Gold changed a lot in a week – after breaking out to 2k last week prices have already reversed to test through 1900, and bears may have more room to work.
The US Dollar finally put in a pullback this week but bulls were unwilling to wait around, and helped to prod price right back to resistance with some help from Jerome Powell.
Equities have tacked on a recovery so far this week and are getting a boost from Tesla this morning, but the Fed looms for early-May and the variance in bounces amongst equity indices may be highli…
The Yen meltdown has continued and this morning showed another leap-lower for the JPY, but which pairs are most attractive for continuation and which are prone to pullbacks?
Bears have made a re-appearance around the Q2 open and equities have already re-engaged with some key support levels while erasing a chunk of that post-FOMC ramp.
The US Dollar posed a mild pullback this morning on another 40-year high print from CPI. But USD bulls were standing at the ready to pounce on the move.