Overcome fear
Thanks to fear, humanity has evolved and has been able to overcome everything that threatens its existence for a long time. Our brain incorporates a set of instinctive abilities in response to certain stimuli that tend to keep us away from danger, skeptical of risk and safe from any unknown externality. These “preloaded” elements are […]
Employment in Australia, projection on AUDUSD
This Wednesday the Australian Bureau of Statistics, as every month, will release the data from the previous month, on the variations of the employed population in the country and the total workforce that is currently unemployed. The previous index of unemployment showed that in the month of January, the rate fell to 6.4% and the […]
BTC falls after new highs
Bitcoin (BTC), the largest-cap cryptocurrency on the market, crossed $ 60,000 and managed to break resistance around $ 58,000 over the weekend. The crypto, hours after exceeding said barrier and reached the record of $ 61,683.86, according to CoinDesk. The new record is contextualized after a period of declines and consolidation, after a turbulent February […]
US and UK interest rates March. Weekly trading
This Wednesday the FOMC interest rates are presented although we do not estimate many changes compared to last semester. It is in June when the real action of the Fed begins. While economic risks persist, they are fading with growing confidence that the economy can fully reopen by the summer. Given the Fed’s current caution, […]
FOMC will decide on interest rate
Next week the FOMC will meet again to determine the roadmap for the coming months in relation to the economic projections and the decision on interest rates. The announcement will be made by Fed Chairman Jerome Powell and interest rates are expected to remain between 0.00% and 0.25%. Taking into account that the decision is […]
New instrument for cryptos announced
According to a filing with the United States Securities and Exchange Commission (SEC), JPMorgan plans to launch a tool that will provide greater accessibility to the world of cryptocurrencies to its clients. The new instrument will be titled JPMorgan’s Cryptocurrency Exposure Basket. It is a set of reference stocks made up of cryptos or […]
Trader Resilience
In the process of learning and professionalization of any operator, it is necessary to go through difficult times and experiences of great discomfort. Otherwise you will not be learning. It is essential to develop the ability to learn from mistakes to resurface in an improved version after each stumble. Practice by itself will not make […]
Interest rate and employment in Canada, USDCAD projections
The Bank of Canada holds eight annual meetings where they stipulate the economic decision. For almost a year it has maintained the same level in the interest rate, the last modification happened in March 2020, when it went from 0.75% to 0.25%. The forecast is that it does not change and is at 0.25% for […]
Central Bank Digital Currencies
The pandemic brought with it a high interest in limiting the use of physical money. This need sparked the interest of central banks to generate their own digital currencies. This time will be a major turning point for crypto investors. Finally, speculators will understand that cryptocurrencies are not themselves digital currencies but instruments of financial […]
American employment update, projections
On Friday the US Department of Labor will release the current unemployment rate. The currently unemployed workforce in the US is estimated to be 6.3% for the month of February. In other words, the measure would not project changes in the rate, since for the month of January the result was the same. A higher […]