Yen Nears 160 Again as Markets Demand More Than a Token BoJ Hike

The Japanese Yen is once again approaching the intervention red line around 160 per dollar, despite growing confidence that the Bank of Japan will...

Stronger Eurozone Inflation Gives EUR/CAD a Floor. But Can It Break the Ceiling?

Eurozone inflation has given EUR/CAD a reason to stay bid, but perhaps not yet a reason to break much higher. The stronger-than-expected rise in...

Gold’s 4,400-4,600 Standoff To Be Decided by the Next Iran Headline

Gold is trapped between two competing narratives, and neither side is winning decisively. Last week, the precious metal rebounded after successfully defending a major...

Brent Oil Challenges 97.81 as Iran Halts Talks. Peace Trade Faces First Real Test

Just as investors were becoming comfortable with the idea of a US-Iran agreement, oil markets received a sharp reminder of how fragile that assumption...

Hammack Warns Fed May Need to Act Soon as Inflation Moves...