The good, the bad & the ugly
“The Good” – Gold has rode on the weakness of the Greenback, it rose more than 15% since the beginning of 2016.
“The Good” – Gold has rode on the weakness of the Greenback, it rose more than 15% since the beginning of 2016.
Last Friday, Bank of Japan became the first Central Bank in Asia (third among the G-10 countries after Switzerland and Sweden) to adopt negative interest rate, slashing their interest rate to -0.1%.
Oil and equity markets have been the talk of the town since the beginning of 2016.
18 days into 2016 and we see a sloth of bears roaming in the market.
On January 2015, Swiss National Bank (SNB) made headlines by removing the 1.20 floor on EUR/CHF. The Forex market was thrown into a chaos, which saw Swiss Franc strengthened 40% in a couple of...