Once again the Fed sets the pace, but it’s a hard act to follow. At least two other central banks (European Central Bank & Bank of…
This past week was mostly about the European Central Bank, with a sideshow in Britain and something from the Bank of Canada for those who trade…
Two weeks ago, we were all waiting to hear what Fed Chair Jay Powell would say about the US central bank’s rethink of its monetary policy…
The week gone by was a wait of time, so to speak. The market was waiting to hear what Fed Chair Powell would say about the…
A while ago, it looked like central banks were irrelevant as far as the forex market was concerned. With monetary policy on hold for the foreseeable…
We’ve had a dramatic week with lots of volatility. That’s one aspect of the summer doldrums: the absence of participants can either lead to a dull…
The week just ending has been dominated by two themes: the dollar going down and gold (and silver) going up. Many people say these two are…
As gold breaks through the $2,000 level and hits a record high, many traders are asking: has gold gone too far? The answer is that of…
Which song do you like better? I like Olivia Newton- John’s version from 1981. There’s also a different song out this year by Dua Lipa with…
We heard similar comments from three central banks this week. If I may quote the relevant parts: Bank of Japan: The Bank will continue with “Quantitative…
