The cryptocurrency market finally saw some love on Tuesday, with Litecoin leading the way. Litecoin saw a 15% gain following days of consolidation around the 118 support level. It briefly tested the 1...
If the road to Hell is paved with good intentions, in economic terms the paving is done by zombies. We’ve all heard of the convention regarding Japanification. In desperation trying to avoid a worse...
by Philip Pilkington The other day my friend Rohan Grey – a lawyer and one of the key organisers behind the excellent Modern Money Network (bringing Post-Keynesian economics to Columbia Law Sc...
Gold prices dropped $7.98 an ounce on Tuesday, pressured by climbing stocks and a strong dollar. Some chart-based selling was also behind gold’s 0.59% drop yesterday. XAU/USD headed back to the anti...
Yesterday, oil prices marked their sharpest one-day decline since February, following the markets as a whole. By 2:30 P.M. Eastern, the West Texas Intermediate (WTI) had dropped 3% for the day, while ...
The Aussie continued to climb this morning following the release of the retail sales. For the month of February, the MoM retail sales increased by 0.6%, which was higher than the 0.3% and last month...
USD/JPY 4 hour The USD/JPY seems to be building a larger consolidation zone, which could be explained by a wave 4 correction (blue). Price did break above a resistance trend line (red) but still remai...
USDCAD broke below 1.2803 support, suggesting that the downside movement from 1.3124 has resumed. Further decline could be expected in a couple of days and next target would be at 1.2650 area. Resista...
The US Dollar put in a rather mixed performance on Tuesday, though it did rise towards the end of the day alongside local front-end government bond yields. There, sentiment improved on reports that ...