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Crude Oil, Bitcoin, & The Dollar: The Trend Is Definitely Lower

Crude Oil, Bitcoin, & The Dollar: The Trend Is Definitely Lower

FromSchwab Network


Crude Oil, Bitcoin, & The Dollar: The Trend Is Definitely Lower

FromSchwab Network

ratings:
Length:
7 minutes
Released:
Apr 18, 2023
Format:
Podcast episode

Description

The trend is definitely lower, so now we've gone from maybe people trying to buy dips to sell rallies and that's something to watch, notes Chris Robinson. He monitors recent price action in the U.S. dollar (/DX). The U.S. dollar hit a new year-to-date low last week. He also talks about catalysts for today's weakness in crude oil (/CL). He then discusses how bitcoin (/BTC) falls back below $30,000. He then goes over how the issues with the big banks benefitted bitcoin and gold (/GC). Tune in to find out more about the stock market today.
Released:
Apr 18, 2023
Format:
Podcast episode

Titles in the series (100)

A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.