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New Zealand Dollar Currency NZD

NZD/USD: Flows Point To Downside Risk S/T On Strong Real Money Selling

Bank of America Merrill Lynch FX Strategy Research notes that its latest proprietary flows show officials selling the USD again last week, after having stopped the two weeks before. In addition, BofAML notes...
US Dollar Currency Yen

USD Stretches Towards Resistance: Yen, Aussie to Offer Opportunity

Talking Points: The U.S. Dollar continues to claw back towards a key resistance zone that runs from 94.08-94.30. Are we on the cusp of a bigger picture move of USD strength? It’s too...
US Dollar Japanese Yen

USD/JPY – Yen Under Pressure, Markets Braced for Soft Japanese Trade Surplus

The Japanese yen has posted gains in the Wednesday session. Currently, USD/JPY is trading at 112.86, up 0.59% on the day. In economic news, the US publishes two key housing indicators....
Janet Yellen - Federal Reserve

Fed Speeches and Earnings in Focus

Earnings Season in Focus as Stocks Target New Highs US futures are pointing to another higher open on Wall Street on Wednesday, as companies prepare to report on the third quarter at...
US Dollar Currency

The US Dollar is Vulnerable, But It’s Temporarily

The US Dollar can’t manage to continue growing, and the more attempts to rise it makes, the more doubts appear that it can really rise during this particular period of market...
Mark Carney

UK Inflation Data Key as BoE Ponders Rate Hike

Will UK Inflation Data Alleviate Policy Makers Concerns? European equity markets are expected to open relatively flat on Tuesday, as we await some important inflation data from the UK and the eurozone,...
Mark Carney

UK inflation in focus as Carney testifies to MP’s

While European markets had a quiet and a somewhat mixed session yesterday, US markets continued to kick on from last week’s gains, once again making new record highs, continuing their divergence...
Bitcoin

Bitcoin hits all-time high, US CPI in focus

It has certainly been another eventful trading week for financial markets, as investors tussled with rocky Brexit negotiations, Catalonian developments and geopolitical tensions across the globe. Global stocks have displayed resilience against...
Bitcoin

Bitcoin Fails to Break $6,000; Consolidation Before Fresh Attempt

Talking Points Bitcoin continues to make new highs as Asian buyers pile in. Sharp correction may see BTC consolidate before making a fresh attempt at $6,000. Bitcoin (BTC) Makes Yet Another All-Time High Bitcoin’s relentless march...
Europe

Dollar pulls back ahead of inflation data; pound rallies as EU looks to offer...

Concerns on the inflation path and questions on the future of tax plans continued to weigh on the dollar on Friday, while the pound drifted higher on reports that the UK may...
Euro Currency

EUR pricing amid low rates, QE exit

The pound has gone wild on Thursday. The GBPUSD tanked to 1.3120 as the European Union’s Chief Negotiator for Brexit Michel Barnier said the EU will start ‘internal preparatory discussions’ amid the...
China

Chinese trade data in focus as imports jump

It was another mixed day for markets in Europe yesterday with investor’s content to play a waiting game ahead of next week’s Spanish government ultimatum to the Catalan government, and this...
Australian Dollar Currency

AUD/USD: On Alert For Bullish Confirmation But Patience Required: Levels & Targets

NAB FX Technical Strategy Research maintains its bullish bias on AUD/USD arguing that from a price perspective the positive outlook that have been identified in recent months remains in play. "Additional bullish confirmation will...
Euro Dollar Currency

Dollar faces headwinds after FOMC minutes; euro rises as Rajoy sets deadline for Puigdemont

The dollar was mostly in the red against its major counterparts during the Asian session after the FOMC meeting minutes released on Wednesday indicated that Fed policymakers had doubts on the inflation path. In contrast,...
Canadian Dollar

USD/CAD Canadian Dollar Higher After Predictable Fed Minutes

The Canadian dollar appreciated after the release of the Federal Open Market Committee (FOMC) September meeting minutes. The U.S. Federal Reserve announced the details of its balance sheet reduction plans at...
US Dollar Currency

USD down. US earnings season kicks off

Nikkei (+0.35%) and Topix (+0.20%) consolidated gains in Tokyo, as Korea’s Kospi index closed on record high for the second consecutive day. European markets opened flat. FTSE 100 traded lower in London,...
Janet Yellen - Federal Reserve

It is all about inflation

When the Federal Reserve met on 19-20 September, it announced the start of winding down the $4.5billion balance sheet and maintained plans for a third-rate hike in 2017. The statement reflected...
Federal Reserve

Fed minutes reinforce prospect of December rate move

It was another day of records yesterday with global stock markets continuing to make new multi-year highs with the Japanese Nikkei 225 hitting its highest close since 1996. US markets once again continued their...
Stocks Up

Investors exhale as Catalan fears ease

A strong sense of relief was felt across financial markets on Tuesday evening, after Catalan leaders signed a “symbolic” declaration of independence but immediately suspended its formal approval and called for...
US Dollar Currency

Euro holds strong as Puigdemont delays Catalonia’s independence; dollar heavy amid concerns on tax...

The Asian session was relatively quiet on Wednesday as economic releases were limited. Following a stressful day in Spain, where Catalonia’s independence was put on hold, the euro remained strong above the 1.18-key level overnight,...
Euro Currency

European Markets, US Futures & Euro Soar After Catalonian Independence Deferred

Talking Points Investors have shown a positive reaction to the Catalonian leaders’ action Catalonian situation isn’t going away, it is only delayed The bitcoin price broke the $4900 mark yesterday Today's...
Federal Reserve

IBEX up before Rajoy’s reaction, Fed minutes in focus

European traders took over a strong market from Asia. Japan’s Nikkei 225 traded at the highest level since 1996, as Korea’s Kospi closed at a record high. The IBEX 35 (+1.15%) opened...

Catalan independence suspension awaits Madrid response

European stocks had a fairly lacklustre day yesterday ahead of last night’s speech by Catalan President Carles Puigdemont to the Catalan parliament, where he said that he would suspend the declaration of...
Mexican Peso

FX volatility: The most volatile FX pairs in forex trading

From Donald Trump’s election to a failed coup attempt in Turkey, there have been plenty of political events to stoke volatility in the forex markets. Indeed of the top most volatile FX...
Great British Pound Currency

GBP/USD Rallies on Upbeat UK Economic Data

Talking Points UK manufacturing and construction data point to a more buoyant UK economy. That’s helped lift the Pound and made an interest rate increase more likely. What Does the Fourth Quarter Hold for...
US Dollar Currency

Dollar slips further from 10-week highs, is the rally over?

The dollar index fell for a third consecutive day early Tuesday, despite markets expectations of a rate hike in December hovering near 90%. Since September 8, the index has rallied almost...
US Dollar Currency

The US Dollar reserves the right to grow

Talking Points The US Dollar is still interesting and attractive to investors, despite the statistical fluctuations. The US labor market statistics in September was surprising, but not as impressive as it...
Great British Pound Currency US Dollar

Euro markets under the Catalan pressure

The pound extended gains on the back of a stronger-than-expected industrial and manufacturing production data. Industrial production rose by 1.6% on year to August, as the manufacturing production surged by 2.8%...
Great British Pound Currency

GBP: What Markets Will Focus On In The Short To Medium Term? Where To...

Nomura FX Strategy Research argues that for GBP traders in the short to medium term, the market will be more focused on Theresa May’s future, what the EU says on Brexit in...
Theresa May

May Strengthens Her Hand, Turkish Spat Continues, Catalonian Crisis Could Explode

Talking Points Asian equities have outperformed the US stock markets this year Theresa May has the support of her party and from the public The weaknesses in the dollar could be...

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It is all about inflation

Janet Yellen - Federal Reserve
When the Federal Reserve met on 19-20 September, it announced the start of winding down the $4.5billion...

FTSE movers: Dunelm up as it’s not curtains for UK retail market

London Stock Exchange FTSE
Dunelm positive despite ‘challenging market’ Under promising and over-delivering is a good approach for boards and investor relations...

FX volatility: The most volatile FX pairs in forex trading

Mexican Peso
From Donald Trump’s election to a failed coup attempt in Turkey, there have been plenty of political...

Bitcoin hits all-time high, US CPI in focus

Bitcoin
It has certainly been another eventful trading week for financial markets, as investors tussled with rocky Brexit...

Trader Fact File – Ed Seykota

Ed Seykota
Born in 1946, Ed Seykota is a commodities trader who is known for pioneering systems trading. He...

Featured

FX volatility: The most volatile FX pairs in forex trading

Mexican Peso
From Donald Trump’s election to a failed coup attempt in Turkey, there have been plenty of political...

The Pound is running for its life

Great British Pound Currency
The GBP/USD pair has fallen to three weeks’ lows. Taking into account how fast the American currency...

FOMC meeting preview: Ready for the great unwind

Federal Reserve FOMC Stocks
The Federal Open Market Committee faces a big test this week – can it announce the start...
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