The holidays in Europe and the US are keeping the FX board subdued, with majors consolidating in quite limited ranges this Monday. The EUR/USD pair has fell down to 1.0958, breaking below the 1.1000 level for the first time this May, amid doom Greek headlines, anticipating the country... Read more
Over the past few weeks the dollar bull had been trading with their backs against the wall, pressured by the spike in global sovereign bond yields, and the questionable timing of the Fed's first-rate hike that seemed... Read more
The markets, analysts and pundits look to be unified in their scepticism to the weakness of recent US data. This puzzles me as the majority of the 85 monthly data releases I follow have shown a pretty clear shift to the worse. Read more
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