Comments by prominent Fed members cause a wild swing in future rate expectations, sending the dollar lower. Silver appears to be trading higher off key support
Weak factory activity data and rapidly falling prices paid by manufacturers in May could strengthen the case for the Fed to hold rates steady at its meeting this month, a…
Fed Governors came out and signaled their preference for a “skip” at the next FOMC meeting, sending the dollar lower. NFP up next as the major event risk ahead
Euro Area inflation fell across the board in May with both the core and YoY print beating forecasts. Despite the positive data, it is unlikely to deter the ECB from…
The New Zealand dollar undoubtedly looks weak against its peers as the market digests the possibility of NZ rates peaking. However, the NZ currency is running into some pretty tough…
The US Dollar struggled for direction on Thursday after the US debt deal passed through the House of Representatives ahead of the next hurdle. The market is now eyeing the…
There are a couple of things that stand out on the charts of the Japanese yen against the US dollar and the closely correlated US Treasury yields recently. Importantly, what…