Sunday, 1 August 2021

Markets Week Ahead: Dow Jones, US Dollar, NFPs, Canadian Dollar, Australian Dollar, RBA

The Dow Jones and S&P 500 weakened despite a relatively dovish Fed as rising Covid cases threatened global growth. The Australian Dollar may be at risk, with the US Dollar and Canadian Dollar eyein...

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Nasdaq 100 Retreats From Record Territory After FAANG Earnings. What Next?

Tech stocks pulled back from record territory after Amazon posted tepid Q3 guidance. The pandemic winners see their growth rates normalizing in the second half of the year, limiting the upside pote...

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Mexican Peso Weekly Forecast: USD/MXN Back Within Key Range as USD Flops

USD/MXN drops back into its recent range as investors await further guidance from economic data.

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Saturday, 31 July 2021

Euro Forecast: EUR/USD Advance Should Continue After Strong Economic Data

Last week's march higher in EUR/USD may well extend further after Friday's Eurozone economic statistics that will likely turn the ECB more hawkish on monetary policy.

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Former Fed Advisor Danielle DiMartino Booth Talks US Economy, Women in Finance & Trading

American economist and former advisor at the Dallas Federal Reserve Danielle DiMartino Booth sits down for a conversation about the US economy.

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US Dollar Fundamental Forecast: US Non-Farm Payrolls in Focus After FOMC Week

The US Dollar slipped last week after the Federal Reserve calmed taper timeline talks. Friday's non-farm payrolls figure may rekindle upside USD bets if impressive.

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Bitcoin (BTC) and Ethereum (ETH) Moving Apart, Binance Shutters Some European Derivative Markets

Ethereum is starting to outperform Bitcoin again ahead of ETH's latest upgrade, while Binance continues to pare back business areas amid ongoing regulatory pressure

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Friday, 30 July 2021

Australian Dollar Outlook Bleak: AUD/USD Eyes RBA, Delta Variant, Beijing Crackdowns

The Australian Dollar remains vulnerable in the week ahead, eyeing risks such as a dovish RBA, surging Covid cases and recent crackdowns by Beijing. Might US NFPs offer some relief to AUD/USD?

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Bitcoin (BTC/USD) Forecast: Big Levels to Determine Bitcoin’s Fate?

Bitcoin (BTC) prices fall back to $39,000 after failing to hold above the critical level of $40,000

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British Pound Forecast: GBP Caution as BoE Meeting Looms

A strong Covid-19 vaccine program reduces risks stemming from the Delta variant. BoE optimism on economic recovery grows.

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Bitcoin (BTC), FOMC & Robinhood (HOOD) – FinTwit Trends to Watch

FinTwit was alive this week with financial markets overwhelmed with announcements from Elon Musk and Bitcoin to the Federal Reserve meeting. Topping it off was the somber Robinhood IPO.

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US Dollar Little Fazed by Core PCE; Focus on Jobs & Sentiment

The US Dollar is trading broadly mixed on Friday after weakening notably earlier in the week. Core PCE data just released moves the needle little with markets focused on employment and risk trends.

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Mexico Second Quarter GDP Misses Expectations, USD/MXN Shrugs Off Data

Mexico's second quarter GDP grew slightly below market expectations, but the recovery continues to strengthen, bolstered by the services sector.

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Japanese Yen Outlook: USD/JPY Month-End Bounce to be Capped as Downside Risks Remain

Bond spreads favour lower USD/JPY but watch for month-end recovery.

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EUR/USD Pops Above 1.1900 on Better-Than-Expected Euro Zone GDP Data

The first look at Q2 Euro Zone GDP data showed the block growing by a better-than-expected 2% while inflation rose to 2.2% in July

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US Dollar Looking for a Lifeline in PCE Inflation Data

The US Dollar may find a lifeline if June’s PCE inflation data tops expectations, encouraging a rethink of the selloff following this month’s FOMC meeting.

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GBP/USD Running Out of Steam as 1.40 Falls in Sight, Focus on US PCE

A strong rally in GBP/USD is losing some momentum as investors are cautious about US PCE data

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Thursday, 29 July 2021

Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

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Iron Ore to Rise Further as US Infrastructure Deal Aids Recovery Outlook: Q3 Top Trading Opportunities

Iron ore prices look primed to rise further in Q3 as a developing US infrastructure plan underpins an already bright outlook amid a global recovery.

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Amazon Earnings Cast a Shadow on Nasdaq 100. APAC Stocks to Open Mixed



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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...