Biden's Stimulus Checks "Wreck Labor Pool" As People Get Paid To Stay Home There are new concerns that President Biden's $1.9 trillion coronavirus stimulus package is already harming...
US dollar eyes FOMC meeting The US dollar had a mixed session overnight, falling against the risk-sensitive Commonwealth currencies but rising mostly versus the majors, with...
EUR/USD is taking a pause after ending the week with strong gains. In the European session, EUR/USD is trading at 1.2074, down 0.19% on the day....
Why Interest Rate Management Fails Authored by Alasdair Macleod via GoldMoney.com, This article explains why attempting to achieve economic outcomes by managing interest rates fails. The...
Gold & The Coming Oil Shortage – Part I Via GoldMoney Insights, The oil price crash on the back of the COVID-19 lockdowns has accelerated the...
A weak US dollar is commonly seen as a benefit to international stocks as foreign companies’ returns appear more attractive in dollar-denominated terms. So it’s no...
Ruble Jumps After Russia Surprises With Bigger Than Expected Rate Hike While the Fed refuses to acknowledge that the US has an inflation problem, most emerging...
When you study the money supply, it shows that the inflation risk is different than in the 2010s.
The euro is showing some life in the Friday session after several days of drifting. In the European session, EUR/USD is trading at 1.2054, up 0.33%...
The euro continues to drift in tranquil waters this week. After pushing above the 1.20 line on Monday, the euro has not strayed very far from...
The tail chasing noise is already deafening this week. Having spent the first part of the week in doom and gloom mode as the market ran...
US dollar under pressure as yields soften The flip-flop price action in equities markets has also been reflected in currency markets to a lesser extent, mainly...
Canada’s central bank has decided to ease back on the throttle, given that revised calculations show the economy is on a much better trajectory than policy-makers...
Markets have been busy in my short absence, with recovery optimism and bullish speculative momentum making recent days look like a rerun of the 2020 buy-everything...
EUR/USD is having a rare day in negative territory. Currently, the pair is trading at 1.2006, down 0.24% on the day. The euro has been in...
The Canadian dollar continues to drift this week. In the Tuesday session, USD/CAD is trading at 1.2532, down 0.02% on the day. Will the BoC hit...
"Stunning Divergence": Latest Bank Data Reveals Something Is Terminally Broken In The Financial System There was a remarkable disclosure in the latest JPMorgan earnings report: the...
"Stunning Divergence": Latest Bank Data Reveals Something Is Terminally Broken In The Financial System There was a remarkable disclosure in the latest JPMorgan earnings report: the...
Dimon's Detached View Of Economic Realities Authored by Lance Roberts via RealInvestmentAdvice.com, In December of 2019, I wrote about Dimon’s delusional view of economic realities. To wit: “The...
In December of 2019, I wrote about Dimon's delusional view of economic realities. To wit: “The consumer, which is 70% of the U.S. economy, is quite...
The New Zealand dollar has posted limited losses in the Friday session. Currently, NZD/USD is trading at 0.7160, down 0.13% on the day. It has been...
Three Reasons Why Banks Are Slumping Despite Stellar Earnings Bank stocks slumped Thursday despite reporting huge beats on stellar trading revenues in Q1 (but mostly thanks...
According to JPMorgan CEO Jamie Dimon, the US is on the cusp of an economic boom which should fuel growth at least until 2023. Dimon attributes...
Watch Powell Live: Will The Fed Chair Delink Tapering From A 75% Vaccine Threshold Earlier this week, St Louis Fed President James Bullard made a big...
JPM Reports Blowout Earnings On $5.2BN Reserve Release; Stock Drops On Warning Of "Challenged" Loan Demand During a Q1 that was marked by steadily climbing interest...
Markets ignore rise in US inflation US inflation duly rose by 0.50% MoM for March overnight, roughly an eight-year high. However, the print was only just...
Currency markets content to watch from the sidelines Currency markets have moved into range-trading mode ahead of tonight’s US data, with US bond yields almost unchanged...
Fed's Tapering Roadmap Sets Up A Volatile Summer The Fed tipped its hand today, and unveiled its "viral reaction function" revealing the timetable according to which...
Fed's Bullard Says 75% Vaccination Rate Would "Allow Taper Debate"... Which Could Happen In Just Two Months And just like that the Fed's open-ended tapering discussion...
The Australian dollar has started the week with a whimper. Currently, AUD/USD is currently trading at 0.7620. Australia releases the NAB Business Confidence early on Tuesday...