Rich Asplund on 05/20/2025

Dollar Remains Weak After US Credit Downgrade

The dollar index (DXY00 ) today slid to a 1-1/2 week low and is down by -0.15%. The dollar remains under pressure after Moody’s Ratings late last Friday downgraded the US government’s credit rating from Aaa to Aa1, citing a ballooning budget deficit and fiscal concerns. The downgrade puts the...US d

R Rich Asplund
Rich Asplund on 05/19/2025

Dollar Weakens on US Credit Downgrade

The dollar index (DXY00 ) Monday fell by -0.66% and posted a 1-week low. The dollar was under pressure Monday after Moody's Ratings late last Friday downgraded the US government's credit rating from Aaa to Aa1, citing a ballooning budget deficit and fiscal concerns. The downgrade puts the dollar's

R Rich Asplund
Rich Asplund on 05/19/2025

Dollar Sinks and Gold Prices Jump as Moody’s Cuts US Debt Rating

The dollar index (DXY00 ) today is down by -0.71% and fell to a 1-week low. The dollar is under pressure today after Moody’s Ratings late last Friday downgraded the US government’s credit rating from Aaa to Aa1, citing a ballooning budget deficit and fiscal concerns. The downgrade puts the...US doll

R Rich Asplund
Phillip Streible on 05/19/2025

Precious Metals Jump on Moody's Downgrade! Markets to Watch

Markets are ripping to new highs—but are the big players still on the sidelines? Phil Streible dives into the latest flows, positioning, and what to watch in today’s Metals Minute.Gold bullion rounded by istara via Pixabay

P Phillip Streible
Nick Ehrenberg on 05/18/2025

Gold Analysis & Targets

Educational and Actionable information using Fibonacci and W.D. Gann analysis.Gold bar graph by Lemonsoup14 via Shutterstock

N Nick Ehrenberg
Rich Asplund on 05/16/2025

Dollar Recovers as US Inflation Expectations Jump

The dollar index (DXY00 ) Friday rose by +0.19%. The dollar recovered from early losses on Friday and moved higher after the University of Michigan US May inflation expectations unexpectedly rose, a hawkish factor for Fed policy. Also, positive comments from Atlanta Fed President Bostic supported

R Rich Asplund
Andrew Hecht on 05/16/2025

Can Copper Reach New Highs?

After reaching a new record peak in March 2025, COMEX copper futures prices plunged, but remain just above the critical technical support level. Copper rallied to a lower high before selling took the price to just below the midpoint of the March and April trading range.Copper rods scrap metal by Ale

A Andrew Hecht
Rich Asplund on 05/16/2025

Dollar Slightly Lower on Weak US Economic News

The dollar index (DXY00 ) today is down by -0.02%. The dollar today is seeing downward pressure from weaker-than-expected US housing starts and building permits reports and from an unexpected decline in the University of Michigan US May consumer sentiment index to a 3-year low. Also, lower T-note y

R Rich Asplund
Oliver Sloup on 05/15/2025

Big Reversals in Commodities This Week

We’ve seen some big intraday reversals in a few commodities this week, including gold and cattle. Longer term reversals may be taking place in a few others.Candle stick graph chart with indicator by Vintage Tone via Shutterstock

O Oliver Sloup
Rich Asplund on 05/15/2025

Dollar Retreats on Mixed US Economic News

The dollar index (DXY00 ) Thursday fell by -0.14%. The dollar was under pressure Thursday as weaker-than-expected US Apr producer prices pushed T-note yields lower and boosted expectations for the Fed to cut interest rates. Other US economic reports on Thursday were mixed for the dollar. US weekl

R Rich Asplund
Gregor Horvat on 05/15/2025

Silver Finds Its Footing—Are the Bulls Back? (Elliott Waves)

Silver rebounded quite aggressively in April, following Trump’s decision to impose a 90-day tariff pause. At the time, there was still a lot of uncertainty, so many investors turned to metals as a safe haven—particularly during periods of trade tensions.Silver bullion by SonerCdem via iStock

G Gregor Horvat
Rich Asplund on 05/15/2025

Dollar Pressured by a Soft US PPI Report

The dollar index (DXY00 ) today is down by -0.25%. The dollar is under pressure today as weaker-than-expected US Apr producer prices pushed T-note yields lower and boosted expectations for the Fed to cut interest rates. Other US economic reports today are mixed for the dollar. US weekly initial u

R Rich Asplund
Rich Asplund on 05/14/2025

Dollar Recovers on News the US Not Seeking a Weaker Dollar

The dollar index (DXY00 ) Wednesday rose by +0.06%. The dollar on Wednesday recovered from early losses and posted modest gains. Short covering emerged Wednesday to push the dollar higher after Fed Vice Chair Jefferson said inflation could rise from US tariff policies. The dollar also recovered af

R Rich Asplund
Rich Asplund on 05/14/2025

Dollar Falls on News the US and South Korea Held Forex Talks

The dollar index (DXY00 ) today is down by -0.32%. The dollar is under pressure today after Bloomberg reported that the US and South Korea held forex talks on May 5, sparking speculation President Trump is open to a weaker dollar. Strength in stocks today has also reduced liquidity demand...US dol

R Rich Asplund
Darin Newsom on 05/14/2025

Are Gold and Wheat Tied at the Hip?

I've seen some discussion about the supposed correlation between gold and wheat as a reason to be bullish the latter (or bearish the former).Field of wheat at golden hour by Bruno via Pixabay

D Darin Newsom
Rich Asplund on 05/13/2025

Dollar Retreats on Soft US CPI Report

The dollar index (DXY00 ) Tuesday fell by -0.79%. The dollar retreated Tuesday after the US Apr CPI was weaker-than-expected and showed the smallest increase in 4 years, a dovish factor for Fed policy. Also, Tuesday’s stock rally curbed liquidity demand for the dollar. US Apr CPI rose +2.3% y/y,..

R Rich Asplund
Phillip Streible on 05/13/2025

Ratio Drops to 98:1- Markets Move Past the Recession Fears!

Silver plays catch-up as the gold-silver ratio narrows to 98:1! In today’s Metals Minute, Phil Streible breaks down why recession fears are fading and what that means for precious metals.Gold bullion rounded by istara via Pixabay

P Phillip Streible