METALS Strong job report on Friday lifted the US Dollar on the news but lacked followed through. The lack of strength continued at the open on… Read more "Booy’s #Commodities #60SecUpdate #40"
Tag: market analysis
Booy’s #Commodities #60SecUpdate #37
METALS Gold is bucking the trend by strengthening in the face of a stronger US Dollar. The struggles for the currencies of Argentina, Brazil, and Turkey may… Read more "Booy’s #Commodities #60SecUpdate #37"
Booy’s #Commodities #60SecUpdate #35
METALS USD strength not abating as news from Japan and Europe aren't helping their currencies. Consequently, Gold maintains a weaker stance, while Silver shows some resilience. Platinum… Read more "Booy’s #Commodities #60SecUpdate #35"
Booy’s #Commodities #60SecUpdate #34
METALS Gold breaking $1,300 for the first time in 2018. It was an important support level. USD continues to strengthen and the path of least resistance is… Read more "Booy’s #Commodities #60SecUpdate #34"
Booy’s #Commodities #60SecUpdate #32
METALS The most striking aspect of the US's exit out of the JCPOA is not the impact on Iran, but on the relationship between the US and… Read more "Booy’s #Commodities #60SecUpdate #32"
Booy’s #Commodities #60SecUpdate #30
METALS Initial reaction to employment report is negative for rates and USD, therefore stronger Gold/Silver. It's a short-term catalyst to support the rebound inside the well-known 2018… Read more "Booy’s #Commodities #60SecUpdate #30"
Booy’s #Commodities #60SecUpdate #29
METALS The political headlines are quieter. Interest rates are inching higher again (after the negative close to the week). USD is being dragged higher. Well, you know… Read more "Booy’s #Commodities #60SecUpdate #29"
Booy’s #Commodities #60SecUpdate #28
To subscribe only to this update, click here: http://booyinsights.com/subscribe METALS With no change in ECB policy the Euro confirmed the negative reversal pattern, which in turn is supporting…… Read more “Booy’s #Commodities #60SecUpdate #28”
Booy’s #Commodities #60SecUpdate #27
To subscribe only to this update, click here: http://booyinsights.com/subscribe METALS * Aluminum and Palladium have retraced about half of the politics-induced rally, as sanctions against Russia’s Rusal loosen…… Read more “Booy’s #Commodities #60SecUpdate #27”
Booy’s #Commodities #60SecUpdate #24
To subscribe only to this update, click here: http://booyinsights.com/subscribe For more information regarding BiMTi read this.