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Gold Rallying Ahead Of US PMIs & Powell
Gold Rallying Ahead Of US PMIs & Powell

US PMIs DueGold prices continue to soar this week with the futures market pushing higher into record territory. The push comes despite some hawkish commentary from the Fed yesterday with some members...

Gold Hits New Record Highs
Gold Hits New Record Highs

Gold Higher on MondayGold prices are kicking off the week on a strong footing with the futures market trading up to new highs on Monday. Dovish Fed expectations and rising safe-haven demand in...

Post-FOMC Dollar Bounce Fading
Post-FOMC Dollar Bounce Fading

DYX Softer Mid-MorningDespite some initial strength, DXY is softening now as we move through the European morning session on Monday. DXY had bounced firmly off the post-FOMC lows with the index...

Post-FOMC Dollar Bounce Continues
Post-FOMC Dollar Bounce Continues

USD Bounce ContinuesThe Dollar continues to grind higher as we push towards the weekend. DXY has rebounded firmly off the post-FOMC lows and is now around 2% higher. The fallout from the FOMC has left...

Dollar Whipsawed Post-FOMC
Dollar Whipsawed Post-FOMC

FOMC ReactionThe US Dollar has seen plenty of whipsaw over the last 12 hours as traders digest the details of the September FOMC meeting yesterday. The Fed cut rates by .25% as expected, including one...

Bullish Gold Outlook Remains Following FOMC
Bullish Gold Outlook Remains Following FOMC

Gold Holds Support Post-FOMCWe failed to see any significant moves on the back of the FOMC yesterday. The Fed cut rates as expected and signalled more to come, though rate cut projections were...

Bitcoin Muted Following Fed Rate-Cut
Bitcoin Muted Following Fed Rate-Cut

Bitcoin Stuck For NowA muted event from the Fed yesterday failed to drive any meaningful price action across asset classes. Whipsaw in USD means that directional cues have been thrown off for now...

Is Bitcoin Poised to Explode Higher?
Is Bitcoin Poised to Explode Higher?

Bitcoin & The FedBitcoin is on watch today as traders await the Fed’s September rates decision later today. Weakness in USD ahead of the meeting reflects the broad expectation that the Fed will...

Copper Reversing Ahead of FOMC
Copper Reversing Ahead of FOMC

FOMC on WatchCopper prices are turning sharply lower ahead of the FOMC today with the futures market down around 2% so far on the day. The sell of is likely profit taking ahead of the event given the...