It’s FED Day – How Will Gold and Silver React

The FED reports its decision on interest rates at 2:00 EDT, which should create some action in the metals, equities, bonds and currencies. For now, we can assume those markets have priced in a .25bps rate cut and only a surprise up or down should create movement...

By | October, 30, 2019|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

American Express Playing With FX

FBI Investigating AmEx

The Federal Bureau of Investigation has launched a probe into pricing practices within American Express Co.’s foreign-exchange unit. The investigation is in its early stages and is focused on whether the foreign-exchange international payments department misrepresented pricing to clients in order to win their business...

By | September, 6, 2018|Categories: Articles, Featured|Tags: , , , , , |0 Comments