The Case for Bitcoin: The $10,000 Coin
The appears to be a case for Bitcoin when it comes to a $10,000 coin. Bitcoin, a decentralized virtual currency, seems to be on an unstoppable tear. It rose more than 54% in … [Read more...]
Gold vs. Bitcoin
When it comes to comparing gold vs. Bitcoin, there are various advantages to each of them. Bitcoin has taken the world by storm. There are lots of new and exciting methods for … [Read more...]
Why There Is a 2-Month Low For The USD/JPY
There was a quick slide to below 112 on the foreign-exchange market for the USD/JPY. This currency pair has dropped 5 out of the last six trading days with the latest … [Read more...]
The Reason Why The Dollar Rally Lost Its Momentum Led to a Weak Dollar
The weak dollar was caused by a range of factors that led to the dollar losing its momentum. The start of the trading week was quiet as most of the major players contained to very narrow ranges. Market Drivers February 06, 2017 Gold {currency}1,224/ounce Oil … [Read more...]
How will the Fed hikes affect the USD?
December 2015 was the last time the Federal Reserve constricted the monetary policy. However, the monetary policy will change again in a couple of days when the U.S. central bank prepares to increase the interest rates for the first time in a year. Even though there have … [Read more...]
The Reason Why the USD/JPY Broke 105
Thursday’s big story on the foreign-exchange market was the USD/JPY, which broke up 105. The past five trading days showed that the USD/JPY had been gaining higher quietly. On Thursday night, close to the time of London’s closing, the USD/JPY took out this critical … [Read more...]