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Fundamental Analysis

Gold has posted slight gains in the Wednesday session, following two consecutive days of losses. In North American trade, spot gold is trading at $1273.64, up 0.18% on the day. On the release front, h...
Fundamental Analysis

Housing starts fell 4.8 percent to a 1.16 million-unit pace in July. Weakness was largely concentrated in multifamily, which fell 15.3 percent, while single-family slipped 0.5 percent. Permits fell 4....
Fundamental Analysis

Commodity currencies dominate a quiet Wednesday summer session as traders await this evening's release of the minutes from the Jul 26-27 FOMC meeting.  Recall the dollar fell sharply on that day,...
Fundamental Analysis

The solid print in retail sales and Empire Manufacturing Index yesterday helped the greenback to catch his breath. Retail sales advanced strongly in July, climbing 0.6%m/m (versus 0.3% expected), whil...