Loading...

dollar

Gold Testing Key Support As USD Breaks Out
Gold Testing Key Support As USD Breaks Out

USD Rally Hurts GoldGold prices are coming back under heavy selling pressure this week with the futures market now testing last week’s YTD lows. The move comes amidst a fresh push higher in USD which...

Intervention Risks Soar As USDJPY Tests 2024 Highs
Intervention Risks Soar As USDJPY Tests 2024 Highs

USDJPY Testing Intervention LevelsUSDJPY is on watch this week as the pair continues to push higher amidst intervention warnings from Japanese officials. Rate is now above the 160 level which has...

Copper Sinks Amidst USD Rally & Weaker Demand Signals
Copper Sinks Amidst USD Rally & Weaker Demand Signals

Copper Heavily SoldCopper prices are plunging today as a fresh move higher in USD hits demand expectations in the red metal. HG futures are down almost 3% on the day as the reversal from all time...

Dollar Higher As Trump Threatens Iran
Dollar Higher As Trump Threatens Iran

US/Iran Tensions Rise AgainThe US Dollar is starting the week with an upbeat tone as traders eye incoming headlines around US/Iran peace talks (specifically pertaining to the Strait of Hormuz) and...

Hawkish Fed Shifts Blunts Gold Rally
Hawkish Fed Shifts Blunts Gold Rally

Gold Rally Capped for NowGold prices are caught between two opposing drivers currently. On the one hand, news of the US/Iran peace deal is feeding into bullish gold sentiment via lower oil prices....

Pound Plunges Ahead of BOE Meeting
Pound Plunges Ahead of BOE Meeting

BOE In FocusGBPUSD is coming under heavy selling pressure today ahead of the June BOE meeting. The BOE is widely expected to keep rates on hold and on the back of recent data weakness, risks of a...

Dollar Soars On Hawkish Fed Shift Under Warsh
Dollar Soars On Hawkish Fed Shift Under Warsh

Hawkish Fed ShiftThe Dollar Index is trading back above the $100 level today after a hawkish shift at the June FOMC yesterday evening, the first under new chairman Kevin Warsh. There are a few key...

Dollar Off Highs Ahead of June FOMC Tonight
Dollar Off Highs Ahead of June FOMC Tonight

FOMC Up NextThe US Dollar is on watch today as traders brace for the June FOMC meeting this evening. The meeting, which will be the first under new chairman Kevin Warsh arrives against a changing...

Oil Sinks As Trump Claims War Is Ended
Oil Sinks As Trump Claims War Is Ended

Crude Plunges On Iran HeadlinesCrude prices have fallen to their lowest level since mid-April today with the futures market reversing heavily from yesterday’s highs. Optimism around a potential...