Category: INO.com Contributors

Top Forex Pairs VS. Gold: Another One Bites The Dust

Posted on by Aibek Burabayev

Aibek Burabayev - INO.com Contributor - Metals


A year ago I wrote a post to compare the top currencies dynamics against Gold inside of the year. Today I want to repeat the experiment to see which one could beat the safe haven and which one couldn't. This time, you will see a modified version of the chart where the inverse metal crosses show not Gold's (last year version), but the currencies' dynamics for easier eye perception.

To remind you of the short list, there are seven currencies compared: US dollar (USD) and 6 components of the US dollar index placed by weight: Euro (EUR), Japanese yen (JPY), British pound (GBP), Canadian dollar (CAD), Swedish krona (SEK) and the Swiss franc (CHF). Continue reading "Top Forex Pairs VS. Gold: Another One Bites The Dust" →

A Deep Value Play Investors Shouldn't Overlook

Posted on by Daniel Cross

Daniel Cross - INO.com Contributor - Equities


The Fed might have finally raised rates this month, but it isn't a magic spell that automatically means that the global economy is strong. Oil is once again the leader of a sudden an aggressive bearish sentiment on Wall Street and stocks are suffering as a result.

The state of the global economy going into 2016 is still in question with energy markets yet again being the biggest concern for investors. The slowdown hasn't been kind to sectors like manufacturing either with many companies closing their doors or merging with other businesses in order to stay afloat. Those that have survived though have come out the other side sleeker, stronger, and have fewer competitors. Continue reading "A Deep Value Play Investors Shouldn't Overlook" →

Will 2016 Bring A Turnaround In FX?

Posted on by Lior Alkalay

Lior Alkalay - INO.com Contributor - Forex


The year 2015, no doubt, has been a year to remember. Markets saw the first Fed rate hike in years which pushed the Dollar ever higher. In the Eurozone, the ECB's QE pushed the Euro to lows it hasn't seen in years. And in China, the Yuan, too, is being pushed to record lows as China's economy gets squeezed.

Now, with 2016 practically knocking at the door, the question is will 2016 be the year of a turnaround? Or will the themes of 2015 continue to dominate? Here are some major areas to focus on which can help us figure it all out. Continue reading "Will 2016 Bring A Turnaround In FX?" →

LatAM: First The Pain, Then The Gain?

Posted on by Lior Alkalay

Lior Alkalay - INO.com Contributor - Forex


Latin America is going to end 2015 with a big bang. The entire region has experienced what could only be described as a mini Latin Spring. The corrupt government of Argentina lost power to the pro-business leader, Mauricio Macri. Meanwhile, Venezuela's left-wing extremists suffered a defeat in Parliamentary elections. More recently, Brazil's president, Dilma Rousseff, is facing impeachment charges amid a corruption scandal.

All this naturally begs two questions; are the winds changing in the Latin American space and what does that mean for LatAm currencies? Continue reading "LatAM: First The Pain, Then The Gain?" →

Copper Update: Metal Signals Short Term Bottom For Oil

Posted on by Aibek Burabayev

Aibek Burabayev - INO.com Contributor - Metals


In my previous update, I recommended covering your short positions in Copper to save a decent profit from the sudden reversal. The next day the price dipped further down to a round figure favoring buyback. Then until today, we saw volatile sideways trading inside of the 2.025/2.125 range. Currently, the metal has traded on the upper side of it. In the meantime crude oil has plummeted to an 11-year low and the two assets have diverged sharply since.

Chart 1: Copper-Crude Oil Comparative chart: The Chain Has Been Broken

Copper-Crude Oil Comparative chart
Chart courtesy of tradingview.com

The days following my last Copper/Oil post, Crude oil moved $2 higher as expected, but it couldn't close above the $44 mark and the oversupplied market brought the price down sharply. Despite that, Copper stood still charting a sideways pattern and expanding the triangle. Supply cut fears amid a weakening US dollar have spurred demand for the metal. Continue reading "Copper Update: Metal Signals Short Term Bottom For Oil" →