USD/JPY Retreats Lower As Dollar Bulls Take Back Seat

In focus today Focus is on the German inflation data for September. Last week both the French and the Spanish inflation prints came in lower than expected and it will be very interesting to see if this is echoed in the German data. Focus for the remainder of the week will primarily be on the […]

Gold has experienced increased volatility over the past seven days, falling 4.4% from Friday’s high to Monday’s low and then rising 2.5% from the low. Much of gold’s recovery on Thursday was in tandem with a massive rally in equities in response to some improvement in weekly jobless claims. Technically, gold was able to find […]

Asian stocks were mixed today, influenced by weak Chinese data and uncertainty around US Federal Reserve policies. Fed Chair Jerome Powell’s cautious stance on cutting interest rates and stronger-than-expected US inflation data have reduced expectations for a December rate cut. This shift has strengthened the US Dollar and boosted Treasury yields. Traders are now closely […]