Juliet
He liked
Silver breaks free of COMEX shackles [Video]
In the latest episode of Live from the Vault, Andrew Maguire examines the widening disconnect between synthetic and physical gold and silver markets, highlighting spiking gold lease rates and the move towards Basel III-compliant, physically settled bullion. With the gold and silver sectors at a pivo
He liked
USD/CHF remains on the defensive below 0.9050, US PMI data in focus
USD/CHF remains under selling pressure around 0.9045 in Friday’s early European session, down 0.23% on the day. Trump's rate cut calls undermine the USD against the CHF. Easing Middle East geopolitical tensions might cap the upside for the Swiss Franc. The USD/CHF pair remains on the defensive aroun
He liked
The spotlight shift's from Washington to Tokyo for the day
Markets As the new Trump presidency unfolds with frenetic energy, Wall Street has swiftly recaptured its fizz, driving stocks to soar to record heights on Thursday. This resurgence is fueled partly by Trump’s aggressive push to amplify investments in artificial intelligence, reigniting the tech ferv
He liked
USD: Corporate tax discussion in focus – ING
Trump’s day two in office was dominated by the threat to reshape tax systems for multinational companies. As part of a memorandum originally published on Monday, the president is tasking the US Treasury with investigating discriminatory taxes on US citizens or corporations, ING’s FX analyst Francesc
He liked
The automotive sector performed strongly in CEE last year
On the radar Producer prices in Slovenia declined by -0.2% y/y in December. In Croatia, unemployment rate increased marginally 5.1% in December, while real wages grew by 10.1% y/y in November. Today, at 10 AM CET, Poland will publish industrial output growth in December, producer prices, employment
He liked
USD/JPY: Bears regaining control – OCBC
USD/JPY fell, tracking the gap lower in UST yields. Focus next on BoJ MPC (Fri). We are looking for 25bp hike on Friday. USDJPY last seen at 155.46 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note. Daily momentum is bearish"Economic data has been supportive. Jobless rate easing, t
He liked
GBP/USD: Wage growth firms but jobless rises – Scotiabank
The Pound Sterling (GBP) has softened in line with the EUR through the overnight session, Scotiabank’s Chief FX Strategist Shaun Osborne notes. GBP slips back from Monday’s peak“UK data reports were mixed—wage growth picked up again in November but the 5.6% increase in Average Weekly Earnings was a
He liked
EUR/USD trades cautiously as focus shifts to Trump’s return to White House
EUR/USD wobbles around 1.0300 as investors shift focus to the US President-elect Donald Trump’s inauguration ceremony. Trump is expected to release policies on raising tariffs and lowering taxes soon after re-joining the White House. The ECB minutes showed that officials debated over reducing the De
He liked
He liked
GBP/JPY remains tepid near 190.50 following key economic figures from United Kingdom
GBP/USD remains under pressure as UK GDP shows growth in December but falls short of market expectations. The yield on the UK 10-year Gilt dropped to 4.73%, pulling back from multi-decade highs. The Japanese Yen strengthens as expectations rise for the BoJ to raise interest rates next week. GBP/JPY
He liked
USD/JPY tumbles over 1% as US core inflation cools
USD/JPY falls sharply as U.S. consumer inflation data shows slowing core inflation. Bank of Japan Governor's hawkish comments lift Yen; U.S. 10-year yields drop 12bps. Upcoming Fed speeches and U.S. economic data key for further market direction. The USD/JPY dropped over 1% in early trading during t
He liked
EUR/GBP holds positive ground near 0.8450 after UK CPI data
EUR/GBP gains momentum to near 0.8445 in Wednesday’s early European session. UK CPI inflation eases to 2.5% YoY in December vs. 2.7% expected. ECB’s Rehn said it makes sense to continue rate cuts. The EUR/GBP cross extends the rally to around 0.8445 during the early European trading hours on Wednesd
He liked
Forex Today: US Dollar bides time ahead of US CPI inflation test
Here is what you need to know on Wednesday, January 15: Markets are witnessing a typical cautious environment before the release of the all-important US Consumer Price Index (CPI) data for December, which will provide fresh insights on the US Federal Reserve’s (Fed) interest rates trajectory. The US
He liked
Pull-up Update