-
US Dollar, Palladium and Copper Forecasts: The Market Is Finally Moving… But Has Anything Really Changed?
The good news? Several of the scenarios we’ve been discussing started to play out exactly as expected. The bad news? Most charts are still sitting between major support and resistance levels, meaning the bigger technical picture hasn’t changed just yet. Until those key barriers are broken, patience remains just as important as prediction. Yesterday we wrote: (…) “If today’s session closes below 100.77, today’s bullish gap would likely become nothing more than another failed recovery attempt, increasing the odds of a re-test of the support zone built around the previously broken March highs ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
QATARI NEGOTIATORS ARE IN IRAN TO MEET IRANIAN OFFICIALS IN AN EFFORT TO DE-ESCALATE TENSIONS AND CREATE CONDITIONS FOR BROADER NEGOTIATIONS TO CONTINUE; TALKS CONDUCTED IN COORDINATION WITH U.S. - SOURCE WITH KNOWLEDGE OF THE SITUATION QATAR SAYS IMPORTANT FOR IRAN, US TO IMPLEMENT MOU Talks aim to address implementation of the US-Iran memorandum of understanding and issues that triggered the recent US-Iran escalation, including disputes over navigation in the Strait of Hormuz - Source with Knowledge of Situation.
From brecorder.com | Jul 9, 2026
Copper rebounded on Thursday as the market hoped for another de-escalation in hostilities in the Gulf and the dollar dipped after its recent surge. Benchmark three-month copper on the London Metal Exchange was up 2.1% at $13,437 a metric ton as of 0920 GMT. The metal had dropped 1.5% on Wednesday on demand concerns after U.S. President Donald Trump said the ...
Japan finance minister Katayama: gradual interest rate rises expected as government pursues active fiscal policy Japan Finmin Katayama: BoJ can modify monetary policy irrespective of government opinion