Topic: Currency News
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FX on pause as gold extends meltdown
Is gold’s sell-off a warning? FX pauses as metals steal focus. PMIs to break the data drought.
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Dollar extends gains as credit fears fade
Immune to noise, hungry for data. Odds of a rate cut remain high. Soft prints, softer sterling.
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Metals melt down
Immune to noise, hungry for data. France risk meets 1.16. Soft prints, softer sterling.
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Gold plunge hits Aussie, pushes US dollar higher
Gold reverses after monster rally. Aussie hit by metals sell-off. USD higher in Asia after Takaichi win.
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US Dollar rebounds on calm waters
Canada’s inflation comes in hotter than expected. Strong earnings and global calm ease banking jitters. Mean reversion, minus momentum.
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Earnings roar past expectations
Strong earnings and global calm ease banking jitters. Mean reversion, minus momentum. Pressure points – front to long end.
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