in taxes to Ireland back…
Gold holds above 1,800 and signals for another run
Gold is trading positive on Tuesday after holding the $1,800 level earlier in the day and reacting somehow positively to economic data. A mixed sentiment keeps the XAU/USD above that…
A V-Shape Recovery that is not that V in a Schizophrenic Market
The coronavirus spike in the United States has affected the new normality, and the positive impression with the V shaped economic recovery charts. On Thursday, Johns Hopkins University published the…
