West Texas Intermediate crude isn’t doing much right now. WTI prices are hanging around $57.50 as Asian trading rolls on Friday morning. After slipping a bit yesterday, the market seems to have hit pause. Everyone’s eyes are on OPEC+ and
The EUR/USD pair does not seem to go above the level of 1.1800 and on early Wednesday in Asia, it sank to a new weekly low near 1.1740 as the US Dollar caught some strength. What’s odd is that this
Gold prices are on a positive spree now. Early Wednesday in Europe, XAU/USD jumped above $4,350—a fresh high in a year that’s already seen gold soar 65%. If things keep going like this, we’re looking at the strongest annual run
The US Dollar Index (DXY) inched up on Wednesday, hanging out near 98.50 as traders digested the latest word from the Fed. During Asian hours, the dollar kept climbing for a second day—people are jumping back in after Fed officials
Silver prices claw their way back to $73.50 an ounce on Tuesday, shaking off a bruising 7% drop after Monday’s wild ride to a record $85.87. What happened? Traders took profits—who wouldn’t after a run like that?—and the CME Group
The Australian Dollar kept its gains and momentum against the U.S. Dollar on Monday, hitting a 14-month high at 0.6727. Following the release of the Reserve Bank of Australia’s minutes from its December meeting, this rally began. The message was
Stock futures barely budged early Tuesday, and honestly, you could feel the tension in the air after the S&P 500 closed out two straight days in the red. Futures on the S&P 500 merely hovered. Nasdaq 100 futures fell 0.1%,
BoJ – The Bank of Japan – just published its Summary of Opinions from the December policy meeting, giving everyone a better sense of how officials are thinking about Japan’s interest rates right now. Even after the recent policy tweak,
Gold prices cooled off a bit in Asia on Monday. After smashing through another all-time high near $4,550, traders decided to pocket some profits. Not a huge surprise, honestly—everyone wants to lock in gains after a run like that. Plus,
On December 29, the Australian dollar rallied, with the AUD/USD pair hitting a 14-month high of 0.6727. What causes the jump? Markets are now betting more than ever that the Reserve Bank of Australia will need to raise interest rates
Gold prices edged lower on Tuesday as traders booked profits amid low holiday trading volume. Most major markets closed for Christmas on the 25th, so there was little action. After touching a new record of nearly $4,526, gold dropped back to
Forex markets were closed on December 25, and the USD/CAD ratio hardly changed from its five-month low on December 24. Markets were quiet due to holiday trading, and by December 25, when most major exchanges were closed, the pair was