Rates as of 0500 GMT Market Recap Many retail traders ignore fundamental analysis and focus entirely on technicals. Todays market shows the mistake of that. Look at USDJPY! It rose to a 20year high today. Its quoted at 132.93 as I write. This is the result of the monetary policy divergence that Ive been harping […]

Global stock markets are experiencing a leadership change as the risk of stagflation increases.

Gold lost 1 to 1850 on Friday, declining under pressure from the overall pull from risky assets. For shortterm traders, it is also telling that this decline mostly erased the gains of the first few days of the month and prevented the rebound from turning into new upside momentum. Gold came up against the resistance […]