Explosion reported in Tel Aviv – cause is unclear – looks to be near US consulate
The US dollar has popped. But gold has dropped. Correlation is not necessarily causation. There is no other fresh news about. The reports are not on mainstream media, only social…
Read More »US Dollar Slumps After Inflation Eases Further – Stocks, Gold, and Silver Rally
The US dollar fell sharply after the latest US CPI data showed inflation easing by more than forecast. US stocks and gold are rallying into the US open.
Read More »Japanese Yen Analysis – USD/JPY Trims Losses; Official Intervention or Jawboning?
The Japanese Yen rallied sharply against the US dollar Thursday after weaker-than-expected US inflation data sent the greenback tumbling. Did the BoJ boost the Yen rally?
Read More »US Dollar prolongs losses despite strong PPI data
The US Dollar Index (DXY) remains weak on Friday, sitting at April lows.
Read More »Gold price sticks to intraday losses amid modest USD uptick, holds above $2,400 mark
Gold price (XAU/USD) rallied to the $2,424-2,425 area on Thursday, or its highest level since May 22 in reaction to another tame US inflation report, which boosted expectations that the…
Read More »Gold (XAU/USD) Slips After the PBoC Step Back from Buying for the Second Month
The price of gold slipped Monday after data showed that the People’s Bank of China (PBoC) left its gold reserves untouched in June.
Read More »US Dollar (DXY) Back to Flat on the Day After German Inflation and US ISM Data
The US dollar opened the week lower, knocked back by Euro strength, but is now trading at its best levels of the session after the latest German inflation data and…
Read More »Forexlive Americas FX news wrap: Benign PCE report collides with tumultuous politics
US May core PCE +0.1% vs 0.1% expected UMich June final consumer sentiment 68.2 vs 65.6 prelim Canada April GDP M/M 0.3% vs. 0.3% expected Joe Biden says he isn’t…
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