Resource Investor

A daily summary of high-profile members of several complexes… …read more

Crypto currencies have been in demand again of late, with prices making higher highs and higher lows. It is not clear what exactly is behind the rally but with the stock markets falling in the U.S., they may have found some safe-haven flows. …read more

As expected today the Federal Reserve did not raise interest rates. The dollar initially reacted lower to the statement but solidified itself before trading to a new session high. …read more

We are observing a possible flat correction taking place on EURGBP, with current three-wave decline down from 1.6137 level ideally unfolding as wave c. In a flat waves a and b have three legs, while wave c has five. Support for final wave c can later be found near the lower channel line and near

Yesterday, as expected, the Federal Reserve left rates unchanged. They did surprise market participants with a more dovish than the expected statement, mentioning symmetric inflation goals twice. …read more

The West Coast saw a huge crude oil build, but for traders the left coast is sometimes the left-out coast. …read more

Investors who were looking for a quick opportunity to attack the Pound were given the green light on Thursday after Britain’s service sector rebounded less than expected last month. …read more

Today’s economic news out of Europe wasn’t great but interestingly, the euro and pound’s response was very subdued as both pairs refused to fall further – at least for the time being, anyway. …read more

The dollar is showing signs of momentary weakness after the latest FOMC statement indicated to investors that the Federal Reserve will not raise U.S. interest rates at a faster pace than has already been priced into the market. …read more

As reported earlier, it has been a good day for European stocks, most notably the German DAX Index. However, shares on Wall Street have not been so buoyant despite a very good earnings season so far. Sentiment has been boosted after U.S. President Donald Trump decided to extend the deadline on deciding whether to impose