Ashraf Laidi

By Adam Button The coronavirus backslide isn't just a US story; Australia grabbed headlines on the weekend because of outbreaks and a number of countries are hitting various records. The US dollar...

By Adam Button Risk trades initially cheered an unexpectedly strong non-farm payrolls report but the enthusiasm didn't last (More on the dynamics of market reaction below). Strong US data and...

By Adam Button The US dollar was singled out for selling on Tuesday but the overall picture fared mixed. The euro continued to preserve its role as the posterchild of technical trading, emerging as...

by Adam Button Fed Chair Powell stuck to a largely expected rhetoric during his Congressional testimony after Monday's unexpected Fed play into corporate bonds. Powell's testimony led with indications...

By Adam Button Gold and yen held on to their gains after most currencies pulled back against USD following a sell-off in global indices in early Europe trade. The developments emerge after indices...

By Adam Button Emotion is in the streets and the markets. The kiwi was the runaway top performer last week, while the yen was the laggard. Today, gold and silver are the biggest gainers vs USD, while...

By Adam Button A big question is to what extent the market will await the economic recovery to appear in the data, especially given that additional US unemployment benefits run out at the end of July....

By Adam Button   The rapid escalation of social discord in the United States highlights another reason that debt this decade will spiral out of control. The US dollar starts the month on a down note...

By Adam Button EUR/USD finally cut through resistance in the 1.1000/20 zone on Thursday as the euro led G10 FX. USDX is on course for its biggest monthly fall of the year. The Canadian and US dollars...

by Adam Button The US dollar suffered one of its worst days since the dawn of the pandemic on Tuesday as commodity FX surged on a better risk tone. US indices eased off the highs, but the S&P 500...