GBP/AUD traded lower during the Asian session yesterday, after hitting resistance near Monday’s high of 1.8290. That said, the slide bottomed out near the 1.7725 level,…
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Rates as of 04:00 GMT Market Recap A wild day! The main feature was a rise in US Treasury yields, both nominal and real, that knocked…
Rates as of 04:00 GMT Market Recap CAD was the best-performing currency as oil prices rose. Bet you’ve seen this graph before: The currency also got…
Rates as of 04:00 GMT Market Recap It’s hard to say whether there was a “risk-on” or “risk-off” market Friday. Rising US-China tension as Trump ordered…
Rates as of 04:00 GMT Market Recap We finally got the retracement in oil and CAD that I was expecting a few days ago, but with…
Rates as of 04:00 GMT Market Recap We’re more back to normal today: selling the dollar. Yesterday morning I was talking about EUR/USD’s struggle to stay…
Rates as of 04:00 GMT Market Recap Boy was I spectacularly wrong yesterday! This is why you want to trade with stops. As they say in…
Rates as of 04:00 GMT Market Recap Really calm day. One of the least volatile days I’ve seen recently. I shouldn’t be surprised though. This week…
Rates as of 04:00 GMT Market Recap Increasing tensions with China over TikTok, a rising virus count, downward revision in long-term credit outlook (from “stable” to…
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…