Wed, 26 Apr 2017 21:00:00 GMT
Wednesday’s focus returned to the USD as it staged a rebound against stronger currencies and gained further against weaker-FX on Mnuchin comments of US tax-cuts.
Wed, 26 Apr 2017 15:20:00 GMT
The near-term advance in the USD/CAD exchange rate appears to be getting exhausted as a bearish RSI divergence starts to take shape.
Wed, 26 Apr 2017 13:31:00 GMT
While the first half of this week has been relatively quiet, the second portion is shaping up to be anything but. With Central Bank meetings from both Japan and Europe set for the next 24 hours, Euro and Yen are primed to move.
Wed, 26 Apr 2017 09:50:00 GMT
The US Dollar rose as high hopes for a White House tax reform plan rekindled the so-called “Trump trade” and fueled Fed rate hike bets. Will the President deliver?
Wed, 26 Apr 2017 08:48:00 GMT
Gold prices continued to sink amid lingering optimism after the first round of France’s presidential election but a White House tax reform proposal may change the landscape.
Tue, 25 Apr 2017 21:30:00 GMT
Tuesday’s focus returned to the worries after the US Election that protectionism would soon rule global trade agendas. CAD & MXN feel on likely implications.
Tue, 25 Apr 2017 19:30:00 GMT
A pickup in Australia’s headline and core CPI may boost the appeal of the aussie should the data prints put pressure on the RBA to start normalizing monetary policy.
Tue, 25 Apr 2017 18:52:00 GMT
Prices are approaching a key near-term support confluence putting the immediate short-bias at risk. Here are the updated targets & invalidation levels that matter.
Tue, 25 Apr 2017 15:35:00 GMT
The near-term breakout in GBP/USD may gather pace ahead of the UK’s 1Q GDP report as the exchange rate appears to be carving a continuation pattern.
Tue, 25 Apr 2017 15:01:00 GMT
Aussie is threatening a break of a near-term consolidation range heading into tonight’s inflation print. Here are the updated targets & invalidation levels that matter.
Tue, 25 Apr 2017 14:44:00 GMT
The latest batch of UK opinion polls show the ruling Tory Party gaining more seats at the next election on June 8 but six weeks is a long time in politics.
Tue, 25 Apr 2017 13:07:00 GMT
Both EUR/USD and GBP/USD appear technically inclined for further gains moving forward.
Tue, 25 Apr 2017 10:28:00 GMT
The Australian and New Zealand Dollars are falling as Fed rate hike bets swell in risk-on trade. Downbeat US economic data may disrupt the move however.
Tue, 25 Apr 2017 10:00:00 GMT
EUR/USD may make a more meaningful attempt to break out of the downward trend from 2016 should the Consumer Confidence survey drag on Fed expectations.
Tue, 25 Apr 2017 09:38:00 GMT
Crude oil prices are looking to weekly inventory flow data for a lifeline after seven consecutive down days produced the longest losing streak in over a year.
Mon, 24 Apr 2017 21:30:00 GMT
An aggressive unwind of protective hedges left the EUR trading at its richest levels of 2017, which turns many traders focus to Draghi on Thursday.
Mon, 24 Apr 2017 19:03:00 GMT
A Sunday open gap leaves the immediate long-side vulnerable but the broader outlook remains unchanged. Here are the updated targets & invalidation levels that matter.
Mon, 24 Apr 2017 17:17:00 GMT
There are several GDP readings due out on Friday (UK, US, and Canada), but a potential US government shutdown at 12:01 EDT on Saturday looms large.
Mon, 24 Apr 2017 15:44:00 GMT
The British Pound has shed all of its gains made last week versus the Euro. Can EUR/GBP keep its bullish momentum?
Mon, 24 Apr 2017 15:30:00 GMT
EUR/USD gapped higher following the first round of the French presidential election, with the exchange rate tagging a fresh 2017-high of 1.0919.
Mon, 24 Apr 2017 13:30:00 GMT
Equity markets are popping-higher the world-around, and currency markets are holding on to gapped-up gains, for now. But the economic calendar for the second half of this week is loaded: What might be in store for Euro, USD and the Japanese Yen?
Mon, 24 Apr 2017 11:30:00 GMT
EUR/USD gapped higher above 1.0900 to start the week and has held onto most of its gains post-elections.
Mon, 24 Apr 2017 07:42:00 GMT
The Japanese Yen may continue to decline as the outcome of the first round of France’s presidential election boosts the markets’ mood and weighs on the anti-risk currency.
Mon, 24 Apr 2017 06:27:00 GMT
Gold prices fell as Emmanuel Macron emerged as the leader in the first round of the French presidential election, boosting market-wide risk appetite.
Sun, 23 Apr 2017 12:00:00 GMT
With French election results coming out before markets open up on Sunday, expect a sizeable gap in the EUR-crosses (results due out at 14:00 EDT; FX markets open at 17:00 EDT).