A lot of what we’ve seen in recent weeks has been traders waiting for the Fed to back off on tightening because they’re used to being spoonfed liquidity. on Thursday after the Bank of...
Read More
2 Minutes
2 Minutes
Gold Forecast: Continues to Show Strength
You can see how influential it was earlier when we were down most of the year. The gold market was slightly higher during trading on Thursday, but remember it was Thanksgiving. In other words,...
Read More
1 Minute
FX Majors Weekly Outlook (25-29 July)
Wednesday: FOMC Policy Announcement. Thursday: US Q2 Advance GDP. Friday: US PCE. We closed the last week with surprisingly awful US PMI data. The services index in particular fell much lower than expectations to...
Read More