Gold is looking to solidify north of $1600/oz as the Fed's massive QE program has historically been associated with a suppression of real rates, per T
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AUD/USD spikes to fresh multi-week tops and retreats, steadies below 0.6200 mark
The AUD/USD pair caught some fresh bids during the early North-American session and spiked to over three-week tops, around the 0.6215 region in the la
Wall Street opens higher as risk flows return on coronavirus optimism
Wall Street's main indexes started the day higher on Wednesday after failing to cling to early gains on Tuesday. As of writing, the Dow Jones Industri
S&P 500 Price Analysis: US stocks trade in three-week’s high, nearing 2700 mark
The S&P 500 is nearing the 2700 resistance level as bulls want an extension up following the recent surge en route towards the 2800 and 2900 levels on the way
Oil: Unlikely double digit cut – TDS
The energy market continues to be whipsawed by potential production cut expectations, strategists at TD Securities apprise. Key quotes “The OPEC+ meet
Canada: Housing Starts shows solid level of activity – BMO
Robert Kavcic, a Director and Senior Economist at the bank of Montreal, recaps the data released by Canada regarding Housing Starts. USD/CAD is sittin
Gold remains confined in a range, around $1650 region
Gold extended its consolidative price action through the early North-American session and is currently placed in the neutral territory, around the $16
US Treasury Sec. Mnuchin: Will be selling 20-year and 30-year Treasury bonds
"3,500 lenders are now active on the small business lending system," US Treasury Secretary Mnuchin told CNBC on Wednesday. Mnuchin further said that t
USD/JPY: 108.50 marks an initial target to the downside – TDS
Analysts at TD Securities note that USD/JPY has been drifting lower over the last day or two. Spot has been unable to hold on to a 109 handle as ralli
Poland: NBP has surprised by cutting rates – TDS
At its scheduled rate-announcement meeting, the NBP decided to halve its Base Rate by cutting it to 0.50%, Cristian Maggio from TD Securities reports.