With Corruption Crisis, The Philippines’ International Damage Is Soaring
In the Philippine flood-control corruption scandal, the multibillion-dollar net losses are huge. But without adequate resolution, international pressures could multiply the damage.
USD/JPY Realizes Correction: BoJ Policy Weighs On Yen
USDJPY rose to 154.98 on Monday, with the yen continuing to fall. Pressure on the currency increased after statements by Japanese Prime Minister Sanae Takaichi.
Markets Adjust To Changing Interest Rate Expectations
Over the weekend, President Trump suggested that a workable deal with Iran could happen. That reduced fears of war, which had been pushing market prices higher.
Pound Sterling Ticks Up Against US Dollar Ahead Of US ISM Manufacturing PMI
The Pound Sterling trades higher against its major currency peers.
You Need To See The Case For $200 Silver
The debasement/decline in the value of the U.S. dollar pushes investors into precious metals, including silver.
Gold Wipes Off $1000 As Correction Continues
Gold and silver extended their sell-off from last week, with prices diving another $400.
AUD/USD Forecast: RBA Decision Vs. Hawkish Fed Risks Cap Near-Term Upside
The AUD/USD forecast edges to the downside despite a hotter inflation print as the yields fell sharply, suggesting only a single RBA hike in the near term.
Donald Trump Appoints A New Successor For The Fed Chair
Market pressure was driven by rising Treasury yields and a strengthening dollar after President Donald Trump appointed Kevin Warsh as the successor to Fed Chair Jerome Powell.