Canadian Dollar
Credit Agricole CIB FX Strategy Research argues that as the markets have been predominantly focused on the current inflation data and appear to be pricing in an overly cautious Fed, there is a room for the US yields and the USD to rebound further as these Fed expectations are at least...
China
The US dollar and the US yields improved on Federal Reserve (Fed) member Dudley’s optimistic view of the US economy. William Dudley, who is known as a dovish Fed member, said that the strength in the US labour market should translate into higher wages and prices, and that the...
Pound
GBPUSD continues to hold a little way above seven-month lows but looks susceptible to any drop in sentiment as tense and tough negotiations over Brexit commence yesterday (June 19th). Sterling traded above $1.28 in early trading as markets look for clues about where the talks are going to take the...
US Dollar
The US dollar was firmer on the back of hawkish comments from Federal Reserve officials. Sterling held onto Monday’s losses as all eyes turn to the mansion House speeches later by Bank of England Governor Mark Carney’s speech and UK Chancellor Philip Hammond. The aussie rose despite mixed RBA...
Australia
The RBA remained positive on their economic outlook yet have heightened concerns over financial stability, making a hike from the hawkish bank unlikely in the foreseeable future. In a speech yesterday, RBA Governor Philip Lowe said he expected growth to pick up slightly over the next couple of years although...
Euro Vs Poud
The Euro-Pound has largely exhibited a sideways direction over the past few months as price action’s movements have mainly been constrained by a channel.  Subsequently, there have been plenty of trading opportunities as the pair has meandered, relatively reliably, between the two extremes. So it will likely not be...
Swiss Franc
The Swissy has been recovering nicely over the past week or so but it’s been running into some resistance which could mean that it is now poised to reverse earlier than previously expected. What’s more, now that the FOMC is out of the way, we can’t rely on rate...
Currencies
Investors in love with tech stocks again. The sector which was held responsible for the pullback in equities in the last two weeks is driving indices to record highs. Suddenly valuations are no longer a worrying factor, and Fed tightening is less of a concern. It seems like bargain hunters...
Stocks NYSE
European markets had a decent start to the week yesterday with the DAX making a record close, and set to open at a new record today too, while theCAC 40 also had a good day after President Macron won a healthy majority in the French parliament, fuelling optimism that...
Gold
Russia has warned that U.S. Warplanes over Syria will be considered hostile and is completely ignored by the precious metal and energy markets, which could be bad news for both. Crude Oil Brent and WTI were back to business as normal overnight, both falling 1.0% in the New York session as...