Euro trading quietly around 1.09, FOMC minutes next
Eurozone and German Services PMIs weaken in June Markets looking for clues as Fed releases minutes o...
Archive
USD/JPY – Is Japan mulling an intervention?
Japanese Services PMI continues to expand Federal Reserve to release June meeting minutes on Wednesd...
EUR/GBP Technical: Still evolving in a medium-term downtrend
The medium-term downtrend phase of EUR/GBP in place since the 3 February 2023 high of 0.8979 remains...
EUR/USD eyes eurozone and German services PMIs
German and Eurozone PMIs expected to ease on Wednesday Fed releases minutes of June meeting on Wedne...
Oil rebounds, gold edges higher
Oil quickly loses momentum despite output curbs Oil prices are rising again today after giving back ...
RBA delivers a hawkish pause, Zuckerberg takes on Musk
It’s been a relatively quiet session with the US bank holiday naturally weighing on activity a...
Swiss franc steady after inflation dips
Swiss inflation lower than expected US markets closed on Tuesday Fed minutes will be released on Wed...
China’s proxy stock market rallied, hawkish pause for RBA
US-China geopolitical tension remains on heat after the latest China exports curb on key metals for ...
AUD/USD Technical: Positive momentum ahead of RBA
AUD/USD rallied by 97 pips from last Thursday, 29 June low of 0.6593. Staged a minor bullish breakou...
Manufacturing PMIs disappoint once more but services is what central banks are obsessed with
We may be seeing a bit of a trading lull at the start of the week with tomorrow’s US bank holi...
Oil rises on Saudi on Russian cuts, gold moves higher
Saudi and Russian cuts no game-changer for oil Oil prices were rising for a fourth session, with out...
Euro calm as manufacturing PMIs point to contraction
Manufacturing PMIs point to contraction across the eurozone but euro remains steady US ISM Manufactu...
Oil gets a boost from surprise Russia output cut news but falls on weak ISM report
Saudi Arabia commits to extending voluntary cut of 1 million bpd Russia to reduce oil exports by 500...
Little Fireworks during today’s shortened session! USD, ISM, Tesla
US stock market closes at 1 p.m. and the bond market closes at 2 p.m. EST and will stay closed for...
Canadian dollar drifting, ISM Manufacturing PMI next
Canada’s GDP surprises to the upside US PCE Price Index eases in June ISM Manufacturing PMI ex...
AUD/USD pares losses ahead of RBA rate decision
Money markets split on RBA decision on Tuesday US PCE Price Index eases in May The Australian dollar...
The great divergence between the real economy and global equities
Global manufacturing hubs; South Korea, Singapore & China continued to indicate a weaker extern...