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Bitcoin Spikes As US Inflation Drops Sharply
Bitcoin Spikes As US Inflation Drops Sharply

US Inflation TanksBitcoin prices are on watch today after the futures market surged higher yesterday in response to weaker-than-forecast US inflation data. Annualised headline CPI came fell back to...

Copper Rallies Following US Inflation Miss
Copper Rallies Following US Inflation Miss

Copper JumpsCopper prices are pushing higher through the middle of the week with the futures market up around 3%. The move comes amidst a changing outlook for the US Dollar on the back of yesterday’s...

US Inflation Expected To Cool Sharply Today
US Inflation Expected To Cool Sharply Today

Inflation On WatchAll eyes are on the US Dollar today as traders await the June CPI print this afternoon. On the numbers front, the market is looking for headlines annualised CPI to cool to 3.8% from...

Dollar On Watch Ahead of Inflation Tomorrow
Dollar On Watch Ahead of Inflation Tomorrow

Fresh US/Iran AttacksThe US Dollar is starting the week in a muted fashion with the DXY a little softer through the European open on Monday. Traders are monitoring headlines on the Middle East...

Gold Falling Ahead of FOMC Mins
Gold Falling Ahead of FOMC Mins

Gold Down on US/Iran Strike NewsGold prices are back under pressure today as news of fresh US strikes against Iran overnight help lift USD. We also have the FOMC minutes coming later today which are...

Yen Sinks As USD Rallies Ahead of FOMC Mins
Yen Sinks As USD Rallies Ahead of FOMC Mins

Yen Under PressureUSDJPY is back within 50 pips of the YTD USDJPY is back within 50 pips of the 40 years around 162.85 with the pair having rebounded sharply off last Thursday’s drop. There is plenty...

Sterling Continues to Outshine US Dollar
Sterling Continues to Outshine US Dollar

UK Political OptimismGBPUSD remains in the green so far today with the British Pound one of the best performers against USD in recent days. The pair is now on course for its seventh straight day in...

FOMC Mins In Focus This Week
FOMC Mins In Focus This Week

 Fed Rate Hike ExpectationsOver a much quieter data schedule this week, focus for the US Dollar will be on the FOMC minutes due on Wednesday. Rate hike expectations have been shifting around since...

USDJPY Soars Back Towards Highs
USDJPY Soars Back Towards Highs

JPY Breaks Down AgainUSDJPY is soaring higher again this week shrugging off any suspected intervention from Japanese authorities crashed ahead of Thursday’s NFP release, plunging around 1.3%. However,...