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Dollar Supported by Strong Data Ahead of NFP
Dollar Supported by Strong Data Ahead of NFP

 Strong US DataThe US Dollar is back in the green today as traders digest the latest US data from yesterday. The ADP employment figure jumped to 63k from 22k prior, well above the 50k the market was...

USD On Watch Into ADP Data
USD On Watch Into ADP Data

USD SoftensThe US Dollar is on watch today following the pullback from yesterday’s multi-month highs. Traders will be looking to the latest ADP employment print this afternoon ahead of Friday’s...

Dollar Rallying on Safe-Haven Flows and Fed Expectations
Dollar Rallying on Safe-Haven Flows and Fed Expectations

Iran Conflict Driving USD Safe-Haven RallyThe US Dollar is pushing firmly higher today with the DXY now up around 1.5% on the week that’s. The move is being fuelled in part by a strong uptick in...

Explosive Moves in Copper
Explosive Moves in Copper

Volatile Price ActionCopper prices are on watch ahead of the weekend following a heavy reversal lower from the all-time highs printed yesterday. The futures market hit highs of 6.5850 before sharply...

Gold Rally Shows No Signs of Stopping
Gold Rally Shows No Signs of Stopping

Gold SoaringGold prices are continuing to soar higher midweek with the safe-haven benefiting from the collapse in USD. The Dollar has plunged amidst worsening US sentiment and speculation that the Fed...

Huge FX Moves As USD Breaks Down
Huge FX Moves As USD Breaks Down

Major USD ShiftWe’re seeing seismic moves across FX markets this week with the US Dollar coming under heavy selling pressure yesterday. The DXY broke down to its lowest levels since early 2022,...

Dollar Treading Water Ahead of Fed
Dollar Treading Water Ahead of Fed

USD Hanging On… For NowThe US Dollar is turning lower again today after stabilising yesterday on the back of Friday’s plunge lower. The drop on Friday, which extended into a gap lower yesterday, was...

Explosive Gold Rally Continues Ahead of FOMC
Explosive Gold Rally Continues Ahead of FOMC

Gold Hits New Record HighsGold prices remain on watch this week with the futures market continuing to soar into fresh record highs. Price is now above the $5k level for the first time and shows no...

USDJPY Collapses on Fed Rate-Check News
USDJPY Collapses on Fed Rate-Check News

Fed Rate-CheckUSDJPY remains weak today, gapping lower at the open, on the back of heavy selling on Friday in response to the Fed rate-check activity. News started coming through around the London...