Blogs

The silver markets initially pulled back a bit during the trading session on Wednesday as we continue to see a lot of volatility in this market.

The US dollar rallied a bit during the trading session again on Wednesday as the “risk off trade” came back into play.

Gold markets initially broke down during the trading session on Wednesday, breaking well below the $1700 level.

Watch for bullish break above 1.2300 area.

Wide bullish price channel pushing price up

One of the most over-hyped events for Bitcoin was the third halving event, which concluded on May 11th, 2020.

Canada’s economy struggled before the Covid-19 outbreak, issues were intensified after oil prices collapsed, and the problems persist today.

Per Christine Lagarde, the President of the European Central Bank, the Eurozone economy is forecast to plunge 8% to 12% in 2020 due to the nationwide lockdowns implemented in response to the Covid-19 pandemic.

Business confidence in New Zealand recovered in May but remained deep in depressive conditions.

The US dollar has been grinding back and forth against the Indian rupee for the last couple of months, forming a bit of a massive symmetric triangle.