Markets Face Triple Threat as AI Trade Cracks, Fed Risks Rise, and Iran Conflict Escalates

Markets ended the week in a far more defensive mood than they began it. After spending May climbing steadily on the back of AI...

Dollar Rises as Strong Payrolls Reinforce Fed Patience, USD/JPY Clears 160

Dollar strengthened broadly in early US session after a much stronger-than-expected US employment report reinforced confidence in the resilience of the labor market. Non-farm...

Intervention or Surrender? How Far Is Japan Willing to Draw on Its $1.3 Trillion War Chest?

Japan's latest reserve data have transformed the debate around the Yen. The question is not whether Tokyo is willing to intervene. It already has....

NFP Is a Gatekeeper for Fed Policy and Gold’s Next Move

Gold traders have spent the past week waiting. After falling steadily from 4,889.24, the precious metal has settled into a tense standoff between 4,400...

Canada Employment Surges 87.8K, Unemployment Falls to 6.6%