The Australian Dollar faces a tough short-term outlook, with the risk-sensitive currency facing a questionable economic recovery as the Delta variant continues to rip through the world.
Bitcoin (BTC), Ethereum (ETH) Waiting For a Shot of Volatility, Elon Musk Backs Dogecoin, Again
The cryptocurrency market continues to crab sideways as bulls and bears battle for dominance. Both BTC and ETH need a volatility boost to break lethargic market conditions
British Pound Outlook Hinges on UK CPI, Employment Report
Fresh data prints coming out of the UK are likely to sway the near-term outlook for GBP/USD as BoE Governor Bailey insists that the “economy is bouncing back rapidly.”
ForexLive Americas FX news wrap: Canadian jobs tee up a BOC taper
Forex news for North American trade on July 9, 2021:
Markets:
For a holiday-shortened week at a time of year that can be absolutely dead, this one had plenty of twists and turns. Friday was no different as the week-long bid in the US dollar vanished in a broad set of retracements that erased so of this
Markets:
For a holiday-shortened week at a time of year that can be absolutely dead, this one had plenty of twists and turns. Friday was no different as the week-long bid in the US dollar vanished in a broad set of retracements that erased so of this
Equity close: Fresh record highs
Closing changes for the main North American markets
On the week:
On the week:
What’s on the US economic calendar next week
Events to watch out for
It’s a slow start to the week but there is some top-tier data on inflation and the consumer and both will be market movers.
Monday:
Tuesday:
It’s a slow start to the week but there is some top-tier data on inflation and the consumer and both will be market movers.
Monday:
Tuesday:
US 10-year yields grind to a fresh daily high and dollar continues slide
Not the usual correlation
This week’s theme has been lower yields and a higher dollar but it started unwinding yesterday and that has continued.
US 10-year yields are now up 7.2 bps to 1.36% today. That’s 11 bps above yesterday’s lows, which coincided with the 200-day moving average.
This week’s theme has been lower yields and a higher dollar but it started unwinding yesterday and that has continued.
US 10-year yields are now up 7.2 bps to 1.36% today. That’s 11 bps above yesterday’s lows, which coincided with the 200-day moving average.
Cable continues to soar like it’s pricing in an England win
No offense to our Scottish and Welsh readers
The cable bid has been relentless today.
It was briefly squashed on fixing sales but it quickly came back and has been a one-way move that’s now extended to 100 pips. I earlier said that the weekly high of 1.3898 was out of reach before the close but
The cable bid has been relentless today.
It was briefly squashed on fixing sales but it quickly came back and has been a one-way move that’s now extended to 100 pips. I earlier said that the weekly high of 1.3898 was out of reach before the close but