Oil Tests a Return of War Premium as Markets Await the Fed’s Hidden Debate
Markets were driven by two competing sources of uncertainty today as Brent crude surged toward the $80 mark while investors awaited the release of...
Iran Strikes Give Oil Bears a Reason to Cover—Not a Reason to Panic
Fresh US airstrikes against Iranian targets finally gave oil bears a reason to blink. Brent crude rallied back above $76 after Washington retaliated for...
NZD/USD Recovers After RBNZ, but Higher Bar for Next Hike Caps Rally
The New Zealand dollar received the boost that normally accompanies a rate hike, but the rally quickly lost momentum. The Reserve Bank of New...
The Next Dollar Catalyst Is CPI. The Bigger Story Is Inside the Fed.
Financial markets spent much of today's session waiting rather than reacting. Most major currency pairs traded comfortably within yesterday's ranges as investors resisted making...
