The U.S. dollar came further down in the past week following the release of the recent FOMC statement. This week, the UK elections will take center stage in Europe and in the U.S. the main report is the NF payroll.…
The weakness in the U.S. dollar didn’t gold and silver that kept coming down, as they have reached their lowest level this month. Will gold and silver change course again this week? The FOMC could shake things up for bullion…
The U.S. dollar resumed its descent while precious metals kept coming down. But this could all change if the FOMC were to surprise the market in its forthcoming statement. On this week’s agenda in the U.S: FOMC meeting, GDP for…
The bullion market cooled down in the past several days as both gold and silver slightly declined last week. ECB’s rate decision didn’t provide any major headlines, albeit the Euro resumed its rally. The ongoing fall in LT treasuries yields…
The U.S. dollar took another tumble against leading currencies such as Euro, Japanese yen and Aussie dollar. On this week’s agenda in the U.S: Durable goods, existing home sales, and jobless claims. In Europe: Euro group meetings, BOE rate decision,…
The Draghi drama was certainly upgraded this time. We talk about about all the implications of everything that happened and didn’t happen there. We then talk about earnings season and what we should and shouldn’t look out for, take a look…
Gold and silver started off last week strong only to come back down in the following days. The minutes of the FOMC took the back seat to the aftermath of the disappointing NFP report. The progress of the USD is…
The U.S. dollar resumed its upward trend and picked up against the Euro and Japanese yen. The aftermath of the NFP report and the minutes of the last FOMC meeting provided enough volatility for the markets. Also, the tensions in…
The recent NFP report came short of market expectations with only 126K jobs added in the past month. This report is likely to rekindle the hopes of a “later rather than sooner” rate hike by the FOMC – perhaps by…
Even though last week was short, the NFP report came out on Friday and surprised analysts – only 126K jobs were added, which was well below market estimates. This news is likely to resonate in the markets on Monday and…