- GBP/USD: Flirting with 1.2300 ahead of the Bank of England’s decision December 9, 2022
- Stocks waver post PPI and UMich survey, Oil jumps, Gold shines and Bitcoin anchored at $17k December 9, 2022
- WTI Price Analysis: Crude Oil sits at its lowest for the year December 9, 2022
- Weekly Economic & Financial Commentary December 9, 2022
- Consumers Don’t Know What to Think December 9, 2022
- Indices steady despite US PPI rise December 9, 2022
- Fed’s Powell to push back against rate cuts in 2023 – Rabobank December 9, 2022
- Gold Price Forecast: XAU/USD could find support on reduced rate hike expectations – Commerzbank December 9, 2022
- EUR/USD Price Analysis: Buyers maintain the pressure ahead of the weekly close December 9, 2022
- Gold Price Forecast: XAU/USD’s technical outlook suggests a bullish bias remains intact December 9, 2022
- Trading opportunities: Forex, commodities, indices and crypto December 9, 2022
- GBP/USD to see a correction lower rather than a fresh collapse – HSBC December 9, 2022
- Gold Price Weekly Forecast: Fed dot plot to trigger next big action in XAU/USD December 9, 2022
- GBP/USD Weekly Forecast: Pound Sterling looks north, gearing up for a critical week December 9, 2022
- Will Santa Claus save Gold from bearish prospects? December 9, 2022
- EUR/USD Weekly Forecast: US Federal Reserve’s and European Central Bank’s last shots December 9, 2022
- Four key differences between Gold and Silver – Morgan Stanley December 9, 2022
- US: UoM Consumer Confidence Index improves to 59.1 in December vs. 53.3 expected December 9, 2022
- Telltale sign December 9, 2022
- The historical juncture in the EU may signal stabilization of commodities and the Euro December 9, 2022
- Japanese Yen Struggles Against a US Dollar Finding Firmer Footing. Higher USD/JPY? December 8, 2022
The Japanese Yen dipped today as GDP weighs and the US Dollar regains its ascendency with building concern for a significant slowdown next year. Where to for USD/JPY?
- The US Dollar Gripped the Ascendency as Risks of Recession Swirl. Will USD go Higher? December 7, 2022
The US Dollar held on to overnight gains as markets recalibrate risks of an economic slowdown in the West against a re-opening of China. Will the DXY index (USD) rally?
- Crude Oil Ponders Course as Markets Fear the Return of the Fed. Lower WTI? December 6, 2022
The Euro backed away from parity again after the US Dollar ascendency got back on track after the Federal Reserve got its message across loud and clear. Where to for EUR/USD?
- Euro Hits a High Note Amid China Re-opening Hopes and OPEC+. Where to for EUR/USD? December 5, 2022
The Euro has run higher after the US Dollar collapsed again today amid a strong jobs number, OPEC+ news and China potentially re-opening. Will this drive EUR/USD higher?
- Japanese Yen Leaps as US Dollar Sinks Post Powell. Is the Peak in Place for USD/JPY? December 1, 2022
The Japanese Yen continued higher against the US Dollar today as the market has deciphered Fed Chair Powell’s comments are not as hawkish as had been feared. Where to for USD/JPY?
- US Dollar Slides Ahead of Fed Chair Comments While Equities Weigh Growth Prospects November 30, 2022
The US Dollar is on the back foot again ahead of commentary from the Federal Reserve Chair. If the Fed remains hawkish, will the market listen and it rescue the USD (DXY) Index?
- Euro Fights Back Against a Tumultuous US Dollar Caught Between Risk and a Hawkish Fed November 29, 2022
The Euro clawed back some gains after the US Dollar ascendency was questioned despite the Federal Reserve reminding markets of their intention. If the US dollar gets traction, will EUR/USD make a new low?
- Australian Dollar Blitzed by China Covid Concerns Souring Sentiment. Where to for AUD/USD? November 28, 2022
The Australian Dollar is under pressure again after the US Dollar reclaimed the ascendency amid a market rout as China faces domestic heat over continuing Covid-19 related lockdowns.
- US Dollar Nosedives Post Fed Meeting Minutes. Will the USD (DXY) Index Push Lower? November 24, 2022
The US Dollar descended for the third day in a row after Federal Reserve meeting minutes were interpreted as dovish by the market. Has the DXY lost its ascendency?
- British Pound Pauses as US Dollar Takes Stock of Fed Outlook. Will GBP/USD go Higher? November 23, 2022
The British Pound is anchored near the top end this week’s range after US Dollar gave some ground overnight with the focus on the Fed’s pace of tightening. Where to for GBP/USD?
- Euro Firmed as the US Dollar Paused Amid Fed and China Factors. Where to for EUR/USD? November 22, 2022
The Euro finally found some traction today after Monday’s rout that saw EUR/USD slide lower on comments from Fed speakers and China growth concerns. Will EUR/USD continue slipping?
- US Dollar Finds Firmer Footing as Treasury Yields Lift and China Locks Down November 21, 2022
The US Dollar resumed ascending to start the week after Treasury yields added a few basis points and global growth woes undermined other currencies. Will the DXY index continue higher?
- Australian Dollar Filleted by Fedspeak as US Dollar Resumes Ascendency November 18, 2022
The Australian Dollar came under pressure today after the US Dollar got a boost from Fed speakers reminding markets of their intentions for rates. Will a strong USD send AUD lower?
- Euro Pauses as US Dollar Underpinned by Fed on Sturdy Data Ahead of EU CPI November 17, 2022
The Euro made a 4-month high earlier in the week against the US Dollar on a soft US PPI, but overnight data and Fed rhetoric has seen a pause in the meteoric rise. Will EUR/USD go higher?
- Japanese Yen Slides Despite Treasury Yield Dip on Soft PPI and Conflict Concerns November 16, 2022
The Japanese Yen has dipped again after the US Dollar gained despite a soft PPI amid heightened geopolitical tensions after a missile explosion in Poland. Where to for USD/JPY?
- Euro Rides High as US Dollar Ponders the Path Ahead with Fed and G-20 in the Frame November 15, 2022
The Euro backed away from resistance against the US Dollar as Fed commentary appears to be less one directional ahead of US PPI. If US-China relations improve, where to for EUR/USD?
- US Dollar Finds Firmer Footing After Fed Clarification. Has the DXY Index Peaked? November 14, 2022
The US Dollar clawed back some ground today as the Fed’s Waller hit the wires over the weekend, reminding markets that inflation is still too high. Where to for the US Dollar?
- Japanese Yen Holds Ground as Inflation Data Sinks the US Dollar. Lower USD/JPY? November 11, 2022
The Japanese Yen gained on a weaker US Dollar after US CPI came in softer than forecast, driving Treasury yields lower and spurring hopes for a Fed policy pivot. Will USD/JPY break lower?
- British Pound Pummelled as Crypto Contagion Engulfs Risk Assets. Lower GBP/USD Again? November 10, 2022
The British Pound is under the pump again as the collapse of FTX ricochets through markets in a risk-off rout that has seen the US Dollar resumed the ascendency. Where to for GBP/USD?
- US Dollar Under Pressure as Treasury Yields Ease Ahead of US CPI. Where to for USD/JPY? November 9, 2022
The US Dollar has continued to descend along with Treasury yields as the market weighs incoming midterm election results and the upcoming US CPI. Will USD/JPY break lower?
Latest Commentary
- Dollar Forecast Loaded with Volatility Potential but Can It Find a Trend? December 10, 2022
The week ahead is jam-packed with high profile US event risk – anchored by the top listing of a FOMC rate decision. The Dollar is significantly off its multi-decade highs after two months of choppy retreat, but is there enough oomph in what’s ahead to produce an outright bear trend…or perhaps spur recovery?
John Kicklighter
- GBP Weekly Outlook: Resilient Pound Prepares for Data Heavy Week December 10, 2022
GBP/USD trades on the precipice of a key technical pattern that could be prompted by next week’s Fed and Bank of England (BoE) rate decisions.
Warren Venketas
- Australian Dollar Outlook: US Dollar Remains in the Driver Seat for AUD/USD December 10, 2022
The Australian Dollar recovered from a sell-off against the US Dollar throughout the week, but it had little to do with the RBA hike. If the Fed delivers on their tightening, Will AUD/USD rally?
Daniel McCarthy
- Last S&P 500 and Dollar Volatility Charge of 2023 with FOMC, CPI and Much More December 9, 2022
The wait is over. We are moving into perhaps the densest week of macroeconomic event risk of the fourth quarter…and what also may prove the last charge of volatility for 2023. With event risk like the FOMC, ECB and BOE rate decisions; US and UK CPI and so much more; what is possible between fundamentals, […]
John Kicklighter
- S&P 500, Nasdaq 100 Outlook – Thumb Twiddling Ahead of The Fed December 9, 2022
US equity markets are biding their time ahead of next week’s significant data releases and events
Nick Cawley
- Michigan Consumer Sentiment Rises: Business Conditions Improve, Inflation Cools December 9, 2022
Inflation expectations dropped to the lowest levels in the last 15 months while business conditions for 2023 rose by 14% as consumer optimism rises
Richard Snow
- How to Read a Candlestick Chart December 9, 2022
Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.
David Bradfield
- US Dollar (DXY) Outlook – One Last US Data Drop Before CPI and FOMC Next Week December 9, 2022
With traders already looking ahead to next week’s all-important CPI number and FOMC decision, today’s PPI and Michigan Confidence releases should not be disregarded.
Nick Cawley
- A Guide to Trading Psychology December 9, 2022
The psychology of trading is often overlooked but is a key part of a professional trader’s skillset.
Richard Snow
- Crude Oil Forecast: Brent Overcome by Recessionary Pressures Despite Several Fundamental Tailwinds December 9, 2022
Brent crude oil looks to further clarity around supply and demand factors while the USD looks to push higher ahead of FOMC next week.
Warren Venketas
- USD/CHF IG Client Sentiment: Our data shows traders are now at their most net-long USD/CHF since Nov 17 when USD/CHF traded near 0.95. December 9, 2022
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bearish contrarian trading bias.
Research
- US 500 IG Client Sentiment: Our data shows traders are now net-long US 500 for the first time since Nov 22, 2022 when US 500 traded near 4,003.91. December 6, 2022
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bearish contrarian trading bias.
Research
- USD/JPY IG Client Sentiment: Our data shows traders are now net-long USD/JPY for the first time since Nov 14, 2022 when USD/JPY traded near 140.09. December 1, 2022
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bearish contrarian trading bias.
Research
- GBP/USD IG Client Sentiment: Our data shows traders are now at their least net-long GBP/USD since Nov 23 when GBP/USD traded near 1.21. December 1, 2022
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading bias.
Research
- NZD/USD IG Client Sentiment: Our data shows traders are now net-short NZD/USD for the first time since Jun 10, 2022 when NZD/USD traded near 0.64. December 1, 2022
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bullish contrarian trading bias.
Research
- FTSE 100 IG Client Sentiment: Our data shows traders are now at their least net-long FTSE 100 since Apr 11 when FTSE 100 traded near 7,595.20. November 30, 2022
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bullish contrarian trading bias.
Research
- Oil – US Crude IG Client Sentiment: Our data shows traders are now at their most net-long Oil – US Crude since Sep 27 when Oil – US Crude traded near 77.23. November 18, 2022
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil – US Crude-bearish contrarian trading bias.
Research
- AUD/USD IG Client Sentiment: Our data shows traders are now net-short AUD/USD for the first time since Aug 15, 2022 when AUD/USD traded near 0.70. November 14, 2022
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bullish contrarian trading bias.
Research
- EUR/USD IG Client Sentiment: Our data shows traders are now net-short EUR/USD for the first time since Oct 27, 2022 when EUR/USD traded near 1.00. November 7, 2022
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.
Research
- USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Oct 27, 2022 18:00 GMT when USD/CAD traded near 1.36. November 4, 2022
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bearish contrarian trading bias.
Research
