The “crypto president” says he wants all remaining Bitcoin “to be made in the US”
And he’s now saying that he wants all remaining Bitcoin “to be made in the US”, whatever that means. He’s probably trying to promote the idea that he will be…
Read More »Market Update – Risk Sentiment Slips, Gold, VIX Better Bid as US CPI and FOMC Near
Risk markets are on the backfoot as US trading starts, with European indices continuing this week’s move lower. Gold has stabilized and is using chart support to push higher.
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2558 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »Gold price languishes near one-month low amid renewed rate jitters, bullish US Dollar
Gold price (XAU/USD) gained some positive traction on the first day of a new week and reversed a part of Friday’s post-NFP slump to the $2,287-2,286 area, or over a…
Read More »Japan finance minister Suzuki crossing the news wires, doesn’t mention the yen
Japan finance minister Suzuki says important we continue efforts to achieve fiscal health usage of frozen Russian assets needs to be in compliance with international law. And that’s it so…
Read More »US Dollar clings on to gains with Europe hangover after EU elections
The US Dollar (USD) is locking in gains against most of its major peers, with antipodes Aussie Dollar (USD/AUD) and New Zealand Dollar (USD/NZD) as outliers, after Nonfarm Payrolls data on…
Read More »Euro, CAC 40 Sink on French Snap Election Call; EUR/USD and EUR/GBP Latest
French President Emmanuel Macron called a snap election after his party suffered a heavy defeat to the far-right National Party at this weekend’s European elections.
Read More »Gold Technical Analysis – The price is near a key support zone
Fundamental Overview Gold had a really bad Friday last week as it suffered one of its worst days in several months. The reason for the selloff was due to two…
Read More »Eurozone Sentix Investor Confidence increased to 0.3 in June from previous -3.6
Eurozone Sentix Investor Confidence increased to 0.3 in June from previous -3.6
Read More »Far-right movement makes waves in Europe over the weekend
The French president decided to call a snap election in a last ditch effort to try and salvage the situation. Marine Le Pen’s National Rally faction looks set to win…
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