Tag: currencies

Crisis Investing 101: How to Invest in Currencies the Easy Way

Posted on by admin

In the past few weeks, I've told you about the five assets that could save your portfolio. I've shown my favorite gold and oil plays, how to protect a portfolio with commodities, how real estate provides safety in good and bad times, and how owning gold coins and bullions requires some level of expertise.

Today, I'm going to tell you about currency exchange, an investment that has become so popular, you could trade with only $1 in your account.

Like gold coins and bullion, currency trading is a traditional form of investment, because it can be physically held. For example, investors who held greenbacks instead of the euro during the euro-zone-banking crisis were substantially rewarded. Continue reading "Crisis Investing 101: How to Invest in Currencies the Easy Way" →

Weekly Futures Recap W/Mike Seery

Posted on by The INO.com Team

We’ve asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Grain Futures-- Grain futures were mixed this week in a volatile trade with soybeans higher again for the 5th straight day up 28 cents at 14.83 in early trade only then to sell off tremendously to finish lower by 24 cents for the session closing at 14.31 after hitting a new 5 month high this Friday all due to the fact that the Argentina soybean crop was reduced 5% this week down from 53 MMT all the way to 50 MMT sparking massive short covering and now the large speculators getting long this market to the upside. Last Friday soybeans for the July contract settled at 13.99 having one of its best weekly gains in quite some time while corn futures are still below their 20 & 100 day moving average in the March contract settling at 6.95 last Friday basically unchanged for the trading week in a sideways pattern with major support at the 8 month lows at 6.80 and as I’ve stated in many previous blogs I am bearish the corn and wheat market and the soybean market is extremely choppy with many false breakouts including today. Continue reading "Weekly Futures Recap W/Mike Seery" →

Currencies Morning Commentary

Posted on by The INO.com Team

The September Dollar was lower in overnight trading. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near-term. If September extends last Friday's decline, June's low crossing at 81.39 is the next downside target. Closes above the 20-day moving average crossing at 82.40 would temper the near-term bearish outlook. First resistance is the 20-day moving average crossing at 82.40. Second resistance is the reaction high crossing at 83.07. First support it last Friday's low crossing at 81.56. Second support is June's low crossing at 81.39. Continue reading "Currencies Morning Commentary" →

The Currency Exchange Trap In Trading Global Markets

Posted on by The INO.com Team

Dean Whittingham created A Traders Universe - Trading System Development in 2005 as a resource site for traders of all levels, with education, courses, brokers, tips, free videos, newsletters, trading systems, simulations and a free 7 step process for building a profitable stock, futures or forex trading system.  Read how Dean illustrates how the change in currency exchange rates effect the overall performance of any overseas trade on your financial statement.

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Picture this: you live outside the US, let’s say Australia, you think the price of Oil is going to appreciate over the next month or two. Your options are to buy the commodity through the futures markets, buy a CFD, or buy an ‘oil’ based ETF. Either way, you will be buying an oil based asset and in which currency? The US dollar.

What happens? Well the price of Oil appreciates, and low and behold, so too does your purchase (whichever that may be), in fact it appreciates 20% over two months. Nice! Then something strikes you. You look at your financial statement only to be reminded that your sale price has been converted back to Australian dollars; naturally, this is where you live and so too does your broker. Continue reading "The Currency Exchange Trap In Trading Global Markets" →