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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

Amnesty International ImageThe decision had been coming for a few weeks already, and Biden has now made it official. There was a sense that he could have stayed in office until the Democratic National Convention in August. But…

Markets:US Dollar Advances, NZD LagsWest Texas Intermediate crude oil fell $2.53 to $80.29 a barrel.US 10-year Treasury yields rise 5.3 basis points to 4.24%Gold falls $46 to $2,399S&P 500 down 0.7%There’s nowhere to hide today as…

Yesterday, the US CPI was a good number, coming in below expectations. Today, the PPI data was the exact opposite. Not only were the headline numbers for the month higher, but the previous months were also revised higher. The US dollar and…

The past 16 hours have been unfavorable for Japan in its attempts to stem the yen’s slide. On the one hand, they reportedly intervened in the market to try to capitalize on a weaker US CPI report during early US trading. Then they let the…

The two most interesting items during the session here were inflation data from China and the Reserve Bank of New Zealand's July monetary policy review. The Reserve Bank of New Zealand dropped a dovish bombshell. I explained it at the…

Federal Reserve Chairman Powell testified before the U.S. Senate today on Capitol Hill in the first of two testimony before U.S. lawmakers. The Fed chairman will speak before the House of Representatives tomorrow. During his testimony…

The U.S. jobs report showed nonfarm payrolls rose by 206,000 jobs, beating expectations and up from 190,000 previously estimated. However, the details of the report were less than impressive. The revision for the previous two months was…