Where next for the USD?

The latest CFTC positioning shows that asset managers have been continuing to add to dollar short positions as a recent string of US data has shown that the US economy…

Gold and silver selling ahead?

Gold and silver markets have both been pressured over the last few weeks on expectations of aggressive Fed hikes. On Tuesday this week both headline and core inflation printed at…

Sell the EURJPY rally?

On Friday the Eurozone Global Composite PMI print for July dropped to 49.4 from 51.0. This was below the minimum expectations for a print of 50. On top of this,…