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September 12, 2023
Today’s high priests of climate-change apocalypse are undoubtedly correct in predicting that in just a few short years, the earth may well become miserable, wretched and almost uninhabitable by human beings. But ironically, such a grim future won’t come about because of “catastrophic climate change,” as global-warming zealots claim.
September 11, 2023
The Japanese Yen found firmer footing today with BOJ Governor Ueda opening the prospect of further adjustments to the bank’s monetary policy. Have we seen the peak in USD/JPY?
September 11, 2023
The US Dollar retreat kicked off on Monday after hawkish comments from BoJ Governor Ueda sent USD/JPY tumbling before the broader DXY (USD) index took a hit. Lower USD?
September 9, 2023
The Australian Dollar is struggling to get off the matt with rates on hold and the global economic outlook under question. Treasury yields are rising again, lifting the US Dollar.
September 8, 2023
The US Dollar printed a new high overnight with expanding Treasury yields widening the interest rate differential against the Japanese Yen. Will USD/JPY see more jawboning?
September 7, 2023
Crude oil prices launched to a 10-month high overnight as OPEC+ supply cuts are extended, and US stockpiles continue to shrink while the structure of the market appears at a crossroads.
September 7, 2023
The Euro backed away from recent lows today with the US Dollar ascendency taking a breather. The ECB meet week and the market is uncertain about a hike. If they do, will EUR/USD rally?
September 6, 2023
The US Dollar raced to new heights overnight with Treasury yields pushing north, exasperating the spread to JGBs. If the gap widens, will USD/JPY make a new peak?
September 6, 2023
The Euro sunk to new lows after the US Dollar ascendency got back on track, boosted by rising Treasury yields and high energy prices. If WTI goes higher, where to for EUR/USD?
September 6, 2023
BRICS nations China and Russia may be stockpiling some of their massive gold production to support a new currency to rival the US dollar. This is according to…