Another Truss Moment? – Action Forex
The selloff in US treasuries continued yesterday over concerns that Donald Trump’s presidency would boost spending and inflation in the US, and make the Federal Reserve’s (Fed)…
Markets Took Aim at UK Assets
Markets Markets took aim at UK assets. Both gilts and sterling suffered steep losses. Yields soared another 4.5-11.3 bps. The 10-yr yield (+11.3 bps to 4.79%) surpassed…
Markets await comments from Fed officials ahead of Friday’s job report
Here is what you need to know on Thursday, January 9: The US Dollar (USD) gathered strength against its rivals for the second consecutive day on Wednesday…
Why Gold Just Dropped After Hitting 4-Week High: What’s Next?
xau-usd Arslan Butt•Thursday, January 9, 2025•2 min read Add an article to your Reading List Register now to be able to add articles to your reading list….
Gold’s gains appear dubious, and could sucker-punch bulls
Fundamentally and technically, gold appears to be a much-loved asset. And one that seems more likely than not to outperform as the year progresses due to safe-haven…
Mexican Peso Retreats Amid Donald Trump Concerns
eth-usd Ignacio Teson•Thursday, January 9, 2025•1 min read Add an article to your Reading List Register now to be able to add articles to your reading list….
Wall Street Closes Mixed After a Day of Volatility
eth-usd Ignacio Teson•Thursday, January 9, 2025•1 min read Add an article to your Reading List Register now to be able to add articles to your reading list….
Gold Strengthens: Bulls Set Sights on Bigger Moves
Key Highlights Gold started a fresh upward move above the $2,625 resistance. A key bullish trend line is forming with support at $2,620 on the 4-hour chart….
Back half of the week brings key datapoints as NFP looms ahead
Markets roiled on Wednesday but mostly stuck within tight ranges as investors gear up for a hectic release schedule ahead of Friday’s key US NFP jobs print….
ADP and FOMC Minutes on the Menu
In focus today From the US, ADP’s private sector employment report for December will be released in the afternoon, and FOMC’s December minutes are due for release…