The U.S. non-farm payroll rose by 280K in May – higher than market expectations. The ADP report estimated an increase of only 201K jobs and the market expectations were at 222K, for May. Based on the U.S. employment report, the…
The euro enjoyed the strongest rally since 2009. We explain how Draghi sparked this. We then discuss the situation in oil and natural gas, move on to discussing the forex industry’s hot story about Plus 500 and preview next week’s events.…
The recent recovery of the USD provided the climate to bring back down gold and silver. Even the contraction in the US GDP during Q1 didn’t help pull up gold and silver, nor did the fall of long term treasury…
The U.S. dollar changed course and rallied against the Japanese yen, Aussie dollar and Canadian dollar and remained nearly flat against the Euro. The GDP for Q1, second estimate, was released on Friday and showed a contraction of 0.7% —…
The dollar is on a roll in the last two weeks. We discuss the reasons for this strength, and look forward to the next moves and rate hike expectations. We continue with a preview to OPEC’s meeting, a dive into…
The FOMC released the minutes of the last meeting. The news about the minutes was enough to pull up the U.S. dollar against leading currencies and drag along the way gold and silver. The odds of the FOMC raising rates…
This week will be short on account of Memorial Day, but this doesn’t mean we could see a rise in volatility following the end of the long weekend in the U.S. financial markets. On this week’s agenda: U.S. durable goods,…
The change in direction of U.S. LT treasury yields along with the devaluation of the USD have pressured back up gold and silver. Is this turn of events suggests bullion prices are on their road to recovery? The minutes of…
The U.S. dollar took another beating this week as it depreciated against the Euro and yen, while the stock market didn’t do much and commodities rallied – this mainly includes gold and silver. This week, the FOMC will release the…
Lots of ins and out in the US labor market situation. When will the rate hike come? We offer both sides of the argument, talk about the implications of the UK election results, the situation of oil prices and preview the next…