Sat, 25 Feb 2017 05:43:00 GMT
Financial markets may overlook ample top-tier economic data and a steady stream of central bank commentary as a pivotal speech from US President Donald Trump takes the spotlight.
Sat, 25 Feb 2017 04:59:00 GMT
Exports of U.S. crude continue their rise to record levels, which has limited the price impacts of OPEC cuts
Sat, 25 Feb 2017 04:57:00 GMT
One of the biggest winners of the ‘Trump Bump’ across markets was Japan. After the BoJ spent more than three years weakening the Yen as part of ‘Abenomics,’
Sat, 25 Feb 2017 04:53:00 GMT
The rally in gold prices continued this week with the precious metal up 1.7% to trade at 1255 ahead of the New York close on Friday.
Sat, 25 Feb 2017 04:42:00 GMT
Outlook for the British Pound remains tilted to the downside with U.K. on course to trigger Article 50 in March, and the Fed showing willingness to raise rates
Sat, 25 Feb 2017 04:37:00 GMT
In last week’s forecast, we shared our concern that risk was rising for the indices, but the trend still remained upward until we saw a break in price action.
Sat, 25 Feb 2017 04:32:00 GMT
Looking forward, there are a bunch of events dotted on both China’s and the U.S’ economic calendar, which could add some volatility to Dollar/Yuan rates.
Sat, 25 Feb 2017 04:29:00 GMT
The Australian Dollar may gain if fourth-quarter GDP data confirm that the Lucky Country has avoided recession for yet another year. It is very likely that they will.
Sat, 25 Feb 2017 04:27:00 GMT
The US Dollar may struggle in the week ahead as doubts about the impact of still-uncertain fiscal policy overshadow hawkish pronouncements from Federal Reserve officials.
Fri, 24 Feb 2017 18:30:00 GMT
Fresh monthly highs in AUD/USD raises the risk for a short-term squeeze in the exchange rate as Australia’s 4Q GDP report is expected to show a 0.7% rebound.
Fri, 24 Feb 2017 14:28:00 GMT
Next week's economic calendar picks up considerably with key drivers being released each day of the week. Today, we look at three of the most pertinent price action themes for traders to follow through next week's gauntlet of news.
Fri, 24 Feb 2017 13:21:00 GMT
But first, let's parse the details and timing of the recent FOMC minutes.
Fri, 24 Feb 2017 10:38:00 GMT
The British Pound starts Friday better bid as the EU and UK start to ready themselves for tough Brexit negotiations.
Fri, 24 Feb 2017 10:04:00 GMT
The US Dollar may fall as the Japanese Yen gains as Treasury’s Mnuchin dents hopes for fiscally fueled inflation that steepens the Fed’s rate hike path.
Fri, 24 Feb 2017 05:56:00 GMT
Gold prices rose after Treasury Secretary Mnuchin said expansionary fiscal policy probably wont’t be reflected in the economy this year, weighing on Fed rate hike bets.
Thu, 23 Feb 2017 22:33:00 GMT
The onshore USD/CNY has tested both sides of a range within past two weeks.
Thu, 23 Feb 2017 20:10:00 GMT
EUR/USD may stage a larger recover over the remainder of the month as the pair breaks the recent series of lower highs & lows.
Thu, 23 Feb 2017 19:41:00 GMT
The index responded to confluence resistance this week with the pullback now eyeing key support targets. Here are the updated targets & invalidation levels that matter.
Thu, 23 Feb 2017 14:18:00 GMT
While the Fed hasn't yet backed-down from rate hike plans in 2017, it doesn't appear that markets are bought-in to the idea of three full hikes in the remainder of this year.
Thu, 23 Feb 2017 10:15:00 GMT
Crude oil prices are looking to the official EIA set of inventory flow figures to propel a recovery triggered after API estimated that stockpiles fell.
Thu, 23 Feb 2017 06:39:00 GMT
The US Dollar may recover as hawkish comments from Fed officials overshadow the more dated minutes from February’s FOMC meeting published yesterday.
Wed, 22 Feb 2017 18:31:00 GMT
The pair has carved out a clean weekly opening range just above key support. Here are the updated targets & invalidation levels that matter.
Wed, 22 Feb 2017 17:43:00 GMT
Hong Kong Financial Secretary released the budget for the fiscal year of 2017 to 2018, with stimulus measures.
Wed, 22 Feb 2017 16:10:00 GMT
USD/JPY may stage a larger recovery over the coming days as it carves an inverse head-and-shoulders formation ahead of the FOMC Minutes.
Wed, 22 Feb 2017 14:11:00 GMT
While USD has remained strong through much of February, price action in USD/JPY and Gold have diverged - indicating that rate hike fears may not be as pronounced as the U.S. Dollar's chart might indicate.