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The US 10-year Treasury yield, the benchmark for borrowing costs worldwide, hit 4.2%, approaching a 15-year peak of 4.3% hit in late October, as worries about inflation and aggressive Fed tightening spooked investors. The Federal Reserve delivered a widely expected 75 bps hike last week while flagging a longer monetary tightening path as the central bank seeks to...

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The euro fell further to $0.97 during the second week of October, closing close on a 20-year low of $0.95 set on September 27th after a positive US employment report boosted the currency and supported Federal Reserve interest rate increases. This occurred after a positive US employment report boosted the currency and supported Federal Reserve interest rate...

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WTI crude futures were trading around the $80 per barrel mark, pressured by persistent concerns over a demand-sapping global economic slowdown, while a stronger dollar supercharged the bearish momentum. The US oil benchmark is poised to decline for the fourth straight month while heading for its first quarterly loss in more than two years as markets were worried...

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For the first time since April 2010, the yield on a 10-year US Treasury note hit 3.9%, as expectations of higher interest rates to control sky-high inflation continued to make people less interested in buying government debt. In September, the Federal Reserve raised interest rates for the third time in a row, to a target range of 3% to 3.25% . Money markets now...

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At the end of September, the euro was worth $0.97, which was its worst level since June 2002. This was because investors were worried about a recession and digesting the results of Italy's election. According to economic data released on Friday, business activity in the Eurozone dropped for the third month in a row in September and is likely to drop even more in...

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Wednesday, the Federal Reserve made a much-anticipated decision about monetary policy: it raised interest rates by 3/4 of a percentage point. The Fed chose to boost the target range for the federal funds rate by 75 basis points, to 3 to 3.25 percent, because it aims to achieve full employment while keeping inflation at 2 percent in the long run. The Fed's third...

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The euro remained below $1 in the fourth week of August, the lowest level since late 2002, as recession fears in Europe reemerged again with a deepening energy crisis. Natural gas prices are approaching €300 per megawatt hour after Russian state-owned energy exporter Gazprom said it would shut down the Nord Stream natural-gas pipeline to Germany for three days of...

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In the third week of August, the euro fell to approximately $1.02, as rising fears about an economic slowdown, particularly in Europe and China, and hawkish views by certain Fed members drove the dollar higher. The euro has been trading at parity since early July, as there are growing signals that the Eurozone economy is entering a recession at a time when...

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Stock prices went down a lot during trading on Thursday, but they went up a lot during trading on Friday. Because of the rally that happened during the day, the main averages set new highs for the first quarter as they closed. As the trading day came to an end, the main averages went up even more, and at the end of the session, they were at their highest levels of...

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Update from the forecast below, where we pin pointed $3800 as the possible ATH for the time being, as we watch many developing scenearious. For those that want a quick fundamental update, here is my best! (read below)

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DXY: Upside target from previously posted forecast hit: +10.48% marginalized, +938 Bp EURUSD: Downside Target Swing Achieved 28 days, +644.8 pips from forecast posted March 6th

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The euro-British pound sterling traded at 0.83652 on Friday, March 11th, down 0.00330, or 0.39 percent, from the previous trading session.Looking back over the last four weeks, EURGBP lost 0.11 percent. Its value has decreased by 2.56 percent over the last year.Looking ahead, we forecast Euro British Pound Sterling to be priced at 0.82811 by the end of this...

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On Thursday, the Labor Department issued a report showing that the annual rate of U.S. consumer prices climbed faster in February than it did the previous month . In February, consumer prices jumped 7.9 percent year on year, the quickest pace since January 1982 , when prices rose 7.5 percent. According to Oxford Economics, the Russia - Ukraine conflict...

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As investors ditched safe-haven assets in favor of stock allocations, the dollar index bottomed around the 98 mark, moving away from a nearly two-year high of 99.40 reached earlier this week. The most active selling was against the euro, which was sparked by news that European Union members were considering issuing a joint bond to fund energy and defense spending....

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Today, the dollar index held steady above 99 and stayed near levels last seen in May 2020. Investors looked at geopolitical and economic concerns over the Russia–Ukraine conflict, and they bought dollars as a safe-haven. The long-running conflict in Ukraine didn't seem to go away, and it kept causing chaos around the world. This has led to a big rise in commodity...

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The yield differential between two-year and ten-year US Treasury notes, known as the 2s10s spread, has reached its highest level since November 2015. The 2s10s spread, which describes the slope of the yield curve, receives a lot of attention from market analysts and has arguably been a strong indication of economic mood and expectations. Historically, a steep...

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The recovery in the US Dollar (as measured by the DXY Index) following the disappointing August US Nonfarm Payrolls report has assisted in taking some of the luster off gold prices over the past week. Because the anticipated slowdown in both fiscal and monetary stimulus out of the United States has arrived – pandemic-era unemployment benefits have expired, and the...

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It was announced today that statistics from the purchasing managers' index (PMI) had been released, and although the most of the values were lower than anticipated, they indicate that the economic recovery remained at its incredible pace in August. As a start, the manufacturing index in France came in at 57.3, which was in line with predictions (albeit it was down...