The United Kingdom’s gold reserves are held by the Bank of England, totaling approximately 310.29 tonnes as of 2024. This…
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NEWS
YEN CARRY TRADING
Global stock markets fell sharply on Monday (August 5), their steepest decline in decades. Investors were nervous for a variety…
Continue ReadingUSD Index appears offered and could revisit 111.00, FOMC in sight
The USD Index (DXY), which tracks the greenback vs. a bundle of its main rival currencies, adds to Tuesday’s retracement and…
Continue ReadingU.S. dollar rises as Fed likely doing another big hike; sterling sinks
The dollar gained across the board on Monday, regaining some of the luster it lost earlier in the month, bolstered…
Continue ReadingProbability of the Fed Hiking Interest by 75 Bps Stands at 81%
The FOMC meeting is set to happen on November 2 and the probability of a 75 bits per second (bps)…
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