Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
The Daily Fix
FOMC review - risks are brewing and the Fed know it Rather than a full text, I have put together a video reviewing the FOMC meeting and the market moves - what was said, what…
Euro Soars Ahead, Yen Joins In, Ongoing US…
Summary: The Euro outperformed, hitting fresh 2-year highs (1.17813) and leading a broad-based FX rally against the US Dollar. Gold soared to a record high (USD 1,945.63), as safe-haven flows continued to divert away from…
EUR, CHF Extend Climb; AUD, NZD, EMS, Stocks…
Summary: Risk aversion intensified as the coronavirus spread spiralled higher amidst rising US-China tensions and signs of stalling economic progress. FX responded by purchasing European (EUR, CHF) currencies while selling those associated with risk (AUD,…
Monetary policy decisions by European Central Bank
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the…
The Daily Fix
Trader thoughts - EUR getting all the attention For those wanting to see the recording of the Great Debates - take a look and, as always, let me know your thoughts- Round 1 - Adam…
The Daily Fix
Trader thoughts - EUR getting all the attention For those wanting to see the recording of the Great Debates - take a look and, as always, let me know your thoughts- Round 1 - Adam…
Toward a More Resilient Europe – AN IMF…
Europe, like the rest of the world, faces an extended crisis. An element of social distancing—mandatory or voluntary—will be with us for as long as this pandemic persists. This, coupled with continued supply chain disruptions…
EUR/USD – Holds Above 1.1300 on Upbeat Data,…
The Euro managed to hold above the 1.1300 level, closing at 1.1307 in New York. Overnight high traded was 1.13548 while the Euro bottomed out at 1.12549. Friday’s rally in risk markets and better-than-expected Italian…
