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Recent Currencies Commentary

Author Picture GOLD Broader Bias Remains To The Downside Short Term
GOLD faces risk of more weakness in the days ahead as it retains its downside pressure.

Author Picture Gold Breaks Down, Waving Good-bye to the 2019 Rally
Our summary of the current situation in the precious metals is not going to differ much from what we wrote yesterday , and the reason is simple. The decline in gold, silver, and miners is developing just as weve been expecting it to . Most...

Author Picture Main Event Today is President Trump's Speech to the New York Economic Club
The main event today will be President Donald Trumps speech to the New York Economic Club at 11:00 central time. Traders anticipate his speech will provide new insights on the state of the U.S.-China trade situation.

Author Picture Investors turn to cash on lack of further progress in US-China talks
Asian equities took over a flat-to-negative market on Tuesday, following a trading session painted in red both in European and US equity markets.

Author Picture USDCAD Outlook Remains Higher In The Short Term
USDCAD remains biased to the upside on further recovery pressure in the short term.

Author Picture The Global Economy is Stabilizing
There are indications that the global economy is beginning to stabilize, which suggests major central banks are likely to push farther out into the future additional easing measures.

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