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
The week ahead playbook and implied volatility matrix I had a conversation with Blake Morrow of Forexanalytix on Saturday detailing the risks we see a period of higher volatility and uncertainty in markets, before a…
Is the US Dollar here to stay as…
Fears for the US Dollar and the possibility of debasement are rising among strategists. In the hypothetical situation that a collapse did occur, then we would see a swathe of investors and institutions holding assets…
Major US Equities Ended in Negative Territory; USD…
Equity Markets Global stocks struggled to edge higher on Tuesday amid the ongoing uncertainties on the virus front, and mixed earnings reports. European stocks were underpinned by concerns of a resurgence in COVID-19 cases following…
Down, But Not Out, Dollar Settles as Risk…
Summary: The battered US Dollar settled after falling to multi-month lows against some currencies (EUR, AUD, NZD, CAD). The seemingly out-of-control resurgence of the Covid-19 outbreak in the United States and improving economic prospects overseas…
EU Stocks Found Support; While the AUD Strengthened
Equity Markets The vaccine optimism continues to drive the momentum in the stock market. Global stocks edged higher on Tuesday buoyed by the heightened expectations of a vaccine sooner than later. European stocks also found…
The Daily Fix
Trader thoughts - the USD cant find a friend For the first time in a while, the equity markets were not the epicentre of attention and instead the USD was front and centre with the…
EU Meet Extends Over Recovery Plan, EUR Could…
Summary: The Dollar finished the week lower against its rivals in dull trading on Friday even as the total death toll in the US topped 140,000. Daily new cases continued to rise in 43 out…
GOLD, DXY and US Treasuries relationship changes.
Today We are looking at gold and the united states dollar and later the 10 Year Treasury Yields. In the past we have seen an inverse correlation between gold and the united states dollar, when…