King Dollar Ends Win Streak as Countdown to ‘Wildcard’ Fed Meeting Begins By

© Reuters. By Yasin Ebrahim – The dollar rose Friday, but remains set to snap a two-week winning streak as investors turned attention to the Federal Reserve’s monetary policy meeting due next week that could prove to be a “wildcard” for U.S. bonds yields, which have been driving up the greenback. The , which … Read more

The US SEC has laid charges over fraudulent stockmarket tweets

The US Securities and Exchange Commission has laid fraud charges and frozen the assets of a California-based alleged scammer  used social media to spread false information about a defunct company, while secretly profiting by selling his own holdings of the company’s stock The memo published by the SEC reads like a ‘how-to’ article on conducting … Read more

AstraZeneca coronavirus vaccine blood clots to cause risk-off

The Finacial Times has reported that Germany and France are among the growing list of European countries to have suspended or limited use of the Oxford/AstraZeneca coronavirus vaccine after reports of possible side-effects including several incidents of blood clots in people that had received the shot. ”The European Medicines Agency and the World Health Organisation … Read more

Dollar Up, Boosted by Rising Treasury Yields and Persistent Inflation Worries By

© Reuters. By Gina Lee – The dollar was up on Monday morning in Asia, holding firm after bouncing off a one-week low hit during the previous week. The greenback was supported by a rise in benchmark Treasury yields to more-than-one-year highs as inflation fears continue to persist. The that tracks the greenback against … Read more

XAU/USD bulls stepping up to plate

Gold prices on the verge of significant upside correction. A weekly 50% mean reversion of the bearish impulse could be on the cards. The price of gold is trading at $1,731 in a tight range in very quiet markets on Tuesday in early Asia,  Overnight, the yellow metal was attempting to break a key resistance area, … Read more

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