News

Banco de Mexico (Banxico) revealed the minutes of the August 7 monetary policy meeting, in which the central bank decided to reduce rates by 25 basis points (bps) to 7.75% on a vote split, with Deputy ...
The British Pound (GBP) extends its decline for the fourth consecutive day against the US Dollar (USD) on Thursday, with GBP/USD slipping below the 1.3450 level. At the time of writing, the pair is ...
Silver (XAG/USD) extends its rebound for a second consecutive day on Thursday, although upside could be limited by a stronger US Dollar (USD) and firm Treasury yields. At the time of writing, the ...
The GBP/JPY advanced during the North American session, up 0.34% after following the release of solid economic data from Britain that outweighed solid Purchasing Managers Index (PMI) figures in Japan.
"EU capital markets remain fragmented along national lines, creating a key barrier to innovation and productivity growth. There has been a renewed push by the European Commission to complete capital ...
Generally speaking, a trade war is an economic conflict between two or more countries due to extreme protectionism on one end. It implies the creation of trade barriers, such as tariffs, which result ...
Australia’s inflation story continues to ease, though the pace is hardly dramatic. Q2 Consumer Price Index (CPI) came in at 0.7% QoQ and 2.1% YoY, while June’s Monthly CPI Indicator edged down to 1.9% ...
In the United States, Tax Day is the deadline for filing federal income tax returns. It is also a major milestone for making certain retirement-related financial contributions. In concrete terms, ...
FX markets are waiting for Powell’s remarks in Jackson Hole. Coach shares his perspective on the DXY and believes USDJPY could still trade at the 145 handle. He has also shifted his outlook on Gold ...
GBP/USD loses traction and trades below 1.3450 in the American session on Thursday. The data from the US showed that the S&P Global Composite PMI improved to 55.4 in August's flash estimate, ...
Bitcoin has now corrected for six consecutive days, only pausing briefly on August 20 with a small bounce. After a clean 5-wave rally to new highs, the structure is increasingly pointing to an ABC ...
To recap... The FOMC Meeting Minutes really threw a spanner in the works yesterday, and caused the dollar bugs to buy dollars, and the Bond Boys to buy bonds... Chuck has some interesting things to ...