Fundamental Analysis

Dollar weakness prevails this morning. USD/JPY dropped below key support (106.52). EUR/USD tests the 1.2537 cycle top. The trade-weighted dollar (DXY) tests the cycle low (88.43) which coincides with ...
Fundamental Analysis

After the US CPI data on Wednesday, equity indices continued the risk-on sentiment yesterday, with Eurostoxx 50 up 0.6% and S&P 500 up 0.9%. 10Y treasury yields were slightly lower on the day at 2.89%...
Fundamental Analysis

The US Dollar was under a lot of bearish pressure this week against the Japanese Yen. The USD/JPY pair broke a major support at 108.20 and moved into the bearish zone. Looking at the 4-hours chart of ...
Fundamental Analysis

A dismal US 30year TIPS auction is weighing on dollar demand as the sagging bid to cover ratio of 2.31 is signalling dwindling investor appetite as inflationary headwinds build. The dollar is lower be...
Fundamental Analysis

Gold prices is trading sideways in the Thursday session, after surging higher on Wednesday. Currently, the spot price for an ounce of gold is $1351.30, up 0.05% on the day. On the release front, PPI g...