By Elliott Wave International The conviction gripping bitcoin’s ascendancy is so deep that children are now being indoctrinated into the bullish fold. We talked about this phenomenon with respect to the stock market last month. This Bloomberg column from May 16 signals its arrival in the cryptocurrency world: “Why I Pay My Seventh Grader in […]
Why the Japanese Yen’s Bull Run REALLY Ended
September 12, 2015 by Leave a Comment
Back in 2012, the yen looked like the strongest monetary unit in the financial universe, standing at an all-time record high against the mighty U.S. dollar, the world’s “reserve” currency. Flash ahead to now (circa September 2015), and the yen is down 30% whilst clinging to its lowest level against the dollar in 12 years. So, what changed?
Don’t Trade Forex Looking in the Rearview Mirror
December 28, 2012 by
The foreign exchange (forex) market has a huge trading volume giving it high liquidity and making it the largest asset class in the world. Unlike individual exchanges like the London or New York stock exchange it is geographically diverse and operates continuously 24 hours a day (except on weekends). It also encompasses a variety of factors that affect exchange rates. It […]
Tips for Trading Forex Online
October 2, 2012 by
What is Forex Trading? Forex is short for foreign exchange, referring to the practice of exchanging money denominated in one country’s currency for money denominated in another currency. Since the values of currencies are constantly changing in relation to one another, opportunities exist for profit so long as people are capable of identifying and then […]
