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Gold just recorded its seventh down week in the last nine, price settling yesterday (Friday) at 2637 and yet that is higher than Gold’s settle six weeks ago at 2567 on 15 November. To be sure,...
"Little reason to leave the US dollar now" After a brief sell-off on Friday’s US jobs report, the dollar has returned bid. Helping that trend is geopolitics (Korean markets remain unsettled) and a...
A no-confidence vote to remove French PM Barnier pushed out by the far-right National Rally party may topple the French government this week. A current political fiasco in France has triggered an...
EUR/CHF has continued to exhibit a high direct correlation with France CAC and Germany DAX. China’s core inflation and producer prices for August have indicated a persistent trend of lackluster...
Monday Market Overview Asian currencies fell on Monday following an unexpected interest rate cut in China, which failed to generate optimism. Simultaneously, the US dollar experienced a negative...
The recent 4-week rally of EUR/CHF from 19 June has started to show signs of exhaustion. The ongoing weakness of France CAC 40 has triggered a negative feedback loop towards EUR/CHF. Watch the...
The week started on a positive note but the positive vibes will likely leave their place to the chatter of scenarios regarding how the French will prevent Marine Le Pen from gaining a majority in the...
Week Ahead 17-21st June: MON: PBoC MLF, Chinese Activity Data (May), EZ Wages and Labour Costs (Q1) TUE: RBA Announcement, NBH Announcement, EZ Final CPI (May), German ZEW Survey (Jun), US Retail...
Weak Swiss inflation renewed the downward momentum of the franc, which is losing over 0.5% against the euro, sending EURCHF to highs last seen in May 2023.The Swiss Consumer Price Index was virtually...
European FX markets will today be monitoring how US asset markets react to the news that the Fed will not be renewing its Bank Term Funding Program. US regional banks will be in focus here. Elsewhere,...
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