One of the most important principles of FX trading is pairing a weak currency with a strong currency. The reason for doing this is to increase the probability of the…
On Wednesday, we have the Australian monthly CPI indicator. This is expected to come in at 5.1% down from the prior reading of 5.4%. The way that inflation readings are…
Gold and silver both enjoyed a surge higher on the weak US CPI print from last Wednesday, July 12th, as could be anticipated. The headline came in below expectations at…
It was around the end of October and the start of November last year that traders started to look at China’s re-opening as an opportunity to get in early. At…
Sometimes markets are nearly eclipsed by a narrative and this is one of these times. The path of US interest rates has been uncertain since the start of the year.…
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…
As we start the week there is a big challenge for gold. Last week’s hot CPI print led to increased expectations of a 100bps rate hike. Short-term interest rate markets…
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…
Should the dip be bought? Gold prices rose 2.57% last week as markets firmed up the $1700 support level for gold. The question everyone wants to know is, ‘should you…
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,…