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Dollar Higher Despite Drop in October Hike Pricing
Dollar Higher Despite Drop in October Hike Pricing

Soft PCE Data, Stronger GDPThe US Dollar is continuing to push higher today despite further data weakness seen yesterday and a fresh drop in market pricing for an October rate hike. Yesterday, monthly...

EURUSD Hits 17-Month Lows
EURUSD Hits 17-Month Lows

ECB/Fed Divergence GrowingEURUSD has hit 17-month lows today as a combination of weakened ECB tightening expectations and a stronger Dollar weigh on the pair. While both the Fed and the ECB are...

Dollar Rally Pauses On Soft Data
Dollar Rally Pauses On Soft Data

DXY StallsThe US Dollar is lower today amidst a downturn in Fed rate hike expectations on the back of softer US data yesterday. Weak US consumer sentiment and JOLTS job openings numbers saw market...

Silver Holding Bull Trend Line For Now
Silver Holding Bull Trend Line For Now

Shifting Fed ExpectationsSilver prices are stabilising today following continued declines this week. The market has been knocked heavily lower this month amidst rising Fed tightening expectations....

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Gold Falls On Oil & USD Strength

Gold PlungesGold prices are on watch today after the futures market plunged to fresh lows for the month yesterday amidst the ongoing USD rally. A hawkish shift in traders’ Fed expectations has weighed...

Big Week For USD: NFP On Watch
Big Week For USD: NFP On Watch

Hawkish Fed ExpectationsThe US Dollar is on watch this week as traders brace for the latest NFP report on Friday. Pricing for a Fed rate hike in October rose to around 70% last week from just above...

Copper Drops On Hawkish Fed-Speak & Weak China Data
Copper Drops On Hawkish Fed-Speak & Weak China Data

Copper Sinks on MondayCopper prices have started the week under heavy selling pressure with the futures market down around 2.7% on the session as traders digest weak data from China and mull its...

Dollar Higher As Fed Rate Hike Bets Soar
Dollar Higher As Fed Rate Hike Bets Soar

Hawkish Fed-Speak ContinuesThe US Dollar is on course to end the week firmly higher as rising treasury yields underscore the focus on Fed tightening expectations. A raft of hawkish Fed commentary this...

Swissy Pushes Higher Following SNB Meeting
Swissy Pushes Higher Following SNB Meeting

Dovish Hold From The SNBUSDCHF remains firmly higher today after the SNB rates meeting yesterday. The bank held rates unchanged, as expected, but bulls were caught off guard as the bank struck a less...