Dollar is Back in the Game
Rumours of a breakdown in negotiations have reignited investor interest in the US dollar. The risk of further currency interventions is mounting along with USDJPY. The US dollar rose by…
Silver: Deficits and upgraded forecasts – TD Securities
TD Securities raises its outlook for Silver and PGMs despite near-term correction risks similar to Gold. The team upgrades Silver and PGM forecasts over the next two quarters and further…
Swedish Krona: Range trading outlook versus Euro – Rabobank
Rabobank’s Senior FX Strategist Jane Foley focuses on the Swedish Krona (SEK), noting that SEK has been the weakest G10 currency since the Iran war but has recently outperformed on…
USD is mixed to kickstart NA trading on June 2. What are the technicals telling traders?
The USD is mixed but little changed to start the new trading day. In the video above, I focus on the three major currency pairs—EURUSD, USDJPY, and GBPUSD—from a technical…
Trump says Hormuz deal is “looking good” but his credibility gap keeps markets on edge
Trump said he brokered a halt to Israel-Hezbollah fire and expects an Iran deal to reopen the Strait of Hormuz within a week, though markets remain deeply sceptical of his…
US Dollar: Fed data support firmer Dollar – BBH
Brown Brothers Harriman’s Elias Haddad notes that the May ISM manufacturing index points to a more restrictive Federal Reserve (Fed) stance and a firmer US Dollar (USD), with the headline…
Gold nudges back up today but still caught in a bit of a technical bind
The push and pull continues for gold, as traders are still trying to make sense of what to do with the US-Iran situation. Deal or no deal? That remains the…
Gold analysis shows it repaired higher. See my targets.
Gold futures technical analysis: GC repairs higher, but traders should not chase into upper-range resistancePrediction Score: +3 / +10Reliability / Confidence: Medium-lowMarket state: Bullish repair with upper-range congestionGold repairs to…
GBP/USD in a State of Uncertainty: Risks Remain, but Market Reactions Are Muted
GBP/USD showed little movement on Tuesday, holding steady at 1.3453. The pound remains within its established trading range as investors continue to assess the progress of negotiations between the US…
Eurozone inflation accelerates: Why is the Euro pulling back?
The Euro (EUR) nudges higher against the US Dollar (USD) on Tuesday, although the pair has retreated from session highs at 1.1650, trading at 1.16440 at the time of writing.…
