coboyhitam

Some interesting comment from Citi on gold, as they lift their short-term target to $2,100/oz. They also opine that it is plausible to breach the $2,300/oz within 6-12months. They opine this based on the record pace of ETC investor inflows, negative real yields as well as the weakening USD. Any thou

Photo: Reuters The price of Bitcoin has been struggling to mount the $12,000 resistance level for roughly three weeks since its pass over $10,000 on July 27th. However, as pressure below the $12,000 level has continued to build, its seven-day average hash rate has reached a new all-time high. Inde

The Jackson Hole symposium will be a subdued affair … no all night drinking sessions amongst the various central bank heads, unless they do so via Zoom! OK, back the headline, some thoughts on where to for the US dollar via Credit Agricole (For bank trade ideas, check out eFX Plus):   "The 27-28 Aug

Daily Pivots: (S1) 106.06; (P) 106.37; (R1) 106.82; Intraday bias in USD/JPY remains on the upside as rise from 104.18 is in progress. Corrective fall from 111.71 should have completed with three waves down to 104.18, after missing 100% projection of 111.71 to 105.98 from 109.85 at 104.12. Further r

加拿大7月CPI大幅低于预期，该国通胀想恢复至疫情前水平步履维艰 周三(8月19日)纽约时段盘中，加拿大公布了7月份的CPI数据，结果数据表现大幅度低于预期，数据公布后美元兑加元短线小幅上涨10余点。另一项影响力较弱的加拿大数据6月批发销售超出预期。图：美元兑加元5分钟图具体数据显示，加拿大7月CPI年率(%)实际公布0.10，预期0.6，前值0.7；加拿大7月核心CPI年率(%)实际公布1.30，预期1.6，前值1.5。另外一项加拿大数据，加拿大6月批发销售月率(%)实际公布18.50，预期10.5，前值5.7。加拿大6月批发销售月率突破2003年高点的6

So much for that offer Evidently she, herself, said she was willing to cut the ask 'in half' but an aide says the offer is to 'meet halfway'   Trading on politics is a mess, as usual. Thankfully the market hasn't moved much on either of the headlines.

Photo: Finance Magnates Fintech payment services company FXPress Payment Services Limited announced this Tuesday that it has entered into an agreement to acquire Avila House Limited, subject to regulatory approval. Avila House is a licensed Small Electronic Money Institutional. Under the agreement