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Copper Explodes As Risk-On Trading Takes Hold
Copper Explodes As Risk-On Trading Takes Hold

Copper Soars MidweekCopper prices are exploding higher on Wednesday, with the futures market seen breaking out to 13-week highs. The move comes amidst a wave of risk-on trading as traders cheer the...

Crude Sinks On Easing US/Iran Tensions
Crude Sinks On Easing US/Iran Tensions

Oil PlungesOil prices are falling sharply midweek with crude futures down almost 5% on the day, now down around 9% from the week’s highs. The fall comes amidst signs that both the US and Iran have...

Bitcoin Breaking Out As ETF Buying Surges
Bitcoin Breaking Out As ETF Buying Surges

BTC Marching HigherBitcoin is on watch midweek as the reversal higher in the futures market continues to gather pace. Prices have now eclipsed the $80,185 level which had capped the market since...

Aussie Falls Despite RBA Rate Hike
Aussie Falls Despite RBA Rate Hike

RBA Hikes RatesAUDUSD is under pressure today despite the RBA hiking rates overnight. At the May rates meeting, the bank lifted its headline rate to 4.35% from 4.10% prior in an 8-1 vote. The voting...

Sharp Moves In Crude Amidst Fresh Iran War Uncertainty
Sharp Moves In Crude Amidst Fresh Iran War Uncertainty

Ceasefire Fears Driving CrudeCrude prices are on watch this week as fresh tensions around the Strait of Hormuz and ceasefire uncertainty drive renewed volatility in energy prices. Crude spikes higher...

Bitcoin Higher Amidst USD Downturn
Bitcoin Higher Amidst USD Downturn

BTC Turning Higher AgainBitcoin prices are turning higher again today with crypto assets in general benefiting from a weaker US Dollar on the back of suspected BOJ intervention yesterday. BTC futures...

Eurozone Inflation Spikes Ahead of ECB
Eurozone Inflation Spikes Ahead of ECB

ECB On Watch todayPlenty of central bank action today as the BOE and ECB prepare to deliver their April rate decisions. Both banks are widely expected to hold rates steady though hawkish risks abound...

Crude Soars As Trump Rejects Iran Peace Deal
Crude Soars As Trump Rejects Iran Peace Deal

Hawkish Vote Split at FOMCThe US Dollar is seeing muted price action over early European trading on Thursday. This comes despite a hawkish shift from the Fed last night at the April FOMC. The Fed held...

Dollar Plunges On Fresh Iran Peace Hopes
Dollar Plunges On Fresh Iran Peace Hopes

Dollar Down HeavilyThe US Dollar has turned sharply lower at the start of the week as traders react to news that Iran has submitted a new peace proposal to the US. The proposal which included terms to...