Intervention Or Surrender? How Far Is Japan Willing To Draw On Its $1.3 Trillion War Chest?
Japan’s latest reserve data have transformed the debate around the Yen. The question is not whether Tokyo is willing... Read more
NFP Is A Gatekeeper For Fed Policy And Golds Next Move
Gold traders have spent the past week waiting. After falling steadily from 4,889.24, the precious metal has settled in... Read more
Dollar Falls As Peace Hopes Return, But Risks Havent Gone Away
Financial markets traded with a mixed tone today as investors tried to balance fresh signs of diplomatic progress in t... Read more
USD/CAD Surges On New US Tariff Threats. A Break Above 1.40 Could Change Everything.
Usually, rising oil prices have generally been a source of support for Canadian Dollar. This week, however, that relat... Read more
EUR/CHF And GBP/CHF Gain Breakout Momentum As US-Iran Stalemate Keeps Oil Elevated
Swiss Franc has emerged as one of the weakest major currencies this week. As US-Iran negotiations drag on without a cl... Read more
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