With key technical levels holding, the dollar is pushing back in trading today and is moving up to fresh highs since the end of last week. EUR/USD is now down 0.6% to 1.0155...
The price exchange in the foreign exchange market was a story separate from the macro developments. The euro traded below parity for the first time since 2002. The yen fell...
https://www.youtube.com/watch?v=IqK_D3rRV7oThe US dollar index hit a 20-year high of 109 this week.This is creating increasing pain for other countries, especially those with Eurodollar loans, as servicing those is becoming more expensive -- at...
Traders on the floor of the NYSE, June 27, 2022.Source: NYSEU.S. stock futures fell Tuesday as worries over global economic growth dented investor appetite for risk assets. Wall Street also looked ahead to...
Market sentiment improved this past week, with information technology shares leading the way. On Wall Street, the Nasdaq 100 gained 4.71% while Dow Jones futures gained just 0.87%. Things were also looking good...
But the heavy gold-futures selling between mid-April to mid-May and then again in mid-June had left the yellow metal weak. The worst thing about speculators' extreme gold-futures leverage is resulting outsized gold...