An acceleration in the US CPI will support the US dollar. Currency interventions have provided temporary relief for the yen. The US dollar has been stuck within a 0.4% range over the past week, amid a stalemate in the Middle East. NACHO or ‘Not a chance Hormuz Opens’ has replaced TACO. Investors are coming to […]
The post US Inflation Will Put Everything into Perspective appeared first on ActionForex.
There’s a certain kind of analyst who doesn’t talk much when he’s wrong and doesn’t celebrate long when he’s right. Stephen “Sarge” Guilfoyle is that kind of analyst. Sarge is a former NYSE floor trader Read more…
Rising gas prices are pushing more Americans to rethink how (and where) they drive. Even drivers who do not fill up often are noticing the spike in gas prices. As someone who drives an electric Read more…
Key Takeaways West Texas Intermediate crude oil remains strongly supported by ongoing geopolitical tensions after hopes for renewed US-Iran peace talks faded, increasing the risk of a prolonged Strait of Hormuz disruption and sustained global Read more…