Market Overview

Last week, the US Dollar Index stole the spotlight. It truly soared. But… Very few people are actually long. US Dollar Index Surges Amid Short Covering Yup. Even though the USDX moved high so...

There are several reasons for downplaying the recent recession warnings. Last week’s dramatically stronger-than-expected rise in September payrolls is one. The revival of US money supply growth in...

Germany's industrial production index jumped 2.9% in August, almost recovering from a similar drop in the previous month. This data, above the expected 0.8% rise, nominally supports the euro-dollar...

Risk sentiment dented as China refrains from fresh stimulus measures Fed officials give cautious green light to more rate cuts Dollar and equities turn lower after recent gains as US CPI...

Gold Is Stuck in a Range as Traders Await More Data Gold (XAU/USD) moved within the $2,640–2,660 range on Monday due to a lack of important events and low volatility. XAU/USD has formed a triangle...

US NFP data eliminate chances of another 50bps rate cut Spotlight turns to US CPI numbers for September PMI data corroborate the notion for sticky underlying inflation The data comes out on...

Through the years, I have attempted to explain to those reading my missives that believing that any entity has control over the market is absolutely absurd. And, no matter how many empirical examples...

The Federal Reserve's recent decision to slash interest rates by an unexpected 0.5% has sent shockwaves through global financial markets. This bold move,  larger than the modest cuts many analysts...

Gold (XAU/USD) dropped sharply on Friday following a stronger-than-expected US Nonfarm Payroll (NFP) report but then recovered and stabilized at $2,650. Gold retreated further from its record highs...

Investors will be laser-focused on inflation and the kickoff of third-quarter earnings in the week ahead. The release of October's Consumer Price Index (CPI) report takes center stage, providing...

Strong US jobs report shifts Fed rate cut expectations from 50 bps to 25 bps. Geopolitical tensions in the Middle East drive up oil prices and safe-haven assets. Upcoming US inflation data and RBNZ...

Surprise! The US economy added more than 250,000 new nonfarm jobs last month, the unemployment rate fell to 4.1% and wages grew faster than expected both on a monthly and on a yearly basis. On a...

You've worked hard, nailed your trades, and raked in those profits, so the last thing you need is a prop firm saying "DENIED!" Let's make sure you stay on the winning side with these 10 easy steps to...

On September 18, 2024, the headlines read the Fed cut the Fed Funds rate by 50 basis points. At first blush, one would think that a trader with a crystal ball a couple of days before the Fed action...