AUD/USD’s rally from 0.6864 is in progress and intraday bias stays on the upside for 200% projection of 0.6864 to 0.7026 from 0.6921 at 0.7245. On the downside, below 0.7136 minor support will turn intraday bias neutral again. In the bigger picture, price action from 0.7277 medium term top is seen as developing into a […]
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In this interview, Andrew G. Biggs, PhD., Senior Fellow at the American Enterprise Institute, explains why the number of workers without a 401(k) or other formal retirement plan doesn’t tell the whole story. He discusses Read more…
Gold is benefiting from the weakness of the US dollar, despite rising Treasury yields. Gold-focused ETFs are attracting billions of dollars. The US dollar has recouped almost half of the losses incurred due to the Read more…
USD/JPY steadied around 159.31 on Thursday, remaining in a narrow range. Investors continue to assess the outlook for Bank of Japan monetary policy. Markets are now pricing in approximately an 87% probability of a 25-basis-point Read more…