The Federal Reserve’s most recent monetary policy decision leaves rates unchanged at 0.00%-0.25%, as expected. No major changes to its asset-purchase plans were announced leaving the US Dollar high… Read More
The opening range for December raised the scope for higher gold prices, but bullion appears to be capped by the 50-Day SMA ($1872) ahead of the Fed rate decision. Read More
The US Treasury yield curve has steepened in recent weeks (long-end rates rising faster than short-end rates), but that might not mean what you think. Read More
The price of Brent crude oil looks to have consolidated its gains after climbing above the $50/barrel mark and is now well-placed to advance further in coming days. Read More
The US dollar basket continues to fall and is touching the 90.00 level, a low not seen in over two-and-a-half years. Important data and FOMC decision later today. Read More