Weekly

For most of the week, the U.S. dollar dominated the majors, but after the highly anticipated U.S. employment update on Friday, the Greenback finally gave up its crown to the European currencies with the Swiss franc taking the top spot.…

October is here, and you know what that means: another round of top tier events to start the month, including the monthly monster U.S. employment update! Traders patiently awaited the event before making big moves, patience that was…

Market participants have been particularly attentive to any signals that the Federal Reserve may continue to raise interest rates. A recent report from the Labor Department has revealed that initial filings for jobless claims or…

(Bloomberg) -- The US consumer is starting to buckle as rising gas prices crimp spending and the delinquency rate on credit cards reaches the highest level in more than a decade. And that’s before student loan payments restart in…

Weekly WTIOil is near the lows of the day, down 96-cents but still has some breathing room in what looks like it will be another weekly close above $90.Still, it feels like something of a loss for the bulls, or at least a loss of momentum.…

Currency performance was pretty mixed this week, likely the result of traders balancing U.S. dollar dominance & individual currency narratives. But after a big Dollar pullback on Thursday that it couldn’t fully recover from, the Kiwi…

The U.S. dollar and surging bond yields stole the show this week, staying in positive territory throughout, supported by hawkish central bank rhetoric.  Unfortunately this was the worst environment for gold bulls. Not caught up on the…

After September PMI data showed a stall in overall activity for the second consecutive month, the USDIndex lost some of its gains after reaching 105.43 in Friday’s trading (22/09). The USDIndex gained +0.19% on carryover…

UPCOMING EVENTS:Monday: German IFO.Tuesday: US Consumer Confidence.Wednesday: BoJ Meeting Minutes, Australia Monthly CPI, US Durable Goods Orders.Thursday: Australia Retail Sales, US Q2 Final GDP, US Jobless…

Well, folks, buckle up because it’s been quite a week in the wild world of finance! It was like a circus, with central banks strutting their stuff, trying to balance signals of weakening growth and sticky inflation. Let’s break it down…