The crude oil price is struggling for direction as the uncertainty for energy supply going forward weighs on sentiment. US Dollar gyrations are also dominating markets as the Fed decision looms.
The gold price surged toward recent peaks today despite the US Dollar reasserting its ascendency and Treasury yields back on the march higher. Where to for XAU/USD?
The Hang Seng index galloped to higher ground on Beijing’s measures to lift the economy and sentiment. Could this be a turning point for the world’s second-largest economy?
The gold price stemmed the slide going into Tuesday after a volatile session overnight with the US Dollar undermined by investors tilting their view for bonds. Lower XAU/USD?
The Japanese Yen is facing scrutiny to start the week with USD/JPY edging toward prior peaks on growing unease around potential BoJ intervention. If USD/JPY pops, will the bank be selling?
The appears poised for a move with the US Dollar regaining some ascendency today with Treasury yields leaping yet again. If USD/JPY breaks higher, will the BoJ intervene?
The US Dollar clambered for ground after blistering retail sales figures boosted Treasury yields as the unfolding Middle East conflict lifts risks across the globe. Lower EUR/USD?
The Japanese Yen has been drifting weaker despite uplifted JGB yields with the US Dollar seeing a whippy week so far. Geopolitical risks remain as crude oil slips. Where to for USD/JPY?
The crude oil price reflects the uncertainty for energy supply going forward and the potential for supply disruptions. The US Dollar movements are also dominating markets. Where to for WTI?
Crude oil gave up recent gains going into today’s session on API data and a US Dollar that might be at a crossroads with Fed Speakers and FOMC minutes less hawkish. Where to for WTI?