FX Update – January 8 – USD Continues to correct on Jobs Day
USDJPY, H1 The dollar’s correlative pattern with stock markets has inverted, with the currency now rising in step with rallying global stock markets. The catalyst for the change was the…
Read More »Market Update – January 5 – Georgia on everybody’s mind
USDCAD, Oil & Gold The Dollar has been trading steadily so far today after yesterday rebounding quite sharply from 33-month lows. This has come amid a backdrop of sputtering stock…
Read More »Focus on the Data, but Politics Still in Play
After last week’s focus on US stimulus, Brexit, vaccine roll outs, virus worries, and lockdowns, attention will turn back to fundamentals with heavy data slates around the world. However, politics…
Read More »US Dollar, Yen and Gold Rise as Wall Street Stocks Swoon to Start 2021
The anti-risk US Dollar and Japanese Yen rose as stocks plunged at the start of 2021. Gold prices gained as bond yields fell. Runoff elections in Georgia are now in…
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