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Dollar Rallying As FOMC Minutes & NFP Eyed

DXY Bid on MondayThe US Dollar is looking a little firmer today as we kick off a big week for the greenback. With the US govt shutdown resolved, we’ll finally start to see those postponed readings...

Hawkish Fed Remarks Stem USD Selling

Dollar Bounces on Fed CommentsThe US Dollar is seeing some tentative demand today with the DXY seen bouncing of the lows yesterday in response to hawkish Fed comments. Minneapolis Fed president...

Gold Soaring As USD Tanks on US Data Expectations

Gold Pushing Higher AgainGold prices are soaring higher on Thursday with the futures market back above the 4,200 level and retest of YTD highs in coming sessions. Fresh USD weakness in response to the...

USDJPY Testing 155 - Intervention Risks Growing

Rally ContinuesUSDJPY continues to push higher here with the pair hitting 9-month highs today, closing in on a test of the YTD highs now just around 100-pips above. The move comes despite continued...

Dollar On Watch With House to Vote on Shutdown Bill

DXY Rising Mid-WeekThe US Dollar is seeing a better bid today though remains down from recent highs as uncertainty around the US govt shutdown and Fed expectations continue to muddy the outlook....

Copper Rallies on US Shutdown Optimism

Shutdown OptimismCopper prices saw a sharp move higher yesterday as risk assets cheered an expected end to the US govt shutdown. News that a compromise bill achieved enough bipartisan support to pass...

Bitcoin Recovery Move Losing Steam

 BTC Offered on TuesdayThe fate of bitcoin continues to hand in the balance this week. Following a heavy reversal lower from the record highs printed in October, the market has found support at the...

US Stocks Rally Shutdown Optimism

Shutdown ProgressUS stocks look poised for a fresh move higher today as traders welcome signs that the US govt shutdown is finally coming to an end. Talks over the weekend between US senators resulted...

Gold Soaring on US Data Weakness

Gold Pushing HigherGold prices are soaring on Monday with the futures market up around 2% on the day already. The move higher comes on the back of the consolidation we’ve seen over the last two weeks...