Bitcoin tops $71K, about to retest highs

EURJPY continues to trend higher and extends steep upleg into sixth straight day, to hit new record high above 171 mark in early Monday trading. Bulls firmly hold grip despite overbought conditions and signals from Japan’s authorities about the intervention to support falling yen, which came under increased pressure after dovish BoJ’s stance in the […]

Markets Core bonds fell yesterday with German Bunds marginally underperforming US Treasuries. A solid European May services PMI (unchanged at 53.3) and an improving manufacturing one (47.4 from 45.7) coupled with record-matching Q1 wage negotiations (picking up from 4.5% to 4.7%) hurled German yields between 4.2 and 7.4 bps higher. The front of end of […]

Gold pulls below record high; might give up more ground Market trend stays positive as long as price holds above 2,463 Gold lost momentum after unlocking an all-time high of 2,531 on Tuesday near the rising constraining line drawn from July’s low, but it maintained its resilience above the 2,500 psychological number by the end of the […]