Dr. Mark Thornton, John O’Donnell and Merlin Rothfeld talk about the “Chicago Plan” and how it might make our markets more stable by not permitting fractional reserve banking. The trio also discuss Oil, the US dollar, Mises.org and the Austrian School of Economics.
Editors’ Picks
EUR/USD climbs above 1.0400 on broad USD weakness
EUR/USD gathers bullish momentum and trades above 1.0400 on Monday. The US Dollar remains under heavy selling pressure and helps the pair push higher as risk mood improves on news of US President-elect Donald Trump considering tariffs that would only cover critical imports.
GBP/USD surges above 1.2500 as risk flows dominate
GBP/USD extends its recovery from the multi-month low it set in the previous week and trades above 1.2500. The improving risk mood on easing concerns over Trump tariffs fuelling inflation makes it difficult for the US Dollar (USD) to find demand and allows the pair to stretch higher.
Japanese Yen bulls remain on the sidelines; USD/JPY stands firm above mid-157.00s
The Japanese Yen continues to be undermined by wavering BoJ rate hike expectations. The au Jibun Bank Japan Services PMI was revised down to 50.9 from 51.4 for December. The USD stands near a two-year top amid the Fed’s hawkish shift and supports USD/JPY.
Editors’ Picks
EUR/USD climbs above 1.0400 on broad USD weakness
EUR/USD gathers bullish momentum and trades above 1.0400 on Monday. The US Dollar remains under heavy selling pressure and helps the pair push higher as risk mood improves on news of US President-elect Donald Trump considering tariffs that would only cover critical imports.
GBP/USD surges above 1.2500 as risk flows dominate
GBP/USD extends its recovery from the multi-month low it set in the previous week and trades above 1.2500. The improving risk mood on easing concerns over Trump tariffs fuelling inflation makes it difficult for the US Dollar (USD) to find demand and allows the pair to stretch higher.
Gold retreats from session highs, holds above $2,620
Gold struggles to keep its footing and retreats from the session high it set near $2,650. Following a decline in the European session, the benchmark 10-year US Treasury bond yield recovers to the 4.6% area, capping XAU/USD's upside in the second half of the day.
Bitcoin Price Forecast: Reclaims the $99K mark
Bitcoin (BTC) trades in green at around $99,200 on Monday after recovering almost 5% in the previous week. A 10xResearch report suggests BTC could approach its all-time high (ATH) of $108,353 ahead of Trump’s inauguration.
Five fundamentals for the week: Nonfarm Payrolls to keep traders on edge in first full week of 2025 Premium
Did the US economy enjoy a strong finish to 2024? That is the question in the first full week of trading in 2025. The all-important NFP stand out, but a look at the Federal Reserve and the Chinese economy is also of interest.
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