Copper Price: Is the Red Metal Anticipating a Recession?
The price of copper has been declining sharply in recent weeks, despite the good performance of world indices.
The price of copper has been declining sharply in recent weeks, despite the good performance of world indices.
The UK currency is struggling to hold onto gains even as it seems all-but certain that ts interest rates will rise
The South African Rand (ZAR) prints a new all-time high against the Greenback despite a 50bps hike by the Reserve Bank. If not interest rates, can anything arrest the Rands slump?
The move higher in the US dollar continues with the greenback nearing an important zone of resistance. Will debt default talks make or break this move?
Spot Gold continues to struggle against a rising Dollar index and US Yields. Will the bears finally assume control?
The US debt ceiling continues to hang over markets, though Nvidia’s numbers have provided yet another reason for the Nasdaq 100 to move higher.
EUR/USD down 0.3% in early trade as multiple factors weigh on the euro including German recession, US debt ceiling, US downgrade and souring risk sentiment.
The Australian dollar is looking vulnerable to a cross below key support against the US dollar, a break below which could lead to further losses in the near term. What is the outlook for AUD/USD, AUD/JPY, and AUD/CAD?
The crude oil price maintained the gains on a sliding US Dollar overnight after several Fed speakers expressed their differing views. If China continues to struggle, will WTI hold up?
The British pound’s rally against some of its peers has stalled recently, and chances are that the consolidation could extend a bit further in the short term. What is the outlook for GBP/USD, GBP/JPY, and EUR/GBP?