XAUUSD Few days ago we pointed out that Gold will head to 1188 and 1180 respectively. While yesterday was the fulfillment when the pair did go to 1180.. Before retracing back 1191. Gold is currently trading at 1190 with a spike below, the daily chart has popped out a doji and we see that the […]

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Interesting saga over the deal weather it could be on or off seems to be very (close or not) between Greece and its creditors is having quite a significant effect on the markets. Greek debt yields are lower while the sentiment improvement on euro and equities suggests that the market is quite confident that a […]

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Janet Yellen’s was hawkish on Friday’s comments and have seemed to point the market’s view that any sign of improvement in the US economic data will be one step closer to a Fed rate hike, especially with a pick-up in core CPI. “Good news is bad” again, if it was not already. Dollar Index is […]

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US Dollar is looking to gather momentum on Fed’s comment that they are on track towards tightening, We might see the Dollar gain today, with a major public holiday yesterday specially US and UK, traders might have taken time to digest Yellen’s comment and might see some action today. Thus fat markets are pointing Dollar […]

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Markets are mixed in the wakeup on FOMC which came out this past Wednesday. Uncertainty is surrounding the Dollar market preventing further gains and a slight slip back. Traders are looking at the comments from Yellen and we will continue to watch closely. Today being a Friday we will be on our sideline and be […]

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The strength of the dollar in the past few days has had a sizable impact and is changing the outlook on several key markets. However, there has been a muted reaction to the meeting minutes from the Federal Reserve. The breaks have been put on the recent dollar recovery, whilst Treasury yields remain elevated and […]

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We have seen a significant move and an unexpected change in the Market in the last 24 hours. A whole bunch of factors have put the dollar back in the driving seat while the euro is under immense pressure and showing bearish candle for the last 3 days. ECB’s Benoit surprised the market with dovish […]

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Seems to be the Feds are falling behind and we doubt if the rates may increase this September, with the US data continuing to be weaker than expected, much disappointment. In the metals Gold and silver has began to show a positive tone beginning a positive week ad pushing higher, we see a bear candle […]

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With US data continuing to disappoint, the expectations for Fed rate tightening are being pushed back. This is beginning to see a negative drift on Treasury yields which is resulting in support for the US dollar with Wall Street able to drag itself to another new all-time closing high. Markets are still therefore running off […]

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Financial markets are drawn around by developments in the security markets. Yields have moved back higher entering the close on Treasuries yesterday. There has been much selling pressure on equities and the US Dollar Index has once again fallen to its lowest and at key support zone 93 levels. This move is also followed by […]

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