The US dollar failed to hold its gains following a significantly stronger-than-expected US employment report. The economy added 162,000 jobs versus the forecast of 56,000, while the unemployment rate remained at 4.1% and previous employment figures were revised higher. The data initially triggered a sharp rise in the dollar, but the US currency subsequently gave […]
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USD/JPY fell to 153.50 on Wednesday, leaving the Japanese yen close to its strongest level in almost seven months. The currency is receiving additional support from comments by US Treasury Secretary Scott Bessent, which have Read more…
Expectations of ECB monetary tightening are driving the EURUSD rally. The US dollar’s lacklustre performance is linked to the risk of a sharp fall in Treasury yields. The US dollar shrugged off the favourable backdrop Read more…
Natural gas has been on a genuinely volatile ride this week, briefly topping $3.00/MMBtu on Tuesday before reversing sharply lower as fading cooling demand outweighed strong LNG export needs. The commodity, currently trading near $2.91, Read more…