Wed, 18 Oct 2017 15:00:00 GMT
Fresh comments from Fed officials appear to be weighing on gold prices as Chair Janet Yellen and Co. look to further normalize monetary policy over the coming months.
Wed, 18 Oct 2017 13:00:00 GMT
The U.S. Dollar continues to move towards a key zone of longer-term resistance. This area rebuked the Dollar's upward advance around NFP earlier in the month, but will it hold again?
Wed, 18 Oct 2017 04:19:00 GMT
The Euro may rise if a speech from ECB President Draghi emphasizes monetary stimulus limitations. The US Dollar is looking to the Fed Beige Book survey to fuel continued recovery.
Wed, 18 Oct 2017 04:00:00 GMT
Another batch of lackluster U.K. data prints may continue to rattle the near-term rebound in GBP/USD as it saps bets for higher interest rates.
Wed, 18 Oct 2017 02:30:00 GMT
Crude oil prices are poised to challenge six-month highs near the $53/bbl figure as markets await official EIA weekly inventory flow statistics.
Tue, 17 Oct 2017 18:30:00 GMT
The Canadian Dollar has found a new home as the weakest currency in the G8 SW report as Canada’s 2-year yield advantage to the US vanishes.
Tue, 17 Oct 2017 16:29:00 GMT
Price has rallied back to a familiar resistance zone with the immediate advance vulnerable while below this threshold. Here are the targets & invalidation levels to know.
Tue, 17 Oct 2017 15:00:00 GMT
The near-term recovery in crude appears to be sputtering ahead of September-high ($52.83), with oil prices at risk of facing range-bound conditions.
Tue, 17 Oct 2017 14:39:00 GMT
The UK and the EU continue to try and take the moral high ground with claims and counterclaims leaving Brexit negotiations idling.
Tue, 17 Oct 2017 13:00:00 GMT
The British Pound sold-off after this morning's inflation print saw a 3% number. But this sell-off probably has more to do with the commentary provided by the Bank of England.
Tue, 17 Oct 2017 11:33:00 GMT
Elsewhere, the US Dollar turns to Fed speakers in the coming days in lieu of significant economic data.
Tue, 17 Oct 2017 09:30:00 GMT
Gold prices are back on the defensive as Fed rate hike speculation heats up anew following last week’s respite. More of the same may be ahead, even without fresh catalysts.
Tue, 17 Oct 2017 05:30:00 GMT
The British Pound may rise as UK CPI data shows inflation continues to accelerate while testimony from BOE Governor Carney and two new MPC officials takes a hawkish tone.
Tue, 17 Oct 2017 04:00:00 GMT
Another 2.7% print for the core U.K. CPI may rattle the near-term advance in GBP/USD as it encourages the BoE to preserve the record-low interest rate throughout 2017.
Mon, 16 Oct 2017 18:36:00 GMT
A broader technical picture offers perspective on where we are in trend. Here are the updated targets & invalidation levels that matter on the weekly charts.
Mon, 16 Oct 2017 15:00:00 GMT
The Canadian dollar stands at risk of facing a more material correction as the Bank of Canada (BoC) expects ‘a moderation of growth in the second half of the year.’
Mon, 16 Oct 2017 13:00:00 GMT
The British Pound has been on quite the rollercoaster of late; but will a batch of drivers tomorrow finally provide some element of long-term direction?
Mon, 16 Oct 2017 11:20:00 GMT
There are many more data releases this week on a global basis that will move FX markets, unlike in the past two weeks, when the US Dollar was the center of attention.
Mon, 16 Oct 2017 01:30:00 GMT
The economic calendar has been light thus far in October, and for most of the coming week, it will be too. However, traders will be paying attention to the Euro-Zone inflation data on Tuesday before the October ECB rate decision the following week.
Sat, 14 Oct 2017 04:44:00 GMT
Central banks will command financial markets' attention in the week ahead, with speeches from top officials including Fed Chair Yellen and a wealth of policy-defining data due.
Sat, 14 Oct 2017 04:31:00 GMT
Crude Oil recovered nicely to end the week and is moving higher in alignment with base metals as global demand appears to be on the rise.
Sat, 14 Oct 2017 04:25:00 GMT
Gold has rallied for six consecutive days with the advance taking prices through key technical resistance. Here are the updated targets & invalidation levels that matter.
Sat, 14 Oct 2017 04:22:00 GMT
In the week ahead, there aren’t very many significant fundamental points of interest which are likely to sway markets, but technically markets, while strong, are at a point where caution is warranted near-term.
Sat, 14 Oct 2017 04:17:00 GMT
The Chinese Yuan may get some support from China’s Q3 GDP; while, to set a large rally, it needs good news from the Party Congress.
Sat, 14 Oct 2017 04:12:00 GMT
The Canadian dollar is looking under pressure as US President Donald Trump continues to threaten to pull out of the North American Free Trade Agreement (NAFTA).