Kathleen
He liked
He liked
AUD/USD weakens further as US Treasury yields boost US Dollar
AUD/USD drops 0.26%, pressured by higher US Treasury yields and risk aversion, contributing to a 0.70% two-day decline. RBA keeps rates steady; nuanced inflation comments lead to negative market reaction for AUD/USD. US Fed caution echoed by Boston Fed President Susan Collins, warning against premat
He liked
Sweden’s Riksbank cuts rates amid mounting economic woes
The Riksbank has cut rates for the first time but is treading carefully amid ongoing concerns about the risk of a weaker currency. However, with Sweden’s interest rate-sensitive economy coming under greater pressure, further rate cuts look inevitable later this year. Domestic economic issues beginni
He liked
He liked
EUR/USD edges lower to near 1.0750 due to the upward correction in the US Dollar
EUR/USD halts its winning streak due to the uptick in the US Dollar. ECB Chief Economist Philip Lane said that recent consumer prices have bolstered his confidence in inflation returning to the 2% goal. Richmond Fed President Thomas Barkin said that elevated interest rates will further assist in all
He liked
He liked
He liked
He liked
The new mantra: Rates – Higher for longer
Dollar gets sold on the hint that rates could be cut at year end. Gold rallies on Wednesday, and gets sold on Thursday... Go figure! Good Day... And a Tub Thumpin' Thursday to one and all! Another game where the Cardinals' bats were silent or left in the bat rack yesterday, and they came home from a
He liked
He liked
Silver Price Forecast: XAG/USD bounces back to $26.60 after weak US Manufacturing PMI report
Silver price rebounds sharply from $26.30 as US Manufacturing PMI contracted in April. The speculation for Fed’s hawkish interest rate outlook remains firm as Manufacturing Price Paid rise above 60.0. Investors await the Fed’s policy decision for meaningful guidance. Silver price (XAG/USD) recovers
He liked
Pull-up Update