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Just when we thought that a brand spankin’ new trading month would bring more asset-buying, high interest rate and global growth jitters dragged “risky” assets lower this week. That also meant that safe havens like USD and JPY dominated…

Share: USD/CAD reversed its course during the American session and got rejected by the 100-day SMA, falling…

Oil Prices, Charts, and AnalysisOil bolstered by Saudi Arabia, Russia output cutsOPEC+ meeting and US Jobs Report later. Recommended by Nick Cawley Get Your Free Oil Forecast The price of oil is trying to…

It was a mixed week for our strategies as we took on a risk-on bias on the high probability we’d see further signs of a peak in the global rate hike cycle. But broad risk sentiment was net negative this week, and it wasn’t until we…

Share: Mullen held its shareholder meeting on August 3.  It’s unclear whether the company received enough…

GBP/USD and EUR/GBP Analysis and ChartsGBP/USD is down one cent over the week in thin trade.EUR/GBP remains rangebound. Recommended by Nick Cawley How to Trade GBP/USD UK Breaking News: BoE Hikes by 25bps to…

Share: Silver (XAG/USD) stages a modest recovery after July’s US jobs data missed estimates, trading at…

JULY LABOR MARKET REPORTJuly U.S. nonfarm payrolls at 187,000 versus 200,000 expectedUnemployment rate ticks down to 3.5%, one-tenth of a percent below consensus estimatesGold rises while the U.S. dollar slides following the release of the…

Ages ago, horsemen invented blinders to keep their horses focused on their work. Blinders are pieces of leather attached to the horse’s bridle that prevent them from seeing anything except what’s in front of them. Without blinders, a…

Share: Today’s instrument is the Tyson Foods Inc.‘s traded in NYSE exchange under the ticker TSN. Looking at…