RBA

The markets opened this week on a subdued note, fresh from the previous week's BoJ inaction. Investors continued to bid the yen into the first part of the week but soon trimmed their positions as the yen fell back and the dollar gained strength. Gold prices posted a new high this week, briefly trading above $1300, marking a one-year high before ...

2016-05-06 John Benjamin Read more
Forex Forecast

A week marked by central bank expectations and a surprise decision saw the yen resume its uptrend as the BoJ left monetary policy untouched, while delaying its inflation forecasts as well. Amid the dovish views from the FOMC, RBNZ and the BoJ, gold found favor as prices continued to move above the $1250 handle this week, briefly trading at the $...

2016-04-29 John Benjamin Read more
ECB Meeting December

It was a volatile week from the start as the markets opened to the news of failed Doha talks, which sent the markets opening sharply lower. However, by mid-day on Monday Oil was well on its path to a strong recovery. Precious metals were also posting wild swings this week as silver and gold posted strong gains but then pulled back lower. Oil pri...

2017-07-26 John Benjamin Read more