FX Tensions Rise
Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone
DIGEST – Stocks trod water yesterday though trade in the FX space was choppy amid concern that valuations are the Trump Admin’s next focus. Today, a deluge of US economic data...
Global gold demand hits new high as prices soar in 2024
The World Gold Council’s Q4 and Full Year 2024 Gold Demand Trends report reveals that total annual gold demand hit a new, record high of 4,974t, driven by strong, sustained central bank buying and growth in investment demand. The combination of record high gold prices, and volumes resulted in the highest ever total value of demand at...
FX Tensions Rise
Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone
DIGEST – Stocks trod water yesterday though trade in the FX space was choppy amid concern that valuations are the Trump Admin’s next focus. Today, a deluge of US economic data awaits.
WHERE WE STAND – It’s time to talk about currency valuations.
I appreciate that might not sound like the most exciting subject...