Market News & Blog
The US dollar regained some footing last night as concerns about Europe grow. Oil and the Aussie dollar both fell and are under pressure.
China's FX reserves fell more than expected in January and are back under $3 trillion for the first time in 6 years
All traders need to aware of what's going on in China forex and money markets.
Upside breakout in Copper imminent?
Since the November drop in EUR, we have a combination of two patterns forming.
EU Open - Aussie $ bid after RBA; Kiwi Dollar rises to 3-month high amid higher inflation expectations
Aussie $ bid after RBA; Kiwi Dollar rises to 3-month high amid higher inflation expectations
USDJPY below 112, stocks down, European bonds up - markets are at risk of fracturing.
Optimistically neutral with a hawkish twist.
Gold has broken higher and the USDJPY is below 112 as a safe haven bid enters markets.
Waiting for the next shoe to drop - RBA and US dollar the key.