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If you're buying gold, you're actually just selling dollars

So far this year, being long gold and being short the dollar have been two sides of the same trade. This week, gold and the dollar index hit the highest and lowest levels in 15 months, respectively. And over the past 40 sessions, the daily moves of the …

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Jets 'strongly considered' trading 1st-round pick to Dallas Cowboys

Yes, the Cowboys attempted to trade for the Jets' first-round pick in last week's draft, but the Jets turned them down, just as Peter King of The MMQB reported. Jets general manager Mike Maccagnan just acknowledged he almost pulled the trigger on the deal.

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Best Forex Trading Platforms of 2016

One of the most important factors in online trading is the Forex trading platforms used to actually execute your trades. You can't do anything without a good Forex trading platform. The question of which platform to use is therefore very significant …

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Gartman says gold is in a true bull market—and on its way to $1500

Gold has enjoyed a spectacular beginning to 2016, and one widely followed commodities expert believes the metal could be on the verge of going much, much higher. "I think it's still a bull market," said Dennis Gartman, editor of The Gartman Letter …

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BMW Warns of Tough Trading Conditions, Shares Fall

MUNICH— BMW AG BMW -3.81 % warned of a tough business outlook for the rest of year, citing difficulty in reversing declining sales in the U.S. on top of uncertainty in China and Europe. The sober outlook sent the luxury-auto maker's stock price down …

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EUR/USD Forex Trading Strategies May 2016 – ECB Mario Draghi Snaps

Mr. Draghi also said that there is no alternative to low rates for now. with that, I had no choice but to dedicate this week to EURUSD forex trading strategies May 2016. Make sure you have checked your financial health before getting tempted to trade …

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Gold Just Reached a 15-month High and That's Bad News for Tiffany's

“Gold, silver and platinum are all up 15-25% year to date, and we believe that diamonds have become modestly inflationary as well,” the analysts note. “Thus, we believe the commodity cost benefit to retailers will 'wind down' in about 12 months, and …

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?Global stocks mixed, European indexes down in early trading

MANILA, Philippines – Global stocks were mixed Tuesday, with European stocks all down in early trading but Australia's S&P ASX 200 index making solid gains after the Australian central bank cut interest rates. Britain's FTSE 100 was down 0.8 percent to …

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FOREX-No respite for Japan as yen soars to 18-month high

LONDON, May 3 (Reuters) – The yen jumped to a 18-month high against a weak dollar on Tuesday, extending gains that have undermined Japanese officials' attempts to reflate the developed world's most stagnant economy. The yen also rose sharply against …

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Jim Rickards says for gold prices will go higher as dollar weaken

Gold prices, fresh from Monday's 15-month high, look set for further gains as the dollar weakens, according to author and gold markets expert Jim Rickards. Spot gold hit $1,303.6 an ounce on Monday, its highest price since January 2015, and has since …

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Rupee trading strong at 66.35

The rupee was trading strong at 66.35 in the late morning session on dollar selling by exporters amid foreign fund inflows. According to forex dealers, dollar's weakness against other currencies overseas and a strong domestic equity market supported …

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FOREX-Yen hits 18-month high; Aussie slides as RBA eases policy

SINGAPORE, May 3 (Reuters) – The yen hit a fresh 18-month high against the U.S. dollar on Tuesday and jumped against the Australian dollar, after Australia's central bank cut interest rates to a record low. The U.S. dollar fell to 105.78 yen at one …

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3 Tips on How to Buy Gold

We are currently in an unprecedented gold rush, where investors in record numbers are scrambling to buy gold in every variety. Money Morning Global Credit Strategist Michael Lewitt believes we are headed for a "Super Crash" and says "right now is the …

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ECB Paper Finds Early Trading Before U.S. Economic Releases

A European Central Bank-published study found suspicious trading ahead of seven regular U.S. economic releases, saying information leaks probably helped traders make more than $160 million in profits in two markets over six years. Between January …

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Forex: J$123.18 to one US dollar

KINGSTON, Jamaica – The Jamaican dollar on Monday, May 2, ended trading at J$123.18, up by three cents, according to the Bank of Jamaica's daily foreign exchange trading summary. Meanwhile, the Canadian dollar ended trading at J$97.48, down from …

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Gold's surge is making it feel a lot like late 2007

Gold is enjoying an incredible year, surging 22 percent as the S&P 500 is barely positive. What's rare is for the yellow metal to outperform the market so dramatically in a year when stocks are up. In fact, going back to 1980, there has been only year …

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Bunz: Trading on its good name

Bunz started off as a Facebook page where members posted objects and services they'd like to trade for anything and everything — except for cash. Since then, offshoot groups in different cities and for different interests (rentals, making friends …

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Forex Moves Prompt a Change in the Immediate Outlook for Stocks

That belief that currencies always lead and must be tracked pretty closely by anybody who is serious about trading anything is probably in part down to the natural bias I have from starting in the interbank forex world, where a peculiar product pride …

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