• ECB decision preview

  Later today we’ll get the always anticipated ECB policy decision and President Lagarde presser. On balance, we really don’t expect all that much volatility when considering the overwhelming consensus that there will be no change to policy. Special Report Call

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• Trump concerned about strong US Dollar

  Most of the attention in recent sessions has been around comments from Donald Trump that the US has a big currency problem, and that the stronger US Dollar is hurting the US when it comes to competition with other trading partners. Audio Update Technical highlights EURUSD Rallying back to range top GBPUSD Sights set on […]

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• Weird price action vibes

  Wednesday price action has been difficult to reconcile. Currencies have been better bid against the US Dollar, all while US equity futures head south, giving off a completely different vibe. Wrap-Up Call

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• Record high gold price is unsettling

  It would be easy to look at the performance in the gold market and think broader commodities prices are surging. But that has not been the case. The strength in the gold market to fresh record highs is more indicative of a global economy in worry. Audio Update Technical highlights EURUSD Rallying back to range […]

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• Major currencies hold up, risk currencies more shaky

  As we come into the North American session on this Tuesday, we’re looking at some choppy price action across the board. On the one hand, the major currencies haven’t done much but have been relatively well supported on dips against the US Dollar. Wrap-Up Call

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• Making sense of USD weakness and record high US stocks

  There were plenty of worrying signs on Monday. The US yield curve narrowed as recession worries grew. We saw a healthy GDP miss out of China, and some more data misses out of Europe including an abysmal Eurozone industrial production print. Audio Update Technical highlights EURUSD Rallying back to range top GBPUSD Sights set on […]

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• Ominous signs from record high US equities

  Later today, we’ll get the first round of some important inflation data out of the US. That data comes in the form of US CPI and will be heavily watched, before the market then turns its attention to Friday’s US producer prices. Special Report Call

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• Expect more volatility into the end of the week

  We fully expect activity to pick up into the latter portion of the week as the market gets ready to take in back-to-back inflation readings out of the US on Thursday and Friday. Interestingly enough, currencies have remained relatively well bid, while stocks continue to surge to record highs. Audio Update Technical highlights EURUSD Rallying […]

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• Risk appetite holds up well despite Fed Chair testimony

  Risk assets are looking good on this Wednesday thus far, with currencies mostly up against the Buck and US equity futures consolidating just off fresh record highs. All of this is especially impressive after Tuesday’s Fed Chair testimony. Wrap-Up Call

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• Powell pushes back on rate cut bets

  The Fed Chair shook things up a bit in his Tuesday testimony after pushing back on rate cut timing and warning against premature easing. This all but takes July rate cut prospects off the table, with September now seen as the earliest date for the next rate cut. Audio Update Technical highlights EURUSD Rallying back […]

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