FX Update – August 14 – USD Consolidates at lows

EURUSD, H4 The main currencies have settled in narrow ranges, with the Dollar consolidating above yesterday's lows after a two-day decline. The USDIndex (DXY) has...

USDCAD – Loonie holds the Upper hand

USDCAD, H4 USDCAD has settled in the lower 1.3200s, above the eight-month low of yesterday, at 1.3190. A weakening US Dollar, coupled with perky oil...

FX Update – August 13 – Weaker Dollar & Stronger Sterling

The Dollar is down for a second day, with the narrow trade-weighted USDIndex printing a six-day low at 93.08 to nearly fully unwind the...

Catalyst and the “X” Factor for Gold

Probably a lot of gold investors are losing money after Tuesday's massive price drop. Some of our articles have warned of the vulnerability of buying...

FX Update – August 12 – US Inflation Rises Again

EURUSD, H1 The July CPI report sharply beat estimates with gains of 0.6% for both the headline and core, following respective June gains of 0.6%...

RBNZ Announces Expansion & Extension of Bond Purchases

The Reserve Bank of New Zealand announced the Fed interest rate decision until August 12. The Federal Reserve announced that it would maintain its...

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