Category: Trading
The US Dollar remembers how to rally
The US Dollar Index (DXY) spent the back half of this week doing something most desks had written off six months ago: rallying on ...
Gold answers to the Fed, not the fear
Gold is supposed to be the asset you want when the world looks dangerous, which makes this week's price action quietly remarkable.
The Australian Dollar looks for an excuse to break rank...
The Australian Dollar spent this week as a passenger in someone else's trade.
The Euro sinks on its own rate hike
The Euro did something this week that ought to be impossible: it fell in the same fortnight the European Central Bank (ECB) delive...
The Canadian Dollar ditches Crude Oil for Gold
The textbook calls the Canadian Dollar a petro-currency, which means that with a Middle East war keeping Crude Oil bid, the Loonie...
Brent at $80: Did the market buy the Iran deal twice?
Brent is back near $80 and West Texas Intermediate near $77, which means the Oil market has handed back almost the entire premium ...
Indian Rupee weakens ahead of FX Reserves data
The Indian Rupee (INR) declines on Friday after registering modest gains against the US Dollar (USD) in the previous day. The USD/...
Forex Today: US-Iran talks called off, US Dollar extend...
Here is what you need to know on Friday, June 19:
Greece Current Account (YoY) rose from previous €-2.344...
Greece Current Account (YoY) rose from previous €-2.344B to €-1.389B in April
AUD/USD Price Forecast: Seems vulnerable near 0.7000; a...
The AUD/USD pair recovers a few pips from over a one-week low, touched earlier this Friday, though it lacks follow-through and cur...
Gold rebounds from one-week low; upside seems limited a...
Gold (XAU/USD) recovers slightly from over a one-week low, touched earlier this Friday, though the upside potential seems limited ...
Japanese Yen: Uptrend intact as 162 resistance nears – ...
Societe Generale’s Kenneth Broux notes that USD/JPY has resumed its advance after holding a multi‑month trendline near 157.40 and ...