Japanese Yen (USD/JPY) – Bond Buying, Rate Expectations, and Fed Chair
The Bank of Japan may not hike interest rates this month but may begin to pare back its bond-buying program
Gold (XAU/USD) Slips After the PBoC Step Back from Buying for the Second Month
The price of gold slipped Monday after data showed that the People’s Bank of China (PBoC) left its gold reserves untouched in June.
Australian Dollar Returns Some Gains But Stays Close To Year’s Highs
As long as the Reserve Bank of Australia looks likely be among the last majors to cut rates, it’s hard to see the Aussie falling far
Euro (EUR/USD) on Edge After Surprise French Election Result
In a shock result, the left-wing New Popular Front (NPF) beat both the right-wing National Rally (RN) and President Macron’s Ensemble alliance to gain the most seats in the National Assembly.
Japanese Yen Q3 Fundamental Forecast: Yen Can Go Lower Yet Unless US Rate-Cut Hopes Revive
The yen remains in a precarious position heading into Q3 after it depreciated to extreme levels, risking another bout of direct FX intervention from Japanese officials
British Pound Q3 Fundamental Forecast: Time to Start Cutting Interest Rates
The British Pound is under pressure going into the third quarter of the year as interest rate cuts finally heave into view. With the UK highly likely to elect a Labour government, investors may shun the pound due to unclear spending plan
Gold Q3 Fundamental Forecast: Interest Rates, Central Bank Demand and Risk
Gold’s Q3 direction hinges on rate shifts, reduced central bank purchases, the run up to the US election, and the continuation of major global conflicts
Crude Oil Q3 Fundamental Forecast – Supply Looks Solid, But What About Demand?
Can the Geopolitics is likely to guide price action as major conflicts extend
Euro Q3 Fundamental Forecast: Euro Path Dependent on French Politics and US Fed Policy
French elections likely to weigh on the Euro at the start of Q3 but the single currency looks to recover lost ground as the Fed eyes a rate cut, potentially as soon as September
US Dollar (DXY) Unchanged on Mixed US NFPs, Gold Grabs a Small Bid
The latest US Jobs Report showed 206k new jobs created vs. expectations of 190k. Last month’s figure however was revised sharply lower from 272k to 218k.