Market Update – August 23 – Dollar Dips, Equities Hold gains
Market News Today – USD (USDIndex 93.32) ticks lower again today, but holds significantly over 93.00.Yields (10yr 1.26%) lower as Asian stock markets follow US higher. (USA500 closed +0.81% @…
Read More »Japan Jibun Bank Manufacturing PMI registered at 52.4, below expectations (53.4) in August
Japan Jibun Bank Manufacturing PMI registered at 52.4, below expectations (53.4) in August
Read More »Gold Price Tethers as Rapport with USD and Treasury Yields Is Tested
A quite week for spot gold after a rollercoaster August. Markets await further guidance as Jackson Hole Symposium looms. XAU/USD looks to dollar drivers.
Read More »Japan CFTC JPY NC Net Positions dipped from previous ¥-60.7K to ¥-63.2K
Japan CFTC JPY NC Net Positions dipped from previous ¥-60.7K to ¥-63.2K
Read More »The US rushing out booster shots left markets thinking the White House knows something they don’t
The vaccine picture is dimming It’s all about covid this week so let’s dive in. Two notes have my attention today and they highlight the uncertainty around trends in the…
Read More »Swiss Franc Technical Analysis: USD/CHF, EUR/CHF, CHF/JPY, NZD/CHF
The Swiss Franc has been mixed in 2021 against G10 peer currencies. Here are technical setups for USD/CHF, EUR/CHF, CHF/JPY, and NZD/CHF.
Read More »US dollar catches a broad bid as the euro spills through 1.17
Stops run in Asia There’s no news behind this latest push in the US dollar, which is rallying right across the board. I’m tempted to point the finger at EUR/USD…
Read More »Market Update – August 17 – Sentiment weak, USD holds gains
Market News Today – USD (USDIndex 92.70) ticks higher again, on risk aversion as Virus concerns (partic. NZ which will enter new nationwide lockdown) and news from Afghanistan weighs. Yields…
Read More »NZDJPY Slides for five days in a row eyes 75.00
The NZD/JPY edged lower on the session for the fifth day in a row. Nevertheless, for the second day in a row, the pair was not able to break support…
Read More »Possible Impacts of the US Election on your Forex Trading
Sydney – October 31, 2016 With the November 8 US election expected to increase Forex market volatility and risk, keeping our clients safe and informed has become the number one…
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