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.
The US dollar is having its best week in nine months, while gold saw its biggest daily percentage drop since January yesterday, says Adam Button of ForexLive.com.
USD strength broadens in a thinly traded Friday session, partly on position squaring from Thursday's USD pullback as traders preferring to be flat ahead of next week's charged Fed event, says Adam Button of ForexLive.com.
Friday's Non-Farm Payrolls report struck just the right tone for those hoping for a long period of ultra-low rates in the US, says Adam Button of ForexLive.com.
The USD is finally gaining ground as indices pull back with markets drawing closer to the final week of the month and a long weekend in the US and UK, says Adam Button of ForexLive.com.