Currency markets tend to reflect both political and economic events. Monetary policy is set by central banks and monetary authorities who control short-term interest rates.
Articles by Andrew Hecht
Andrew Hecht is a commodity and options trader and analyst. He spent nearly 40 years on Wall Street, including two decades at Phillip Brothers, later Salomon Brothers and part of Citigroup. He executed some of the largest trades in precious metals and bulk commodities as well as booking ships, armored cars, and trains for transport. He has worked with the United Nations and maintains a global network of sources.
Andy is a top contributor at Seeking Alpha and other sites, a university guest lecturer, and consultant. His radio show, "The Commodities Hour with Andy Hecht," airs Tuesdays and Thursdays 5-6 PM EST on TFNN. Andy’s first book How to Make Money with Commodities, has received excellent reviews.
There have been bullish and bearish factors pulling the U.S. stock market in opposite directions for quite some time.
By Andrew Hecht, October 15, 2018
Japan has battled its demographic demons for decades. The low birth rate and aging population in the Asian nation have been eating away at productivity like financial cancer.
By Andrew Hecht, October 12, 2018
The summer of 2018 was an ugly time for the silver market.
By Andrew Hecht, October 08, 2018
On Thursday, September 26 the Federal Open Market Committee of the United States Federal Reserve increased the short-term Fed Funds rate by 25 basis points.
By Andrew Hecht, October 05, 2018
While many industrial commodities prices have declined under the weight of a stronger dollar since February and the ongoing trade dispute between the U.S.
By Andrew Hecht, October 01, 2018
Natural gas can be one of the most volatile commodities of that trade in the futures market.
By Andrew Hecht, September 28, 2018
In December 2017 the price of Bitcoin reached a high of over $19,000 which was amazing considering it started that year at below the $1000 level.
By Andrew Hecht, September 24, 2018
At the June meeting of the Federal Market Open Committee, the US central bank provided guidance that they plan to add another rate hike to their agenda for 2018.
By Andrew Hecht, September 21, 2018
In June 2016 the citizens of the United Kingdom narrowly voted to exit the European Union.
By Andrew Hecht, September 17, 2018
The United States took a hard line against trading partners over recent months as the Trump administration seeks to fulfill promises made on the campaign trail.
By Andrew Hecht, September 14, 2018
In July, the price of silver fell to a new low for 2018. In August, it declined below the $15 per ounce level for the first time since 2016.
By Andrew Hecht, September 10, 2018