A busy week saw plenty of action in the yen and the pound, and a stronger dollar in general. A jey German survey, GDP data from the UK Canada and the US and rate decisions in the US and in Japan stand out. These are the major events on forex calendar. G20 Meetings: Sat-Sun. The UK and Japan are expected to lead the discussion towards co-ordination in fiscal spending with monetary policy.German Ifo Business Climate: Monday, 8:00. German ...
Jake Owen has released his newest track "If He Ain't Going To Love You" featuring Chris Stapleton. The funky track is the ninth off of Owen's new release American Love and finds the country star asking if he can step in for a special someone who isn't getting the love she deserves. "Don't want to come on too strong / Don't get me wrong / Girl, I need to talk to you . . ." "I remember, years back, calling and asking for Chris Stapleton" ...
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US Dollar Forecast – US Dollar Looks to Fed, US GDP, Struggling Euro and Yen to Guide It The USDollar has advanced for five consecutive weeks – although the pace hardly resembles the unconstrained bull trend through the first quarter of 2015. Japanese Yen Forecast – USD/JPY July Recovery at Risk on Wait-and-See FOMC/BOJ Policy The diverging paths between the Federal Open Market Committee (FOMC) and the Bank of Japan (BoJ) ...
Silver still has a fully-loaded boat of large silver traders long in the futures market (record long), of which their net position may have been reduced this week, but we won’t likely find that out in today’s COT report given it is for the week ending on Tuesday. The real meaty move lower came on Wednesday. At any rate, crowded trades are not where we want to be, but if price action suggests the crowd is right, though, then they are, at least until they aren’t. So far, broadly speaking they have ...
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