Soloforex - Stocks, Forex and Binary Options Trading News
As we said in the previous article, this week would be that of PMI data. Here those of the two major Western economies: the United States and the Eurozone. Previous Article: Federal Reserve: Third Rate Rise in Six Months Preliminary data on manufacturing, composite and services indices in June... Read more
Investing in coffee is a fairly interesting option for diversifying your portfolio and for short term investment. There are various ways to invest in coffee, but any method you choose, the profits depend entirely on the production conditions that causes constant price fluctuations.   Read more
Binary Options on Commodities: Gold, Silver and Oil Declining Prices
The 2017 has just begun but there is already some commodity which begins to suffer losing the territory acquired in 2016. The first material to mention is the gold that has suffered a sharp setback veering downward after hitting two-month highs in recent days. After the concerns about the... Read more
Best and Worst Trading Assets of 2016
A new year ended and it is time to take stock. The trading world moves very quickly especially when it comes to Forex where currency volatility is the host. We will try to establish a ranking of the best and worst assets of 2016 including currencies, indices, commodities and... Read more
Oil Prices Rise Again and Bitcoin Breaks its Psychological Threshold
In the week prior to Christmas there were not many market movers to shake up the market but the effect of the Federal Reserve’s decision still weighs on the US dollar and on the forex market. The US currency, after taking what he could from its competitors, won on... Read more
Oil Price Rise after Opec Decision; Gold and Silver Suffers the Consequence of US Dollar Strength
The market movers published in the past week have affected both the new and the old Continent, from data on manufacturing PMI to the unemployment rate. The news that has dragged more the markets, however, can be attributed to the agreement of the OPEC to cut 1.2 million barrels... Read more
The week just ended it was not so interesting for the markets other than for some USA market movers who did finally move EUR/USD. The interesting news, instead, regards commodities, especially oil and gold. The price of oil has risen in Friday’s session, following the comments of the energy... Read more
In one of the first articles (‘the power of Forex’) we analyzed how currencies influence other assets such as commodities. Today we introduce the term of commodity currencies and explain what they are and how they move. The term commodity currencies are currencies with essentially two features: the close... Read more
Gold and silver seem to be the only reliable solutions in a global economy that has been going from crisis to crisis, but the recovery in oil prices is fueling the upward spiral of the Russian ruble. Gold and silver resume their rally after the break in the first... Read more
The Brexit is not forth good fruit for Europe, but for someone it was a godsend, especially for traders in commodities such as gold and silver. Between the two, however, the metal that is profiting more is silver, whose price is to 3-year highs. The Brexit is a symptom... Read more