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Will Warsh Spark USD Fireworks on Friday?
Will Warsh Spark USD Fireworks on Friday?

Warsh to SpeakAll eyes are on Fed chair Kevin Warsh’s upcoming speech at the Jackson Hole Symposium today, his first after taking over from former Fed chair Jerome Powell. On the back of a somewhat...

Dollar On Watch Into Warsh's Speech Tomorrow
Dollar On Watch Into Warsh's Speech Tomorrow

USD Higher on Data BeatUSD remains a little firmer today as traders await Fed chairman Warsh’s speech at Jackson Hole tomorrow. Yesterday, some better-than-forecast US data helped USD rebound off the...

Copper Reverses From Week's Highs
Copper Reverses From Week's Highs

Stronger Dollar Caps Copper RallyCopper prices remain under pressure today following a sharp reversal lower yesterday from the week’s highs. The reversal comes amidst an uptick in USD on the back of...

Gold Capped By Better US Data
Gold Capped By Better US Data

Gold Rally PausesGold prices are a little softer today as USD rebounds on the back of some better-than-forecast US data. Prelim quarterly GDP was seen rising to 6.4% above the expected (and prior)...

BOE Rate-Hike Expectations Lift GBP
BOE Rate-Hike Expectations Lift GBP

BOE Tightening Expectations RiseGBPUSD continues to push higher this week with the pair benefiting from recent USD weakness as well as a resurgence in BOE rate-hike expectations. Looking at the UK...

USD & Trump's 'Economic D-Day' For Iran
USD & Trump's 'Economic D-Day' For Iran

Fresh Iran SanctionsThe US Dollar is starting the week on a tentative footing today as traders await an announcement from US Treasury Secretary Bessent later regarding new sanctions to be applied...

Gold Higher As USD Tumbles on Bond Yield Sell-Off
Gold Higher As USD Tumbles on Bond Yield Sell-Off

Gold Breaks OutGold prices are on course to end the week firmly higher today as the yellow metal capitalises on the current bout of USD weakness. Some softer data last week first sparked the sell off,...

Copper Rallies on Supply Tightness & USD Weakness
Copper Rallies on Supply Tightness & USD Weakness

Copper Higher on FridayCopper prices are pushing higher again today ahead of the weekend as a combination of supply tightness and a softer US Dollar drive the market north again. Supply concerns have...

FOMC Mins Fail to Revive US Dollar
FOMC Mins Fail to Revive US Dollar

Dollar Down AgainThe US Dollar remains weaker on the back of the July FOMC minutes released yesterday. Given that the minutes were interpreted as leaning more to the hawkish side, the price action...