Ed Moya – Recap This Month’s Moves In Us Markets, USD and Cryptocurrencies

January 31, 2022

Ed Moya, Senior Market Analyst at OANDA joins us to recap the moves in financial markets this month to kick of 2022. We start with the pullbacks in US markets, with the S&P down around 6%, Dow down 4% and NASDAQ down 10% just this month. This brings in the question of if investor mentality and overall strategy has changed from the buy the dip strategy.


We also look at currencies especially the US Dollar, which corrected in the first half of month and shot much higher by the end of the month. Currency moves tie a lot into central bank policy and economic data compared to other countries. To wrap up the interview we have Ed comment on the big pullback in Bitcoin and cryptocurrencies.




Click here to visit the OANDA website and keep up to date on Ed’s daily market note.

    Jan 31, 2022 31:21 PM

    Biden says everyone please pay thier fair share, we’ll go to flat tax, example
    Pay 5 percent on income whether it’s$1 or $1 billion, no write offs for all from individuals to all companies or billionaire.
    Then mandatory balance budget, all Americans will be equal and STD of living will be better.
    Heck all politians in DC get free insurance for life, WHY !! They all can afford to pay just like all other Americans. They can do insider trading on info from thier committee and are above law tired of it all, both parties.

      Jan 31, 2022 31:20 PM

      To be sure, 5% for all would be great compared to what we have now but a flat tax is a dollar amount, not a percentage. Why should someone making $200,000 pay $10,000 while someone making $100,000 pays only $5000? Did the one making more money use more government services than the other? Not likely.

      One should not pay more or less than another but there’s a better case to be made for those making more to pay less since they are generally responsible for more economic output which translates to more prosperity and more jobs.

      Incomes are prices and are not set arbitrarily unless we are talking about incomes from government jobs. Like all other prices, private sector incomes are a reflection of supply-demand which is in turn a reflection of what market participants have voted for, uncoerced, with their own money.

      When it comes to property taxes, it’s even easier to make the case that everyone should pay the same dollar amount since those who build more expensive homes put more people to work. And the extra jobs don’t end when construction ends since more expensive homes are generally more expensive to maintain for their entire useful life.

      The current income and property tax rules are ridiculous and work against prosperity so well that a reasonable person might conclude that prosperity is the enemy of those in charge. Of course, that’s the case since prosperity brings independence and independent people are harder to rule. In addition, independent people are harder to trick since they generally have more time to educate themselves so politicians and others in government would be forced to behave very differently than they do today.

    Jan 31, 2022 31:04 PM

    It’s a little fishy when Chiefs blow a half time lead, win the O/T coin toss, yet lose the game, setting up the Rams to win the Super Bowl.
    It’s also fishy when SILJ is up 3.5% but IPT and SCZ are down 2-3% respectively.

    Jan 31, 2022 31:53 PM

    Taylor Dart positive on Karora(KRR). He’s also an owner of KRRGF shares.

      Jan 31, 2022 31:55 PM

      I concur with Taylor’s bullish outlook on Karora. They are nailing it with exploration, production growth, beating guidance, and they have a big year planned, followed by an even bigger 2023.

    Feb 01, 2022 01:31 AM

    Dollar Week : Closing The Gap : North Upon Completion?

    Feb 08, 2022 08:56 PM

    “Today, federal law enforcement demonstrates once again that we can follow money through the blockchain, and that we will not allow cryptocurrency to be a safe haven for money laundering or a zone of lawlessness within our financial system,” said Assistant Attorney General Kenneth Polite Jr. of the Justice Department’s Criminal Division.

    U.S. makes ‘largest financial seizure ever,’ taking control of $3.6 billion in Bitcoin stolen in 2016