The Gold Spot Price (XAUUSD) has found relative ease, moving to the upside after gaining 2.49% last week. The greenback’s weakness boosted the precious yellow metal as traders gauged the…
The EURJPY currency pair has reached a critical high point, following European data showing signs of economic weakness. The Euro Area Retail Sales Year-on-Year came in lower than consensus, -2.3%…
According to S&P Global Market Intelligence, the consumer discretionary sector was the most shorted U.S. stock sector. While short interest, the percentage of outstanding shares held by short sellers, averaged…
Bulls took to the Dow Jones 30 Futures (CBOT: YM) to send the index higher by 2.68% from last week’s lows. Driving the market higher was the Federal Reserve, which…
The Greenback has given up some ground against Euro bulls, following a 1% gain from last week’s lows. Euro strength came on the back of strengthening Euro Area inflation, which…
It is no secret that market fundamentals support the US dollar, but renewed fundamental strength from the Eurozone has left traders scrambling to get on the right side of the…
Friday’s upbeat market tempo was due to Wall Street regaining losses after Atlanta Fed President Raphael Bostic made some interesting comments. The US Jobless claims data on Thursday indicated that…