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Symbol | Exchange | Currency | ||
---|---|---|---|---|
DX | Derived | USD | Real-time | |
DXc1 | ICE | USD | Delayed | |
DXc2 | ICE | USD | Delayed | |
DXc3 | ICE | USD | Delayed |
Cross-market volatility levels remain low as expectations of early easing from the Fed ebb and flow. It is another quiet day for the data calendar and calm conditions are seeing yen-funded carry trade...
Can pigs fly? Perhaps they can, but with US stock markets soaring and wage pressures intensifying, it’s very hard to see the Fed engaging in aggressive rate cuts. The current action of the...
The US dollar extended its gains on Monday after a strong ISM services PMI report only added to the view that the Fed would not be in a hurry to ease policy following Friday’s robust jobs...
Recent US economic data, particularly in the manufacturing and services sectors, have strengthened the US dollar. This has created a bearish scenario for GBP/USD, with a key support zone at 1.2530 and...
Stocks finished lower today, following a hotter-than-expected ISM services index. The jump in the prices paid index was the largest since 2012, surpassing all of the data from 2021 when inflation was...
The US dollar surged to an 8-week high last week, fueled by robust economic data and a hawkish stance from the Fed. After strong data, the Fed might reconsider the three-rate cut plan for 2024,...
Gold faces the risk of retracing recent gains after closing lower on Friday, reacting to a robust US jobs report and a strengthening dollar. The light economic calendar for the week suggests a...
This week won’t have the excitement of the past week, but it could be one of those weeks that catch us by surprise, too. Earnings season is still rolling forward, although 230 out of the 500...
Since I predicted a steep fall in the gold futures while writing my last analysis, April gold futures closed Friday with a loss of $17. Precious metals on Friday retreated as Friday’s...
The focus in FX markets today is on whether US employment continues on its benign downward path and represents the economy coming into ‘better balance’. Of interest will be whether...
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