Can the hottest trading on Wall Street ignite a trading frenzy in Europe?

These derivatives have become so popular that some people are starting to worry that they are affecting the US benchmark stock index itself. In Europe, participants seeking signs of life in stagnant markets will closely monitor the level of demand for the

Does Powell affirm the trend of high yields on US Treasuries? There are two major suspense in the new weeks foreign exchange market

Last Friday, Federal Reserve Chairman Powell stated that the United States may raise interest rates again, thereby pushing up short-term US bond yields. Powell, speaking at the Kansas City Federal Reserve Bank\\\'s annual seminar in Jackson Hole, Wyoming,

Gold has resilience in the face of headwinds, what kind of catalyst is needed to break free from downward trends?

Faced with a huge headwind, the gold market has maintained its resilience. But some analysts say that gold urgently needs a catalyst to push the price out of the current downward trend.

Can you get rich easily with Forex scalping?

For a long time, scalping has been somewhat mysterious in foreign exchange trading. Scalping trading has attracted much attention due to its high-speed trading and high profitability. By trading frequently in a short period of time, traders can quickly ac

Japanese Yen Slides on BoJ and Fed Commentary from Jackson Hole. Higher USD/JPY?

The Japanese Yen is threatening to make another 10-month low to start Monday after comments from the leaders of the Bank of Japan (BoJ) and the Federal Reserve appear to have opened the gate for higher USD/JPY.

Markets Week Ahead: US Dollar, Gold, Euro, NFPs, Key Fed Inflation Gauge, China PMI

The US Dollar mostly outperformed against its major counterparts this past week. The British Pound, Euro and Canadian Dollars were some of the worst-performing majors while the Chinese Yuan and Australian Dollar fared better. Taking a look at commodities,

The US existing home sales decline, can not stop the dollar index to break up!

A less closely watched reading released at the same time, the Richmond Fed manufacturing index for August, came in at -7, in line with expectations and up from -9. A reading below zero indicates a deterioration in manufacturing conditions, and this is the

Forex trading reminder: The dollar was dragged down by the fall in US Treasury yields, and most non-US currencies rebounded

Beijing time on August 9 Asian time, the US dollar index fell slightly, currently trading around 102.37, dragged down by the fall in US bond yields. The U.S. dollar rose broadly on Tuesday in safe-haven bids after a string of disappointing Asian trade dat

World Gold Council: Global gold demand remained good in the second quarter, and central bank buying demand slowed down slightly

In the second quarter, global central bank purchases of gold slowed slightly, but remained positive. Coupled with healthy gold investment and strong demand for gold jewelry, gold prices have been effectively boosted.

Silver is on track for its best month since March on bets that the Federal Reserve will pause interest rate hikes

The silver market continues to be sensitive to gold prices. However, the volatility in the market shows what kind of potential the grey metal has when gold starts to rebound.

A couple of light releases on the agenda in Europe today

The Australian dollar is the early mover today after the RBA decision to leave the cash rate unchanged at 4.10% again. The aussie is lower as a result but it isn\'t that bad as markets have already priced in this outcome more so than a rate hike. The yen

Aussie falls as RBA opts for an extended pause

The good news for the aussie is that the decision today isn\'t as surprising to markets, as traders were already pricing in roughly 66% odds that the RBA will leave the cash rate unchanged. As such, we\'re only seeing a modest drop in AUD/USD from around

Full statement of the RBA August monetary policy decision

Interest rates have been increased by 4 percentage points since May last year. The higher interest rates are working to establish a more sustainable balance between supply and demand in the economy and will continue to do so. In light of this and the unce

RBA leaves cash rate unchanged at 4.10% for a second straight meeting

The extended pause today fits with what markets have roughly priced in, as there were about 66% odds of there being no change today. The aussie is slightly weaker after the decision as the remaining balance is reacting to the decision but when all is said

What levels to watch for in AUD/USD ahead of the RBA?

The aussie got a decent lift yesterday but the gains weren\'t too significant as topside was capped by the 200-day moving average (blue line). After the rejection there, we are seeing price fall back now towards the 100-day moving average (red line) at 0.