Judson

Poor US inflation data and increasing bets of a Fed rate cut in September, coupled with the US-China trade agreement, kept the US Dollar on the defensive throughout the day. Here's what to watch on Thursday, June 12: The US Dollar Index (DXY) broke below the 99.00 support to hit new multi-day trough

Citing people familiar with the matter, Bloomberg reported on Wednesday that the European Union (EU) believes trade negotiations with the United States (US) to extend beyond President Donald Trump’s July 9 deadline. “The US is expected to respond to the latest round of negotiations in the coming day

USD/JPY clears Monday’s high, trades near 145.20 amid upbeat risk tone. RSI momentum favors bulls; key resistance stands at 145.38 and 146.00.Downside capped by 144.00 support zone and 200-day SMA at 144.26. The USD/JPY advances for the first time in the week, clearing Monday’s high of 144.95, as th

Brent crude has formed a higher low near $63, breaking above its 50-DMA and signaling fading downside momentum. With MACD turning constructive, a test of the $68.70 pivot high is in sight—clearing it could open the door toward $71.30–72.00. The $63 zone remains key support for bullish continuation,

European Central Bank (ECB) policymaker Peter Kazimir said on Monday that “I think we’re nearly done with, if not already at the end of the easing cycle.“ Additional quotes I see clear downside risks to growth but it would be a mistake to neglect upside inflation risks. We need to keep all options o

The US Dollar’s slide accelerated at the start of the week, driven by two main factors: growing trade uncertainty and rising concerns from bond vigilantes over the US deficit. Yesterday’s ISM manufacturing surveys delivered a negative surprise, reversing the recent trend of resilient US data, ING's

XAU/USD Gold opened with gap higher and surged in early Monday trading, lifted by escalation of war in Ukraine, President Trump’s fresh threats of doubling current tariffs on imports of steel and aluminium and victory of Eurosceptic candidate in Poland’s Presidential election. Worsened conditions pr

Currencies & metals get sold on Tuesday. Packing up the truck and moving to Beverly Hills. Good Day... And a Wonderful Wednesday to you! My beloved Cardinals bounced back last night VS the Orioles and will play the rubber game of the series tonight... Next stop... Arlington, to play the Rangers.

The Canadian Dollar (CAD) has slipped back amid the broader rebound in the USD vs US Dollar (USD). USD gains have taken funds back to the mid/upper 1.37s and largely reflect the rebound in the USD rather than any CAD-negative development, Scotiabank's Chief FX Strategist Shaun Osborne notes. CAD eas

The week started on a slow but hopeful note for European markets, with expectations that Trump’s latest 50% tariff threat on European imports would accelerate negotiations but that market optimism fascinates me. European markets are flirting with ATH levels, US futures were also up yesterday, but th