Friday, 24 September 2021

GBP/USD Flattens After BOE-Induced Rally

A hawkish tone from the Bank of England boosts the Pound as the Dollar tries to catch up to yields

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US Dollar Outlook Bullish on Future US-China Tension

The US Dollar may gradually rise amid rising tensions between the US and China as the Biden administration redirects its focus to Asia.

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Thursday, 23 September 2021

Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

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Australian Dollar Eyes Evergrande as USD Bondholders Still Await Interest Payments

The Australian Dollar marked time after reports crossed the wires that Evergrande USD bondholders had yet to receive interest payments ahead of a key deadline. What are key AUD/USD levels to watch?

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The Most Volatile Currency Pairs and How to Trade Them

Find out what currency pairs may show the most volatility, and how you can tailor your strategy to capitalize on market volatility.

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AUD/USD, AUD/JPY Surge Despite Rising Treasury Yields, Looming Evergrande Risks

The Australian Dollar gained as traders bid up stocks on Wall Street. Evergrande woes are being brushed aside despite reports that Beijing asked localities to prepare for its downfall.

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Canadian Dollar Price Forecast: USD/CAD Snaps Back to Key Support

USD/CAD has snapped back for a support test at a confluent spot on the chart with two different Fibonacci levels in tight proximity.

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USD/TRY, EUR/TRY Rates Jump amid Surprise Turkish Rate Cut

The Central Bank of the Republic of Turkey (CBRT) ended its monetary tightening cycle will a surprise 100-bps rate cut on Thursday.

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S&P 500, Nasdaq Rally After the Fed; 10 Year Yield to Two-Month-Highs

Treasury yields are shooting higher after yesterday's FOMC meeting but, oddly, it appears that stocks do not care at all as they've also continued to move higher.

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EUR/USD Rate Rebound Emerges Following Failure to Test 2021 Low

EUR/USD may stage a larger recovery over the remainder of the month as it appears to be reversing course ahead of the yearly low (1.1664).

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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Rate hike odds perk up for the Bank of England, while the European Central Bank may begin to signal the end of its QE program.

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US Dollar Extends Decline as US PMIs Slip

USD back to pre-FOMC levels as declines extend. US PMI misses expectations

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South Africa Breaking News: USD/ZAR falls to support, SARB keeps rates unchanged

The South African Reserve Bank holds rates steady at 3.5% as unemployment remains at historical highs

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Bank of England Reaction: GBP/USD Jumps on More Hawkish BoE

Bank of England provides more hawkish statement. 7-2 vote split on Gilt purchases. GBP jumps above 1.3700

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Canadian Dollar Forecast: USD/CAD Sell-Off Accelerating Into Support

The neutral to mildly hawkish sentiment from yesterday's FOMC meeting is not playing out in USD/CAD which continues to slide lower.

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XAU/USD Price Forecast: Conflicting Fundamentals Hinder Gold's Recovery

XAU/USD is struggling to find its footing as the risk-off mood clashes with the Fed’s hawkishness

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FTSE 100 Price Outlook: Bank of England to Leave Advance in UK Stocks Intact

The Bank of England MPC will not want to rock the boat in the UK financial markets. If the FTSE and GBP are stable after its monetary policy meeting it will pat itself on the back.

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EU Breaking News: DAX, EUR/USD Shrug Off Missed German and EU PMI’s

The Euro along with European equities have flouted missed PMI data as the DAX marches higher while EUR/USD tests key horizontal levels.

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British Pound Battles US Dollar After FOMC, Before BoE. Will GBP/USD Move Lower?

The Great British Pound repelled US Dollar strength in the aftermath of the FOMC tapering announcement and before the Bank of England meeting. Can GBP/USD hold the line?

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Wednesday, 22 September 2021

How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

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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...