Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Oil on your Watch List
WTI and Brent have been hovering in the $40 and $43 per barrel respectively, unable to break past the GFC oil price lows. Oil is not the only commodity suffering, with much of the energy sector…
Oils Collapse into Negative Dollars: Whats it look…
In this video, We take an in depth look at the overnight collapse of oil prices to -$37, What led up to the collapse, who is affected by it, and what opportunities might come next.…
USD/CAD Finally Managed to See Price Recover on…
[caption id="attachment_365223" align="alignnone" width="650"] USD/CAD Hourly (H1) Chart[/caption] USD/CAD: The pair finally managed to see price recover above the 1.41 handle on crude oil price weakness driven by IMF warnings. Further, USD’s recovery from the…
Weekly Summary: A Domino Effect
The world is facing an economic crisis triggered by an unprecedented health crisis and an oil price war. It was another week of extreme volatility in the financial markets: Gold on the Rise Again Oil Market…
