Commodity Trade Mantra

Posts Tagged ‘Currency Swings’

Gold Rush Will End - Irrespective of Whether Brexit Or Bremain

An “In” vote is seen as quickly unwinding gold’s 5% gain in June, as appetite for risk rises. And while some see a “Leave” result as a risk-off event that could see gold rally, others see lower prices if the dollar rises & oil falls. Gold may also fall as it can be used as a source of cash to cover losses elsewhere. Sharp declines in equities could push investors to liquidate gold positions to free up capital.

Reasons Why Trading Currencies Is Now The Most Difficult Since Lehman

Feel like trading FX has become next to impossible, with massive, gaping bid-ask spreads, strange “tractor beams” at key technical point in major pairs, completely unexpected stop loss runs & central banks behind every corner? Don’t worry you are not alone. It hasn’t been this difficult to trade currencies since the collapse of Lehman Brothers.

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