In the years following the economic reopening after COVID-19, U.S. Treasury yields surged as inflation spiked significantly.
Commodity currencies have been demonstrating robust strength, notably outperforming the Euro (EUR) and British Pound (GBP) since November.
In todays article I will look the difference between German and US bond yields can give us hints about where the Euro-Dollar exchange rate might be headed.
In this article, I’ll give you an update on USDMXN, which we’ve talked about before.
USDCAD has been in a bearish trend since the end of 2022.
Today, I want to talk about silver because it’s one of the things that everyone expects to break higher.
The USD has recently demonstrated an upward trend, after higher inflation data last week but still below 3.3% expectations y/y.
Up until now this year, the pound has made significant upward progress, continuing its recovery that began in September 2022 after a massive capitulation, pushing it to levels not seen since 1985 at 1.05.
The USD experienced a strengthening last week while stocks faced a decline, which was influenced by Powell’s statement suggesting the possibility of raising interest rates once or twice more this year.
Crude oil is demonstrating efforts to stabilize following the recent FED rate decision, exhibiting intriguing intraday support around $67.00 per barrel throughout the week.