Into the Jackson Hole Vortex
By Published: Traders shouldn’t be surprised if gold prices spend most of the week trading sideways ahead of the Federal Reserve’s Jackson Hole Economic Policy Symposium. Weekly Fundamental Gold Price… Read more »
Category: News
Rising defaults in high-yield bonds puts this year on track for postcrisis record, warns Goldman Sachs
Defaults on bonds issued by debt-laden U.S. companies with speculative-grade ratings are on pace to reach a new high this year for the post 2008 crisis era, according to Goldman… Read more »
Gibraltar releases Iranian tanker
Not clear where the tanker is headed A Gibraltar court released the Grace 1 tanker on Saturday and the ship is preparing for departure. The move came despite US objections… Read more »
US Dollar May Rise if Fed Minutes and Jackson Hole Spook Markets
US DOLLAR FUNDAMENTAL FORECAST: BULLISH US Dollar may gain on Fed meeting minutes, Jackson Hole symposium Commentary and outlook may spook markets, boost demand for liquidity Are investors once again… Read more »
Mid-August major central bank overview
The weekend is a perfect time for a quick catch up for where the major central banks are at. The central banks will be listed with the most bearish central… Read more »
Sliding Crude Oil Can’t Look to Jackson Hole For Price Support
Fundamental Crude Oil Forecast: Bearish Last week was rough for crude Chinese and German data disappointed, inventories rose The coming week may be no worse, but it’s hard to see… Read more »
Australian Dollar Bears Rule But May Not Turn Up Heat This Week
Fundamental Australian Dollar Forecast: Neutral AUDUSD remains close to 11-year lows Two further interest rate cuts are now fully priced Still, the market may lack cause to hammer the Aussie… Read more »
US yields recover a bit into the weekend
Forex news for NY trading on August 16, 2019 Yes this week, had a day when the Dow and Nasdaq each fell over 3%. However, this week was really about… Read more »
FX Week Ahead – Top 5 Events: July Canada Inflation Report & USD/CAD Rate Forecast
Canada Inflation Report Overview: The July Canada inflation report (consumer price index) is due out on Wednesday, August 21 at 12:30 GMT, and the data are expected to show a… Read more »
Greenback trading at 8-day highs against the Swiss franc
The Greenback gained momentum against CHF in the last two days of the week. The level to beat for bulls are seen at 0.9815 and 0.9845 resistances. USD/CHF daily… Read more »