The Japanese Yen has been a thorn and a crown for traders over the last week, providing both headaches and bliss in a wild ride of price action. he fundamental backdrop for Japanese monetary policy remains unchanged for now despite Kazuo Ueda taking the reigns last month as the new Governor of the Bank of...Read More

Gold ramped higher after the North American close today at the same time that the crude oil price fell in a heap. The moves come after the Federal Open Market Committee (FOMC) raised its target rate by 25 basis points to 5-5.25% yesterday. The US Dollar ended weaker against all G-10 currencies on Wednesday, potentially...Read More

Gold broke higher in the overnight session, racing above US$ 2,000 an ounce with risk sentiment sinking which saw Treasuries go higher on lower yields. Wall Street finished down after regional banks faced scrutiny by the market despite the embattled First Republic Bank finding a home with JP Morgan at the start of the week....Read More

Gold continues to tread water ahead of a crucial week of US data points and a Federal Open Market Committee (FOMC) meeting. While ISM and non-farm payrolls data will be closely watched, the FOMC gathering will be the focus for markets. The interest rate market has pretty much baked in a 25 basis point lift...Read More