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Dollar Treading Water Ahead of Fed
Dollar Treading Water Ahead of Fed

USD Hanging On… For NowThe US Dollar is turning lower again today after stabilising yesterday on the back of Friday’s plunge lower. The drop on Friday, which extended into a gap lower yesterday, was...

Dollar Grinding Higher Ahead of NFP
Dollar Grinding Higher Ahead of NFP

USD Higher Despite Mixed DataThe US Dollar continues to grind higher on Thursday with traders digesting a mixed set of US data yesterday, while awaiting the headline NFP release tomorrow. On the data...

Dollar Jumps As Q1 Easing Expectations Drop
Dollar Jumps As Q1 Easing Expectations Drop

Post-NFP BounceThe US Dollar is pushing higher today, following a recovery off yesterday’s lows as traders reacted to the November NFP release. The headline NFP number came in at 64k, above the 51k...

Crude Rallies on Venezuela Blockade News
Crude Rallies on Venezuela Blockade News

Crude Rebounding MidweekCrude prices are rebounding sharply higher today after yesterday falling to their lowest level since 2021. Crude futures briefly pierced below prior YTD lows before buying...

Big USD Volatility Risks Into NFP Today
Big USD Volatility Risks Into NFP Today

NFP Up NextThe US Dollar remains weak on Tuesday as traders brace for the delayed November NFP data which will be delivered today, alongside the November ADP figure and ISM manufacturing and services...

Gold Bulls Eyeing Record Breakout This Week
Gold Bulls Eyeing Record Breakout This Week

Strong Start for GoldGold prices remain buoyant at the start of one of the last big trading weeks of the year. A dovish shift in market sentiment last week saw USD falling as traders begin pricing up...

Dollar Drops On Fresh Fed Rate Cut
Dollar Drops On Fresh Fed Rate Cut

Fed Cuts AgainThe US Dollar is stabilising today after a sharp sell-off yesterday in response to the December FOMC. The Fed cut rates by .25% as expected and was a little more dovish than many were...

Crude Sliding on Ukraine Peace-Deal Speculation
Crude Sliding on Ukraine Peace-Deal Speculation

Oil Under PressureOil prices are turning lower again through the back end of the week with crude futures firmly in the red on Thursday morning. The move comes amidst speculation that a Russia-Ukraine...

Fed In Focus: Two-Way USD Risks Seen
Fed In Focus: Two-Way USD Risks Seen

USD On WatchThe US Dollar is on watch today as traders brace for the December FOMC meeting this evening. The Fed is widely expected to cut rates by a further .25% though it is unclear how dovish the...