Few traders are more in-tune with the news than Adam Button. The co-owner and managing director of ForexLive.com is one of the most-followed sources of live commentary on economic news. Formerly a financial journalist, he was consistently amazed at how often market watchers missed headlines. Mr. Button is also a currency analyst at Intermarket Strategy and was the chief currency strategist at XForex.
US and Canada jobs data are front and center, with gold and GBP clearly edging higher vs. USD, says Adam Button of ForexLive.com.
If copper has a doctorate in economics, then the prognosis is very good; it hit a 10-year high on Monday, says Adam Button of ForexLive.com.
The pandemic led to the most-aggressive deployment of monetary policy in history, but its success means it's already time for withdrawal, says Adam Button of ForexLive.com.
Little has changed in the underlying economic fundamentals this week but a potential unwinding is underway in indices, especially tech/Nasdaq, says Adam Button of ForexLive.com.