Sunday, 31 October 2021

Nikkei 225 Index Leaps as LDP Election Win Opens Stimulus Plans. Where will Nikkei 225 land?

Japan's Nikkei 225 index opened higher after the Japanese election result delivered a decisive majority to the incumbent LDP party. Will Nikkei 225 hold?

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The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

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Markets Week Ahead: Dow Jones, US Dollar, Gold, British Pound, Fed Taper, NFPs, BoE Hike?

The Dow Jones, S&P 500 and Nasdaq 100 hit records highs despite Fed QE tapering being just around the corner. Is volatility about to rise? The British Pound is eyeing the BoE, where the central ban...

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Weekly Fundamental Gold Price Forecast: Hawkish Central Banks a Hurdle

Gold prices are facing difficulties in the coming days as more and more central banks take a hawkish turn.

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US Stock Rally Braces for Fed to Gradually Taper QE Program

The Federal Reserve interest rate decision may influence the US stock market as the central bank prepares to scale back monetary support.

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Saturday, 30 October 2021

Euro Forecast: EUR/USD Rally More Likely After Traders Ignore Dovish Lagarde

The reaction in the FX markets to last Thursday’s comments by the ECB President was odd: she was dovish, yet the Euro climbed. That suggests more near-term upside for the currency.

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Crude Oil Outlook: Oil Prices Remain Supported Ahead of OPEC+

Oil prices continue to rise as fundamental factors weigh on supply. Rising channel continues to hold bulls at bay

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US Dollar Forecast: Fed QE Taper, Non-Farm Payrolls, Wall Street Volatility Risk

The US Dollar rose as markets await the Fed, the start of QE tapering and NFPs. Still, USD has broadly underperformed in October, it might have its chance to shine next.

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Friday, 29 October 2021

Bitcoin (BTC) Steadies Around $61k, Ethereum (ETH) Posts a New All-Time High

The cryptocurrency market is back on the front foot and pushing higher after a mid-week clear out and both Ethereum and Bitcoin look good to move even higher.

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Australian Dollar Outlook: RBA in Focus as Commodities Fade. Where to for AUD/USD?

The Australian Dollar found support from a yield uptick on RBA inaction, but commodity weakness kept a lid on it. Will yield or commodities drive AUD/USD?

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GBP Forecast: Bank of England Seen Raising Rates, GBP/USD at Risk

BoE seen raising rates, however, high bar for hawkish surprise sets up GBP disappointment

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Shiba Inu (SHIB), Spot Gold (XAU/USD) & NASDAQ 100 Index (NDX) – FinTwit Trends to Watch

Fintwit has been inundated by tweets around the exceptional rise of Shiba Inu (SHIB), spot golds failure to break above $1800 and NDX on the cusp of potential reversal.

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Gold Price Forecast: Gold Bears Push Break Ahead of the Fed - XAU/USD Levels

Gold prices are breaking down this morning after falling from a rising wedge formation, a pattern often approached with the aim of bearish reversals. Next week brings FOMC.

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US Dollar Gets a Small Bid on PCE Release, Employment Costs Rise

The US dollar moved a fraction higher on the US PCE release as employment costs move ever higher.

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How to Trade Forex News: An Introduction  

Find out the essentials of trading the news with this introductory guide to forex news trading

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British Pound (GBP) Outlook Increasingly Uncertain on Fish Wars and BoE/Fed Decisions

The British Pound is currently shrugging off an increasingly acrimonious UK/France fishing dispute but important BoE and Fed meetings next week will be the main drivers of GBP/USD's fortunes

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US Dollar Price Action Set-Up: Euro Bounce Back, Month-End Rebalancing Eyed

Euro bounces as Lagarde fails to push back on market pricing. USD risks stemming from month-end rebalancing.

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Thursday, 28 October 2021

Australian Dollar Leaps on Yield Snap Ahead of RBA, BoE and Fed. Can AUD/USD Move Up?

The Australian Dollar is testing new highs as domestic yields have risen sharply on the RBA letting go of a key bond rate. Where to for AUD/USD?

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Gold Prices at Risk, Eyeing the Fed’s Key Inflation Gauge. Will XAU/USD Clear Support?

Gold prices consolidated despite the US Dollar falling on softer GDP data. XAU/USD may be at risk if the Fed’s preferred gauge of inflation surprises higher to wrap up the week.

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What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

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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...