• Are Rising Yields Going to Spoil the Bullish Party?

    US yields are seeing another day of highs. The US 10-year yield rose to fresh cycle highs on Monday and was trading slightly below the 1.4% handle as traders keep dumping bonds due to inflation expectations.  Based on Federal Reserve (Fed) funds futures markets, the chances of a 0.25% Fed rate hike by the end...

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  • USD Remains Low Despite Spiking US Yields

    Over the previous days and weeks, we’ve seen some severe “spikes” in longer-term US yields, while short-term yields remain depressed near record lows. The yield curve has steepened notably, which has always been a bearish sign for the overall economy and financial markets.  The US 30-year yield rose back to a 2-handle, above 2%, the highest...

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  • Forex Brokers Unprofitability – February 2021

    As the year 2020 has come to end, a lot of Forex brokers have updated their traders’ unprofitability numbers as required by the ESMA regulations. Even though these numbers have to be updated by Forex/ CFD brokers on a quarterly basis, not all regulated European brokers do that regularly. However, the vast majority of brokers already refreshed their risk warning, so we can finally check the updates.  We suppose the percentage displayed by brokers includes the number of all losing accounts divided by the number of all...

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  • Oil Rally Continues, How High Will It Go?

    As of Wednesday, West Texas Intermediate (WTI) crude oil has been seeing gains for eight consecutive days, and at the time of writing is trading near 58.60 USD. Oil gained 135% in February alone, making it one of the best-performing commodities.  Last April, WTI dropped below zero with the subsequent front-month contract trading at around...

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  • 10 Gifts 2020 Gave Traders

    When we look back on 2020, we’ll probably remember COVID-19, the sudden virus outbreak that tanked markets and crashed economies. The future looked painfully uncertain, and it dramatically affected almost every aspect of our normal everyday life.  Despite the dark clouds and many weathered storms, 2020 had its share of silver linings too. For millions...

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  • Silver Can’t Hold Gains While Gold is Still Bearish

    Monday’s euphoria in the financial market seems to be over as silver is down 5% on Tuesday, while gold was trading 0.5% weaker during the London session. Precious metals usually drop when banks start selling paper, silver, and gold futures – this is what we witnessed today. With demand for physical silver going through the...

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  • 2021, a Fresh Start for the Markets or More of the Same?

    It’s been a roller coaster ride of a year for the financial markets, with crashes, losses, and unprecedented volatility.  West Texas Intermediate (WTI) crude oil prices went negative at one point and still trail below 50 USD. The USD took a big hit, along with the GBP and EUR. The Forex market remained uncertain for most...

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  • IX Social App makes Trading Accessible to Everyone

    Internet adoption has more than doubled globally since 2010, however, the majority of countries with lower rates of internet access are in Africa, according to the World Economic Forum. In Ghana specifically, DataReportal’s figures in January 2020 claim that while internet penetration sat at 48% of the population, mobile connections in the country stood equivalent to 130% of...

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  • 10-year US Yields are Breaking from the Triangle Pattern

    It looks like the recent rally in the US yields might be over, which could imply further weakness for the USD and more gains for US stocks. The 10-year yield seems to be breaking down from the recent triangle pattern. The support of the formation is currently near 1.075%, and if this level is taken...

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  • The USD Rallies and Treasury Yields Rise Following Stimulus Promises

    Since last Thursday, the USD has been rallying, and the EURUSD pair dropped from 1.2350 to 1.2150 on Monday. It looks like a stronger correction could be on the way. Newly elected US president Joe Biden has promised trillions in new stimulus, starting with boosting the checks from 600 USD to 2,000 USD. As inflation...

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