VIX Trends and Serious Fundamental Threats Make Markets Vigilant to Financial Threats
We opened the month of October and the final quarter of the year with a strong rally from the S&P 500 and other risk measures. However, the swell may have…
EUR/USD Rate Rebound Struggles Ahead of Former Support Zone
The rebound in EUR/USD appears to be stalling ahead of the former support zone around the July low (0.9952) as it struggles to extend the series of higher highs and…
Gold Prices May Rise Short-Term After Soft US ISM Data Crushed the US Dollar
Gold prices rallied the most in months after soft US ISM Manufacturing PMI cooled Fed rate hike bets. A softer US Dollar may support XAU/USD in the near term. What…
Bitcoin Aims at 20,000 After Risk-On Move Weighs on US Dollar
Bitcoin prices are targeting the 20,000 psychological level after an overnight risk-on move that weighed on the US Dollar and supported equity indexes. That move may extendi into today’s APAC…
AUD/USD Rate Vulnerable to Dovish RBA Rate Hike
The Reserve Bank of Australia (RBA) interest rate decision may do little to shore up AUD/USD as the central bank shows little interest in carrying out a restrictive policy.
Market Recap: US Equity Indices Bounce to Begin Q4
Major U.S. stock indices rally as US Treasury yields and USD fall after a weaker-than-expected PMI figure suggests that rising interest rates have cooled demand for goods
FX Week Ahead – Top 5 Events: RBA Rate Decision; RBNZ Rate Decision; US ISM Services; Canada Jobs Report; US NFP
The middle of September has inflation data and labor markets in focus.
Gold Performance in Midterm Election Years – There’s a Bigger Trend Elsewhere
Any direct connection between gold prices and midterm elections may be spurious, at best.
British Pound Soars as Truss Cans Tax Cut Plan. Will GBP/USD Extend its Recovery?
Sterling rose on Monday as the market cautiously welcomed the UK government's decision to scrap a tax cut plan that would have weakened the country's fiscal accounts.
S&P 500 Surges to Start Q4 –Do You Tail or Will it Fail?
Equities roar to life following a tough Q3 and poor end to September.