Yields Break First As Markets Wait For Inflation Confirmation
Last week delivered no shortage of market-moving headlines, yet remarkably few decisive market moves. Investors had to... Read more
Markets Stay In Wait-and-See Mode As Canada, Japan And Oil Offer No Breakthrough
Currency markets is heading to the end of the week on a subdued note as a series of developments across Canada, Japan ... Read more
Yen Jumps As Markets See Katayamas Pension Fund Push As Structural Fix For Currency Weakness
Yen strengthened broadly today after Japanese Finance Minister Katayama said Tokyo wants to encourage pension funds, i... Read more
NZD Leads On Growth Optimism While CAD Awaits Jobs Test
New Zealand Dollar outperformed across the board today after a much stronger-than-expected manufacturing survey reinfo... Read more
GBP/CAD Hits Decade High As USMCA Shock Adds New Driver Ahead Of Jobs Data
GBP/CAD climbed to its highest level in a decade this week, reflecting an increasingly powerful divergence between a P... Read more
Gold And Silver Bears Need One More Trigger: Brent Above $80
Gold and silver have lost the momentum generated by their recent rebounds, but sellers have yet to secure the decisive... Read more
Oil Tests A Return Of War Premium As Markets Await The Feds Hidden Debate
Markets were driven by two competing sources of uncertainty today as Brent crude surged toward the $80 mark while inve... Read more
Iran Strikes Give Oil Bears A Reason To Cover—Not A Reason To Panic
Fresh US airstrikes against Iranian targets finally gave oil bears a reason to blink. Brent crude rallied back above $... Read more
NZD/USD Recovers After RBNZ, But Higher Bar For Next Hike Caps Rally
The New Zealand dollar received the boost that normally accompanies a rate hike, but the rally quickly lost momentum. ... Read more
The Next Dollar Catalyst Is CPI. The Bigger Story Is Inside The Fed.
Financial markets spent much of today’s session waiting rather than reacting. Most major currency pairs traded comfo... Read more
Bitcoin Passed A Key Stress Test, Now Comes The Hard Part
Bitcoin may have delivered one of its most encouraging signals in weeks, but it was not the rebound itself that matter... Read more
GBP/CHF Nears Trend-Reversal Zone As Political Risk Fades And Sterling Shorts Unwind
Sterling’s rally has been about more than better sentiment toward the UK. It has been driven by the disappearance of... Read more
USD/JPY Bulls Return As Japans Intervention Window Closes
USD/JPY bulls are back. After last week’s intervention scare briefly knocked the pair lower, Yen selling returned to... Read more
Gold Finds Support At $4,000, But Only Softer Inflation Can Fuel The Next Rally
Gold found its footing above $4,000 after June’s disappointing US payrolls report triggered broad-based Dollar selli... Read more
NZD/USD Bears Await RBNZ Verdict After Relief Rally
Last week’s post-US NFP rebound has given NZD/USD some breathing room, but it has done little to convince traders th... Read more