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Copper Rallies on Supply Tightness & USD Weakness
Copper Rallies on Supply Tightness & USD Weakness

Copper Higher on FridayCopper prices are pushing higher again today ahead of the weekend as a combination of supply tightness and a softer US Dollar drive the market north again. Supply concerns have...

Gold Higher As USD Tumbles on Bond Yield Sell-Off
Gold Higher As USD Tumbles on Bond Yield Sell-Off

Gold Breaks OutGold prices are on course to end the week firmly higher today as the yellow metal capitalises on the current bout of USD weakness. Some softer data last week first sparked the sell off,...

FOMC Mins Fail to Revive US Dollar
FOMC Mins Fail to Revive US Dollar

Dollar Down AgainThe US Dollar remains weaker on the back of the July FOMC minutes released yesterday. Given that the minutes were interpreted as leaning more to the hawkish side, the price action...

Dollar Slides on Treasury Buyback Operations
Dollar Slides on Treasury Buyback Operations

Treasury SupportThe US Dollar is pushing lower today ahead of the upcoming FOMC minute due for release this evening. The move has been linked to news that the US Treasury will more than double its...

Bitcoin Shrugs Off Regulatory Delays
Bitcoin Shrugs Off Regulatory Delays

BTC Higher on TuesdayBitcoin prices are higher again today, extending yesterday’s rally off the month’s lows. The futures market remains firmly range-bound for now with price trading around the...

Dollar Softer As Traders Await FOMC Mins
Dollar Softer As Traders Await FOMC Mins

DXY Under PressureThe US Dollar is starting the week on a softer footing as a recent run of cooler US data sees near-term Fed tightening expectations fall back. Market pricing for a September hike...

Copper Pushing Back up To Highs As USD Sinks
Copper Pushing Back up To Highs As USD Sinks

Copper RallyingCopper prices are pushing higher ahead of the weekend with the futures market benefiting from the current bout of USD weakness we’re seeing. The greenback has turned heavily lower on...

Dollar Slide Deepens
Dollar Slide Deepens

FOMC FalloutThe US Dollar has fallen sharply through the back of the week with the DXY down almost 2% from the week’s highs. The bulk of the reversal was driven by the July FOMC meeting on Wednesday...

Dollar Falls Following FOMC
Dollar Falls Following FOMC

Fed Holds SteadyThe US Dollar is seeing better demand today after a sharp drop lower yesterday in response to the July FOMC meeting. The Fed held rates steady as expected with three members dissenting...