Market Analysis: June 23
Short Description
A REAL Gold Breakout?
Video Script
Start your trading week right with our weekly webinar. Get expert technical analysis of the major #forex #cryptocurrencies #indices #commodities and #shares markets. WATCH NOW
RELATED VIDEOS
WEEK AHEAD: SEPTEMBER 07
The EUR/USD hit a new 2-year high at the big 1.20 level but then fell back under 1.18. Is more weakness to come after the ECB meeting or will traders buy the dip. I discuss that and rundown the economic calendar for the week ahead. Thanks! Rich
WEEK AHEAD: AUGUST 31
The S&P 500 and the Nasdaq are trading at record highs so I list three reasons the Dow Jones Industrial Average could be next do so. I also preview the week ahead with a rundown of the important events on the economic calendar. Thanks! Rich
WEEK AHEAD: AUGUST 24
The US dollar has shown signs of a comeback so this week I discuss whether Jackson Hole – the annual gathering of central bankers will make a difference to what traders do next. I also rundown the important events on the economic calendar. Thanks! Rich
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Gold jumps with US inflation highest since 2008
There was a sense of relief after US inflation data was release showing the highest price increases since 2008. The dollar slid and Wall Street hit a fresh record high on expectations a dovish Fed will downplay the report in its meeting next week.
11 June 2021
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Bitcoin slides after Feds seize Colonial ransom
Cryptocurrencies including Bitcoin and Ethereum dropped again after Federal investigators managed to recover the supposedly encrypted random taken from the Colonial pipeline. FX markets have been calm before inflation data.
09 June 2021
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Dollar dumps after NFP miss
The US dollar dropped sharply after non-farm payroll missed expectations for a second month, while gold jumped. Canada’s TSX index rose above 20,000 for the first time. El Salvador might adopt Bitcoin as legal tender.
07 June 2021
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Oil price hits 2-year high after OPEC
OPEC’s decision to gradually increase production through July spurred a jump in the price of oil to a two-year high. The dollar firmed after US manufacturing PMI data. Wall Street had a flat return from Memorial Day.
02 June 2021
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