Monday started with a risk-positive footing after the miss from the US ISM Manufacturing data. A miss across the board sent investors running to sell the USD, buy gold and…
On Friday we have CAD jobs data and the US NFP data. Both reports are worth catching and here is the outlook and what to look out for. Canadian jobs…
The Fed is widely expected to hike interest rates by 75bps this Wednesday. Short-term interest rate markets are seeing it as a 100% probability and the same markets have a…
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…
Recently we noted that silver prices had fallen over recent weeks on aggressive Fed hiking expectations and strong USD bids. This has led to notable selling pressure in both gold…
This week was dominated by the hot US inflation print on Tuesday. Markets were expecting another dip lower in US inflation, but the headline and the core readings came in…
The Directional Movement Index is a great technical tool that helps you see the direction of the market and whether the market is making gains or losses. That’s easy, you…
Silver prices have fallen over recent weeks on aggressive Fed hiking expectations and strong USD bids. This has led to notable selling pressure in both gold and silver. This week…
The main data focus for today is the US CPI print as markets will use it in order to try and time the pace of future US rate hikes. The…
One of the best trading opportunities comes from the NFP this Friday. Since the last speech from Jerome Powell at Jackson Hole markets have been pricing in a continued aggressive…