JPY Crashes On Recession Fears

USD Supported By Positive FOMC Minutes The US dollar remains well supported today on the back of a set of broadly positive FOMC meeting minutes yesterday. The Fed cited an easing of trade tensions and a better global growth outlook in its… Read More

New 2020 Highs For Gold?

Gold The yellow metal has been in firm demand once again this week. Gold has extended last week’s gains to move back up and challenge the current 2020 highs around 1611.05, as of writing. The move higher has been consistent with the… Read More

Gold Exits Bear Market?

The yellow metal’s breakout seems to suggest that the gold multiyear bear market could be concluding soon!  Investors lose confidence on currency havens but remain cautious on other metals too! Will the gold/dollar relationship come back to… Read More

GBP Jumps on CPI Beat

FOMC Minutes on Watch The US dollar continues to hold just below the week’s highs, with the index trading at 99.33 last, as price is continuing to grind back towards the 100 level. The FOMC meeting minutes due later today will be the main… Read More

FOMC Jan ’20 Minutes Preview

The Federal Reserve Bank will be releasing the meeting minutes from the January Fed meeting. The central bank held its monetary policy meeting on January 29th, 2020. At the meeting, the central bank voted to keep interest rates steady at… Read More