AUD/USD rises at the expense of the US Dollar, which is down due to the US credit rating downgrade. US Republicans didn’t pass President Trump’s…
Key points UnitedHealth volatility highlights a key difference between the Dow and the S&P 500. UnitedHealth’s sharp decline and subsequent rebound had an outsized impact…
My previous AUD/USD signal on 15th April was not triggered, as none of the key support or resistance levels given were reached that day. Today’s…
Silver broke down significantly during the trading session on Wednesday, as we continue to see a lot of noise in this market. That makes sense,…
Here is what you need to know on Wednesday, April 30: Following Tuesday’s choppy action, financial markets remain relatively quiet early Wednesday as investors gear…
The People’s Bank of China ()PBOC) Deputy Governor said in a news conference that the “impact on China’s forex assets from volatility in US bond…
Here is what you need to know on Tuesday, April 15: The action in financial markets turns subdued early Tuesday as investors finally take a…
Japanese Finance Minister Shunichi Kato said on Tuesday, “excessive volatility would negatively affect economic and financial stability.” Additional quotes Planning to attend the Spring meetings…
Last week’s FX volatility reached crisis-like levels, sparking fears of deeper market stress. A breakdown in traditional correlations and talk of coordinated dollar devaluation suggest…
Japan’s Finance Minister Shunichi Kato said early Friday that foreign exchange rates should be set by markets, adding that excess FX volatility negatively impacts the…