Coin News

Nuclear power has been a hot topic recently. And as a result, the price action of its input commodity has been quite schizophrenic. Investors and speculators are in a state of great wonderment over what to expect from this intriguing mineral. View full post on Resource Investor

As a lawyer, Obama was trained to argue rival positions, depending on who hired him. So, what I am about to present should not be regarded as hypocrisy on his part. Yes, it is hypocrisy by the standards of any normal human being, but not for a lawyer. He is a lawyer. He does what [...]

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A daily overview of technical developments in the regional currencies. Take a look inside for the latest scoop on the Norwegian Krone and Swedish Krona. View full post on DailyFX – Technical Analysis

* Yen and Swiss franc fall as safe haven plays unwound * Dollar/yen bounce likely to be limited -analysts * Signs of recent demand for 3-mth yen calls with Y72-Y73strike * Dollar may test record low vs … View full post on Yahoo! Finance: Currencies News

Lost in the US deficit battles and the pathetic US GDP statistics comes yet another surprise: Canada’s Economy Shrank 0.3% in May Posting the Largest Drop in Two Years Canada’s gross domestic product fell in May by the most in two years due to temporary disruptions in the mining and oil and gas sector, government [...]

Backwardation in a commodity can be caused for 2 reasons.  Either traders want out of the currency (they have no wish to receive US dollars when future contracts expire as they fear those dollars will be worthless) OR they fear that the physical commodity will not be available for delivery when the contract matures. If [...]

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NZD/USD Classical Technical Report 08.01 View full post on Yahoo! Finance: Currencies News

           Before I begin I want to say to my readers that I believe our founding fathers believed that serving in the government was a privilege not a profession. Sadly, when I look at our government I see people in elected office that by any measure have no practical experiences in life. I look and [...]

The possibility that the safe-haven US Dollar may form a double bottom and reverse higher is reinforced by an increasingly bearish long-term S&P 500 setup. View full post on DailyFX – Technical Analysis