Category: Liquidity

October 27, 2021

After opening the day broadly unchanged, the cryptocurrency market slumped across the board in the space of a few minutes with some alt-coins registering hefty double-digit losses. The market has been reasonably calm of late with Bitcoin and Ethereum stable […]

October 25, 2021

Gold is currently ignoring higher US Treasury yields – a negative for the precious metal – and instead seems to be moving in line with calls for slowing global economic growth and increased market expectations for inflation to remain at […]

October 18, 2021

Gold has given back nearly all of last Wednesday’s post-CPI release rally and is now back at an important chart level that has steered price action over the last few weeks. The precious metal’s main driver remains the US dollar […]

October 14, 2021

The strength of the recent advance in GBP/JPY is facing a key test at the 156.11 high recorded on May 27 and it will likely pause at that level as traders decide whether to keep buying the pair. If it […]

October 12, 2021

Gold reversed hard on Friday, and within the context of a downtrend this puts in position to trade lower. It is likely that we see follow-through on the reversal candle soon if it is to hold its bearish implications. The […]

October 8, 2021

The yield on the benchmark US Treasury 10-year is popping higher, aided by news overnight that the US Senate voted to extend the debt ceiling until December, pushing back market fears of a government default. The Senate agreed by a […]

October 5, 2021

The US Dollar is bouncing from higher-low support today in a move that, thus far, has been extremely clean for such a forceful breakout. Last week I highlighted the ascending triangle that had built in the USD, and with the […]

October 1, 2021

The cryptocurrency market has started Q4 in a robust fashion with the market capitalization set to break back above $2 trillion. The recent market sell-off into the $1.75 – $1.8 trillion zone has now turned higher with market capitalization now […]

September 29, 2021

Yesterday saw the Pound posted its worst performance against the USD in over a year and the Euro since April. I will save the column inches and point you to my recent post, discussing the concerns I had over the […]

September 24, 2021

Benchmark U.S. crude oil for November delivery rose 68 cents to $73.98 a barrel Friday. Brent crude oil for November delivery rose 84 cents to $78.09 a barrel. Wholesale gasoline for October delivery rose 2 cents to $2.19 a gallon. […]