Dollar Rises As Markets Price Out Quick Iran Deal And Price In Higher Fed Rates
Dollar regained momentum today as two important market narratives moved in its favor simultaneously. First, investors ... Read more
Market Heard Japans Intervention Warning. But USD/JPY 160 Test Still Alive.
The Japanese Yen bounced slightly briefly after fresh intervention warnings from Tokyo, but the market’s overall mes... Read more
Bitcoins Next Stop Could Be $60k. The Bigger Risk May Be $40k.
Bitcoin is flashing increasingly bearish signals at a time when many traditional risk assets continue to look remarkab... Read more
Yen Nears 160 Again As Markets Demand More Than A Token BoJ Hike
The Japanese Yen is once again approaching the intervention red line around 160 per dollar, despite growing confidence... Read more
Stronger Eurozone Inflation Gives EUR/CAD A Floor. But Can It Break The Ceiling?
Eurozone inflation has given EUR/CAD a reason to stay bid, but perhaps not yet a reason to break much higher. The stro... Read more
Gyrostat June Market Outlook: When Low Volatility Conceals Structural Risk
This monthly Gyrostat Risk-Managed Market Outlook does not attempt to forecast market direc... Read more
Golds 4,400-4,600 Standoff To Be Decided By The Next Iran Headline
Gold is trapped between two competing narratives, and neither side is winning decisively. Last week, the precious meta... Read more
Brent Oil Challenges 97.81 As Iran Halts Talks. Peace Trade Faces First Real Test
Just as investors were becoming comfortable with the idea of a US-Iran agreement, oil markets received a sharp reminde... Read more
Trump Says “Relax”, Markets Appear To Be Listening Despite Ongoing Iran Tensions
For a market supposedly obsessed with geopolitics, investors appear remarkably calm. The proposed US-Iran agreement re... Read more
Japan Spent ¥11.7 Trillion Defending USD/JPY 160. Traders May Test It Again This Week
For a few days in early May, it looked as though Japan had successfully pushed back against Yen weakness. The Ministry... Read more
Markets Face Twin Tests: US Jobs Data And An Unsigned Iran Deal
Markets enter the new week balancing two major uncertainties: whether a proposed US-Iran ceasefire extension can evolv... Read more
US-Iran Endgame In Sight? Markets Vote For Peace As Oil, Yields And Dollar Fall
The dominant story across financial markets last week was not artificial intelligence, central banks, or economic data... Read more
Stocks Celebrate Peace And AI Boom, FX Markets Stay More Cautious
Global markets are ending the week firmly in risk-on mode, but the enthusiasm is far from evenly distributed. Equity i... Read more
EUR/USD Stalls Below 1.1660 As Dollar Refuses To Break Despite US-Iran Ceasefire Extension
Markets have spent the past 24 hours receiving what should have been overwhelmingly Dollar-negative news. Negotiators ... Read more
RBNZ Hints At Bigger Hikes As Kiwi Surge Accelerates: NZD/JPY And AUD/NZD Analysis
The New Zealand Dollar extended its powerful rally on Friday as investors interpreted the latest comments from Reserve... Read more