Loading...

inflation

Dollar Drifts Lower Ahead of Friday's Inflation Report
Dollar Drifts Lower Ahead of Friday's Inflation Report

Dollar Stays Down…For NowThe US Dollar is continuing to drift lower mid-week as traders await Friday’s all-important US inflation update. Softer US treasury yields and a strong rally in JPY are...

Copper Surges on Tariff Buying
Copper Surges on Tariff Buying

Copper Pushing HigherCopper prices are pushing higher today, driven by a weaker US Dollar, ongoing market tightness and tariff driven speculation. Copper futures have broken out to fresh highs for the...

Gold Traders Eyeing US Inflation This Week
Gold Traders Eyeing US Inflation This Week

Gold Lower on MondayGold prices are lower on Monday, failing to benefit from the sell off in USD on the back of Friday’s US jobs data. Despite the drift lower in USD, Fed tightening expectations have...

Dollar Falls Despite NFP Beat
Dollar Falls Despite NFP Beat

Dollar Down on MondayThe US Dollar is starting the week under pressure today, despite the upside surprise in Friday’s US NFP data and subsequent lift in Fed tightening expectations. The headline NFP...

Pound Rallies As UK Inflation Jumps Again
Pound Rallies As UK Inflation Jumps Again

Cable Pushing HigherGBPUSD is pushing higher today with the pair now back at its highest level since May. The move comes amidst a weakening in the US Dollar this week ahead of tonight’s FOMC minutes...

Uncertainty Rising Ahead of July FOMC Today
Uncertainty Rising Ahead of July FOMC Today

July FOMC Up NextThe Dollar is on watch today as traders brace for the July FOMC meeting. Going into the decision, market pricing for a hike is sitting around the 30% mark, reflecting an unusually...

Copper Capped As Oil Surges
Copper Capped As Oil Surges

Copper Rally Pauses For NowCopper prices remain on watch through the back of the week following the sharp rally we saw on Tuesday which pushed copper futures up by almost 4% on the day. The move has...

Sterling Short Squeeze Intensifies
Sterling Short Squeeze Intensifies

 GBP SoaringAmidst the current period of USD weakness, GBP continues to be one of the stronger performers against the Dollar. The shift in Fed outlook on the back of weaker-than-forecast US inflation...

Dollar Down Sharply On Dovish Rates Repricing
Dollar Down Sharply On Dovish Rates Repricing

US Inflation PlungesThe US Dollar is down sharply through the back of the week after suffering further heavy selling yesterday. The move lower comes amidst a wave of softer-than-forecast inflation...