Blogs

More from the St Louis Fed President in a virtual discussion: Yesterday Bullard said he sees US unemployment below 10% at year-end. That's not exactly a consensus call.

Atlanta Federal Reserve's head, Raphael W. Bostic has crossed the wires and has said that the pandemic relief will need to be lasting and means-tested

The Mexican peso retreated versus the US dollar on Wednesday, posting the first lost since May 15. The decline was modest and it still maintains a pos

GBP/USD is currently trading at 1.2247 and lower on the day so far. The US dollar has picked up a safe-haven bid as geopolitics heats up. Cable has tr

The US Dollar Index (DXY) is finding some solid support near the monthly lows close to the 99.00 level and the 100 SMA on the daily chart. However, the risk ap

XAU/USD has bounced up from two-week lows sub $1700 on Wednesday and is turning positive on the daily charts. The precious metal has reached $1,712 ar

Cable fell some hundred pips on Wednesday as traders booked profits from Tuesday's 1.2% rally, weakening near-term structure and shifting focus lower.

EUR/CHF fails at 1.0700 and returns to 1.0650 area. The euro has been capped by downward trendline resistance from April 2019 highs. Euro rally from

The NZD/USD pair rose to its highest level in 11 weeks at 0.6233 on Wednesday but lost its traction in the second half of the day. As of writing, the

Argentina Trade Balance (MoM) above forecasts ($1.15M) in April: Actual ($1411M)