Thursday, 28 October 2021

Australian Dollar Poised as Yields Roar and Oil Sinks. Will AUD/USD Get Going?

The Australian Dollar has been sidelined in an action-packed day in Asia, with central banks lining up to tighten. Can AUD/USD break out of the doldrums?

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Wednesday, 27 October 2021

Crude Oil Forecast: WTI Eases on Iranian Supply Prospects, US Inventory Build

Oil prices are on the move lower after traders digested a higher-than-expected US inventory build. Moreover, Iran-EU nuclear talks are set to restart, which may eventually see US sanctions removed.

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Bank of Japan (BoJ) Preview: Outlook Report to Provide Fresh Update

The Bank of Japan is set to hold their monetary meeting across 27 – 28 October 2021, as markets look towards its outlook report for guidance.

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How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and open the door to violent volatility – and trading opportunities.

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Australian Dollar Forecast: AUD/USD Gains After Tech Stocks Rise on Wall Street, BoJ Eyed

The Australian Dollar is up versus the US Dollar as rosy sentiment sees Wall Street traders bid tech stocks higher. The Bank of Japan rate decision and Australian export/import prices are in focus.

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USD/BRL Points Lower as Brazilian Central Bank Raises Selic Rate by 1.5%

The Central Bank of Brazil hiked the national Selic rate by a record 150 basis points as rampant inflation sweeps across the country.

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Trading the Digital Yuan: The first central bank-backed digital currency

The digital yuan (aka eCNY) is already being tested in mainland China, and the upcoming release of this new blockchain-enabled central bank digital currency (CBDC) is poised to further disrupt inte...

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Canadian Dollar Price Forecast: USD/CAD remains rangebound after BoC rate decision

Bank of Canada (BoC) holds rates steady at 0.25%, USD/CAD remains in a well-defined range ahead of next week’s FOMC meeting minutes

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Oil Price Susceptible to Larger Pullback as RSI Sell Signal Emerges

The price of oil may face a larger pullback over the remainder of the month as the RSI falls back from overbought territory to indicate a textbook sell signal.

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Bitcoin Outlook: BTC/USD Boom or Bust as Prices Retreat From ATH?

Bitcoin prices have retreated from the recent fresh ATH as the battle between regulations and an increase in institutional adoption persists

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The Race to a Billion: Men Versus Women

Who reaches billionaire status sooner, men or women? Our report analyzes the top billionaires in the world to find out.

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USD/JPY Correction to Persist Amid Weakness in US Treasury Yields

USD/JPY may continue to consolidate ahead of the Federal Reserve rate decision on November 3 as the 10-Year Treasury yield weakens for the fourth consecutive day.

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USD/CAD Breaking News: Hawkish Surprise as Bank of Canada Holds Rates Steady

USD/CAD fell on the back of the Bank of Canada expectedly maintaining rates at current levels however, the a surprise end to the QE program prompted CAD buyers to extend the recent downtrend.

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Why Gold Appears Unresponsive to Inflation Fears & Tech Levels That May Change That

The yellow metal is poised for another boost, however, this is largely contingent on the magnitude of central bank response to inflation expectations

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USD Faces Short-Term Month-End Hurdle, AUD/USD Topside Struggles

USD at risk of month-end selling, while AUD/USD fails to hold onto inflation inspired gains

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EUR/GBP Likely to be Choppy as BOE-ECB Risks Unfold

EUR/GBP likely to remain in a noisy range amid key central bank meetings

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Bitcoin (BTC), Ethereum (ETH) Slump, Alt-Coins Hit Hard

The cryptocurrency market is trying to recover from an early morning sell-off that sent prices plummeting across the board.

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GBP/AUD Price Outlook: Nearing Support After Sharp Falls, Inflation Jitters in Focus

GBP/AUD has fallen steeply in recent weeks but is now approaching an important band of support as inflation concerns dominate global currency trading.

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Gold Price Chart Hints at Turn as Inflation Fears Crop Up on Earnings Calls

Gold price chart positioning hints a downturn may be ahead as worries about inflation crop up on Q3 corporate earnings calls, stoking Fed tightening speculation.

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Tuesday, 26 October 2021

Crude Oil Prices Hold Lofty Levels as US Dollar Softens on Rising Inflation and Yields. Where to for WTI?

WTI crude oil has managed to maintain high prices at a time when inflation concerns are growing. Will it keep going to drive up inflation even further?

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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...