EUR/USD took another hit after the Fed. As discussed above we expect the shift in language by Powell to favour a longer period of dollar dominance and keep the Atlantic Spread wide. All this reinforces our...

Silver price reached a three-month low at $29.26 on Thursday. Non-yielding Silver depreciates as the Fed’s “dot plot,” anticipates only two rate cuts in 2025. The BoJ kept the short-term rate target within the range...

WTI trades with mild gains near $69.50 in Thursday’s Asian session.  A cautionary tone by the Fed and Chinese sluggish demand concerns undermine the WTI price.  US crude oil stocks fell less than expected last...

The Australian Dollar receives support after the release of China’s Caixin Manufacturing PMI on Thursday. China’s manufacturing output in December continued to expand, marking its 14th consecutive month in growth territory. The US Dollar Index...

USD/JPY gathers strength to near 157.30 in Thursday’s Asian session.  The bets on fewer cuts by the Fed this year support the USD.  BoJ’s Ueda expected further progress in hitting the price target this year. ...