EUR/USD broke below 1.20 last week for the first time since December 1 last year and as traders pile in to US Dollars the pair looks destined to fall further.
Gold, Silver Price Forecast: USD and Yields Turn Higher as Economic Data Improves
Precious metals are struggling to hold their ground as uncertainty hedges are unwound.
Oil is off to its best start in 30 years
Oil up nearly 20% year-to-date
Is there a more-overlooked asset than oil this year?
It’s been written-off for dead with investment fleeing the sector but oil inventories will be rapidly drawn down in the months ahead. OPEC+ will face increasingly tough decisions about what to do and the March decision could be the difference between $60 oil
Is there a more-overlooked asset than oil this year?
It’s been written-off for dead with investment fleeing the sector but oil inventories will be rapidly drawn down in the months ahead. OPEC+ will face increasingly tough decisions about what to do and the March decision could be the difference between $60 oil
The Australian dollar was the top performer last week while the Swiss franc lagged
AUD/CHF was the top trade
The Australian dollar led the way last week entirely due to a strong rally on Friday as it climbed 1% against the US dollar.
The commodity currencies struggled to gain traction for most of the week even with equities and commodities climbing. That finally flipped on Friday as they all made decent
The Australian dollar led the way last week entirely due to a strong rally on Friday as it climbed 1% against the US dollar.
The commodity currencies struggled to gain traction for most of the week even with equities and commodities climbing. That finally flipped on Friday as they all made decent