Tuesday, 21 September 2021

Australian Dollar Shorts at a Record, NZD Bulls at Extreme Levels – COT Report

AUD shorts at a record high, while NZD bulls rise to stretched levels. GBP flips net-long, but beware of BoE disappointment

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Gold Price (XAU/USD) Outlook: Any Break Higher May Be Fleeting

Gold is probing an old support level ahead of the latest FOMC rate decision and with the USD already well bid, any disappointment may give the precious metal a short-term boost.

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British Pound (GBP) Price Outlook: GBP/USD Ready to Bounce Back

GBP/USD looks to be recovering after its bout of weakness over the past week and even if there were any more losses they would likely halt at support around the 1.36 level.

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Canadian Dollar Jumps On Trudeau Election Win, Risk Appetite Reprieve. Will USD/CAD Go Lower?

The Canadian Dollar rose on election results delivering political certainty and on commodity markets steadying ahead of the FOMC rate decision. Where to for USD/CAD?

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Monday, 20 September 2021

Gold, Iron Ore Forecast: Prices Hinge on FOMC, Evergrande Crisis, China Steelmaking Curbs

Gold prices gain as potential systemic risks out of China's Evergrande Group roil broader markets. Meanwhile, iron ore is ticking higher after a big drop on Monday as China steps up steelmaking curbs.

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Bank of Japan (BoJ) Preview: Monetary Policy to Hold Steady

The Bank of Japan is set to hold a monetary meeting across 21 – 22 September 2021, as markets have their eyes on Japan’s ruling party leadership race.

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AUD/USD Eyes RBA Minutes, FOMC After Systemic Risks out of China Weighs on Sentiment

The Australian Dollar fell overnight alongside US stocks as traders gauged systemic risks from China's indebted Evergrande Group. RBA minutes are in focus as the highly-anticipated FOMC decision lo...

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Market Intelligence

Bloomberg's Larry Tabb on the recent surge in retail investing activity, speculative trading and the one thing most misunderstood about the markets.

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S&P 500 Sinks on Evergrande Risks Ahead of FOMC, Airline Stocks’ Outlook Brightens

The S&P 500 plunged at the start of the week on Evergrande worries, but despite the growing market risks, some industries are starting to look more attractive over the medium term.

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NZD/USD Bull Flag Formation Unravels as September Opening Range Snaps

The bull flag formation in NZD/USD has unraveled as the exchange rate snaps the opening rage for September.

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Gold Price Outlook: Gold Prices Achieve Modest Gains, Stocks Slide

Fed rate decision weighs on commodities, Gold and Silver remain flat despite equity sell-off.

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Canadian Dollar Price Forecast: USD/CAD Spikes, Pulls Back - Loonie Levels

USD/CAD spiked to start the week and is already putting in a pullback to support at the 1.2800 handle.

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How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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EUR/USD Eyes 2021 Low Ahead of Fed Meeting as ECB Defends Dovish Guidance

EUR/USD appears to be on track to test the yearly low (1.1664) following failed attempt to clear the July high (1.1909).

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Stocks Hit as Evergrande Risk Begins to Spread

The S&P 500 is trading at a fresh monthly low before US markets have opened for the day. Risk from Evergrande is spreading around the world and the Fed is in a blackout period until Wednesday.

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Bitcoin (BTC) Slumps Through Support, Alt-Coins Crumble, Heavy Losses Seen

Bitcoin fell back through its recent Fibonacci support level and may re-test the $43k level unless dip buyers appear once more.

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USD/ZAR Outlook: Rand Tanks as Safe-Haven Assets are Bid - Evergrande

Evergrande has riled markets since last week as debt concerns grow, hitting commodities and many EM currency pairs in the process. USD/ZAR continues rally as rand falls.

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US Dollar Soars, CAD Slammed, China Risks Dictating Price Action

China risks weigh on risk appetite, USD soars, CAD slammed ahead of Canadian Election

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Evergrande Contagion Fears Take Over Market Sentiment, Global Stocks Dip

Global markets trade deeply in the red as investors focus on the ongoing Evergrande saga

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Hang Seng Index Tanks on Evergrande Contagion Fears, Central Banks Ahead. Will Risk Assets Go Lower?

The Hang Seng Index tumbled under the weight of an expanding Evergrande credit crisis amid growing fallout fears. Will risk assets like AUD/JPY be undermined?

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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...