# Analyst Corner

#Analyst Corner

Silver

Will Silver be Impacted by Rising Fed Hawkishness?

Silver has continued to see concerted selling pressure as price action remains trapped within the confines of a sideways channel. Subsequently, the past few days has seen price action trending strongly towards...
Japanese Yen

Is the USDJPY Rally Ready to Resume?

The Dollar Yen’s resurgence has been moderated over the past few days by the presence of the 100 day EMA but the pair’s underlying bullishness may shine through shortly. Indeed, a...
Euro

Markets: The Week Ahead 23rd June 2017

A snapshot view of the calendar for next week and commentary on potential catalyst of data of interest. USD: GDP revisions don’t tend to be the most exciting of releases, not helped by...
Currencies

White Knights and Nervous Nellies

Falling oil prices continue to temper sentiment in global macro markets and while the Nervous Nellies take solace as oil prices base overnight, don’t get too comfortable as the Oil patch...
Great British Pound

GBP: Price Action Through Brexit Talks

Danske Bank FX Strategy Research expects GBP to likely stay in undervalued territory during Brexit talks but be highly sensitive to progress in discussions. "The domestic outlook in the UK is unlikely to...
New Zealand Dollar

NZD Poised to Breakout Despite Recent Ranging Phase

The Kiwi Dollar’s rally has proven to be remarkably resilient over the past week, the pair largely resisting the urge slip lower despite some rather bearish technical readings. Moreover, this week...
Oil

What’s Really Going On in Crude Oil Markets?

The price of Crude Oil (WTI) has continued to crumple overnight as the benchmark declined around 2.03% and is now trading around the $42.53 a barrel mark. However, as much as...
Trader Stocks

20k is Key for Nikkei, CAC to outperform Stoxx

The bullish target to 20,400 is on the backburner whilst we decipher whether the correction will deepen below 20k. Whilst STOXX and CAC remain above key support, the latter appears to...
Gold

Commodities: The 1st Cut Isn’t The Deepest

Gold lifted by Oil’s collapse as the noise around a deeper OPEC cut intensifies. Oil’s suffering continued overnight with both Brent and WTI finishing over 2 percent lower in the New York...
Euro

Shifting Technical Bias Points to Near-Term EUR Bullishness

The Euro has been declining fairly consistently over the past few weeks but the bears may have finally met their match in the 1.1123 support level. As a result, a reversal...
Oil

WTI Crude Stumbles into Bear Market

Oil’s ongoing oversupply woes reached an ear-piercing crescendo during Tuesday’s trading session as WTI Crude plunged into a bear market after growing signs of rising production across the globe. WTI Crude was...
Crude Oil

Oil Tanks As Price Slick Spreads

Oil gushed lower again overnight with both Brent and WTI taking out their early May panic liquidation lows and falling around 2 percent in the session. This was despite OPEC/Non-OPEC’s compliance being...
Canadian Dollar

USD: What’s Behind The Bounce; What’s The Trade?

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...
Australia

Hawkish RBA hampered by financial stability concerns, AUD/NZD, AUD/USD

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...
Euro Vs Poud

EUR/GBP Gets Set to Break Below the 20 DMA

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...
Swiss Franc

USD/CHF: The Swissy Rally isn’t Done Just Yet

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...
Euro Vs Poud

EUR/GBP: Mind The Divergence – Where To Target?

Societe Generale FX Strategy Research makes the case for further EUR/GBP gains targeting 0.90 in Q3.  "The UK economy has weathered the 12 months since the vote to leave the EU better than feared,...
Japanese Yen

USD/JPY Likely to Remain Bullish in the Week Ahead

The USDJPY was strongly positive throughout most of last week as the pair rallied strongly in response to the U.S. Fed’s decision to hike interest rates. Subsequently, the pair closed the...
Australian Dollar

AUD Bullishness Looking Poised to Extend

The Aussie Dollar performed rather well last week which came as a surprise to much of the market given the FOMC’s decision to raise rates. As a result, the question is...
US Dollar Japanese Yen

JP trade slips to a deficit, GBPJPY, USDJPY

Increased imports from China and Australia tipped Japan's trade into surplus in May. GBPJPY and USDJPY remain supported and may provide bullish opportunities as the week progresses. Japan’s trade dippedback into deficit...
US Stock Market

Searching for a spark: Dealers suffering a mild case of Central Bank fatigue

The market has been searching for a spark this morning. No doubt dealers are suffering a mild case of  Central Bank fatigue as the market remains in flux digesting last week’s...
Canadian Dollar

USDCAD Prepares for a Retest of the Trend Line

The USDCAD has benefitted from a strong trend line that has been supporting price action since early January, 2017. Subsequently, the trend line has proved fairly reliable in trading long reversals...
Reserve Bank of New Zealand

Rising Kiwi likely co concern RBNZ next week, AUD/NZD, NZD/USD

We think the recently removed reference to the exchange rate could make a return in next week's statement after several weeks of solid gain from NZD. AUDNZD is forming a potential...
Brent Oil

Silver Gold And Oil Limp Into Friday

Gold, Silver and Crude are battered and bruised as the week ends with a stronger U.S. Dollar twisting the knife. Crude oil limps into the last day of the week with both...

False Breakout Could Be About to Send Gold Reeling

The past six months have proved relatively positive for gold as the metal has continued to make headway over a cooling U.S. Domestic economy. However, the past few days have proved...
Great British Pound

GBP: No Change From BoE On Thursday; A Non-Event For GBP/USD

Bank of America Merrill Lynch Research expects no major changes in tone at the BoE's policy meeting on Thursday. "We look for another 7-1 vote to keep rates on hold We see...
FOMC - Janet Yellen

Who shall we believe, the Fed or data?

The Federal Reserve’s decision on Wednesday to raise interest rates by 25 basis points was widely anticipated, but markets were surprised by the hawkishness in the policy statement and Chair Janet...
Federal Reserve FOMC Stocks

Shaky night for the Dollar yet the Fed stick to the plan

We foresaw the potential that CPI data released just hours prior to the FOMC meeting had the potential to steal its thunder. As the grim set of data was released, it...
Bank Of England

BoE Should Look Beyond Temporary Inflation

The UK will be back in focus again on Thursday as the Bank of England announces its latest monetary policy decision, amid all the political chaos following last week’s snap election...
Euro

EUR/USD: Fed To Fuel A ‘Negative Summer Cocktail’

Danske Bank FX Strategy Research holds an anti-consensus view that sees the Fed skipping hiking at the tomorrow's meeting and instead announcing the triggers for quantitative tightening (QT). However, Danske argues that such an outcome...

LATEST

Oil edges up, but still set for worst first half performance in 20 years

Oil
Oil edged up on Friday, recovering some of the steep falls earlier in the week, but crude...

Oil-linked currencies gain with the commodity’s rise; dollar retreats

Brent Oil
As the Asian trading session is coming to a close, the dollar is modestly down while commodity-linked...

Will Silver be Impacted by Rising Fed Hawkishness?

Silver
Silver has continued to see concerted selling pressure as price action remains trapped within the confines of...

Is the USDJPY Rally Ready to Resume?

Japanese Yen
The Dollar Yen’s resurgence has been moderated over the past few days by the presence of the...

Markets: The Week Ahead 23rd June 2017

Euro
A snapshot view of the calendar for next week and commentary on potential catalyst of data of...
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