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The US dollar is poised for potential shifts with today's CPI report, impacting major pairs like USD/JPY and USD/CAD Inflation expectations are set relatively high, meaning risks are skewed in favor...
The US dollar is under pressure as the pound, and euro attempt a recovery, raising doubts about its upward trajectory. The dollar's recent easing is due to a minor rebound in risk appetite, a lack...
Stocks finished the day lower, which hasn’t happened much recently, in a sudden turn mid-day.There was no good explanation for the sudden turn, but I think if you have been reading me for any...
The EUR/USD faces a key test in the next week and a half. We will have lots of key data and rate decisions from both the Federal Reserve and European Central Bank to come during this period. Ahead of...
Another day brings another set of data to support further Fed tightening. That should be the main story with the release of US personal income data and the core PCE deflator for May. Barring a data...
This week Fatih Birol, the Executive Director of the International Energy Agency (IEA), said that Europe's energy market faces 3 key challenges this year. So despite signs of improvement, is...
FX markets continue to be buffeted by opposing forces and are struggling to define short-term trends. Despite some positive Chinese activity data, Asian currencies are not rallying, suggesting that...
Fed Chair Powell opened the door to a 50bp hike and hinted at a higher peak rate in his semi-annual testimony. This was a reminder that picking the top in the dollar rally remains too risky....
Repricing of interest rates has seen US dollar surge CAD victim of drop in risk appetite and oil prices Breakout above key resistance means path to the upside The USD/CAD has finally joined the other...
EU attempting to revive Iran nuclear deal with market staying pessimistic Crude prices could rebound from oversold conditions but stay off 2022 highs Both Iran, US likely looking for 'win' or...
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