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dollar

Copper Soars As China Demand Jumps
Copper Soars As China Demand Jumps

AI Stock SupportCopper prices are soaring higher today with the futures market up 2.8%, now up almost 5% on the week. There are a few factors combining to help support copper prices here. Firstly, the...

Copper Higher Amidst Fresh Supply Issues
Copper Higher Amidst Fresh Supply Issues

Falling Copper OutputCopper prices are pushing higher again today as focus returns to the supply issues threatening the sector. A major storm in Chile has disrupted operations are several key mines...

Quiet Start For Dollar Despite Oil Moves
Quiet Start For Dollar Despite Oil Moves

Dollar muted on MondayThe US Dollar is trading in a rather subdued fashion at the start of the week, somewhat surprisingly given the run up we’ve seen in oil. Escalating hostilities between the US and...

Gold At Risk Of Deeper Drop Over Iran War Re-escalation
Gold At Risk Of Deeper Drop Over Iran War Re-escalation

Fresh Middle East FearsGold prices are on course to end the week firmly lower as a re-escalation in the US/Iran war sparks a renewed bid in USD and stokes inflation fears once again. Developments in...

Copper Drops Sharply As Sentiment Shifts
Copper Drops Sharply As Sentiment Shifts

Copper Sinking on FridayCopper prices are falling sharply on Friday with the futures market gapping lower today and now down around 2% from yesterday’s close. The move comes amidst a fresh uptick in...

Dollar Down Sharply On Dovish Rates Repricing
Dollar Down Sharply On Dovish Rates Repricing

US Inflation PlungesThe US Dollar is down sharply through the back of the week after suffering further heavy selling yesterday. The move lower comes amidst a wave of softer-than-forecast inflation...

Bitcoin Spikes As US Inflation Drops Sharply
Bitcoin Spikes As US Inflation Drops Sharply

US Inflation TanksBitcoin prices are on watch today after the futures market surged higher yesterday in response to weaker-than-forecast US inflation data. Annualised headline CPI came fell back to...

US Inflation Expected To Cool Sharply Today
US Inflation Expected To Cool Sharply Today

Inflation On WatchAll eyes are on the US Dollar today as traders await the June CPI print this afternoon. On the numbers front, the market is looking for headlines annualised CPI to cool to 3.8% from...

Dollar On Watch Ahead of Inflation Tomorrow
Dollar On Watch Ahead of Inflation Tomorrow

Fresh US/Iran AttacksThe US Dollar is starting the week in a muted fashion with the DXY a little softer through the European open on Monday. Traders are monitoring headlines on the Middle East...