Forex News June 13, 2022
FX option FX option expires on June 13th at 10 a.m. in New York. A glance at what's on the board for today On days like these, sentiment is everything, therefore expiries aren't as important. In any case, there aren't…
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Gold and Inflation
Gold reaches weekly highs despite rising yields. Following the release of the US May CPI report, XAU/USD fell to $1824, the lowest level in three weeks, as Treasury yields rose. Gold broke above $1850 and gained strength after moving sideways…
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Forex News June 11, 2022
Indices The major indices have experienced their worst week since January. The NASDAQ index is down -5.6 percent.The higher-than-expected CPI reversed premarket stock gains, sending the major indices lower. A drop in Michigan consumer sentiment did not help the overall…
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Who Should We Blame for Inflation
While the war in Ukraine has harmed the global economy and is a humanitarian disaster, inflationary pressures had been building for months prior to Russia's invasion. Broader supply chain disruptions have also been a challenge; however, even with high inflation,…
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Slowing inflation In India
The Reserve Bank of India raised the repo rate, or the rate at which banks borrow from the central bank, by a significant 50 basis points to 4.9 percent on Wednesday. The move is part of the RBI's reversal of…
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