Tuesday, 2 November 2021

Crude Oil Prices at Risk with FOMC, OPEC+ Meetings in the Spotlight

Crude oil prices appear to be losing momentum after a spirited rally brought them to a seven-year high. An FOMC policy announcement and an OPEC+ meeting are in focus.

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ASX 200 Drops as RBA Ditches Yield Target Before BoE and the Fed. Where To for Australian Stocks?

The ASX 200 went lower after the RBA abandoned yield curve control and stepped back from giving a timeframe for rate hikes. Will ASX valuations be undermined?

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Monday, 1 November 2021

Australian Dollar Sinks Despite RBA Scrapping Bond Yield Target, Where to for AUD/USD

The Australian Dollar weakened immediately after the RBA scrapped its April 2024 bond yield target, but kept rate hike bets in check. Can AUD/USD break lower?

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Nasdaq 100 Gains, ASX 200 Faces RBA Rate Decision as Australian Bond Yields Surge

The Nasdaq 100 gained on Wall Street, setting a rosy tone for Asia Pacific trade. Still, the ASX 200 is facing the RBA rate decision, producing volatility risk after surging bond yields.

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NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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S&P 500 Scrapes Small Gain, but Russell 2000 Comes Alive and Explodes Higher

The S&P 500 began the week with no clear direction, but the Russell 2000 exploded higher and came within striking distance of its record high amid accelerating rotation into small and mid-caps

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Forex Trading: What is Forex? FX Trading Explained

Forex trading is short for foreign exchange, often called 'FX' and focuses on the exchange of one currency for another.

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USD/ZAR Outlook: Rand Claims Worst Performing BRICS Currency on Election Day

South African municipal elections have hurt rand bulls today as uncertainty around the ANC's future following grows. U.S. taper talk is being priced into the market which further aggravates rand he...

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FX Week Ahead - Top 5 Events: BOE, RBA, & Fed Rate Decisions; Canada Jobs; US NFP

Central bank rate decisions and labor market reports define a busy first week of November.

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NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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Canadian Dollar Price Forecast: USD/CAD v/s CAD/JPY for CAD Strength

The Canadian Dollar has been really strong of late and the US Dollar is very much in the spotlight for this week. CAD/JPY remains interesting for bullish CAD approaches.

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US Dollar Muted on ISM Beat as Traders Await Fed Meeting

ISM beats expectations, prices paid remains elevated. USD awaits Fed.

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; November Fed Meeting Preview

Eurodollar contract spreads and the US Treasury yield curve are offering their strongest hints thus far that a more hawkish Fed is about to arrive.

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GBP/USD Longs Heighten Downside Risks, CAD Flips to Net Long – COT Report

Largest GBP net long since July, raising downside risks for BoE amid high bar to overdeliver

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EUR/USD Vulnerable to Renewed USD Volatility as FOMC Decision Nears

EUR/USD has given back all on last Thursday's sharp gains and now looks trapped below 1.1600 ahead of the Fed policy meeting this Wednesday.

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GBP/USD Under Pressure as USD Outperforms - Fed, BOE and Brexit Loom

GBP/USD testing support as the US Dollar perks up ahead of the Fed meeting

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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Sunday, 31 October 2021

US Dollar Holds Gains as Japan Boosts and China PMI Weighs. USD Volatility Ahead?

The US Dollar had some gains going into month end and a generally positive day for markets saw it maintain those levels. Can it keep going higher?

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Gold Prices Drop Before Key FOMC Meeting, ISM Data May Add Pressure

Gold prices may extend lower if ISM data stokes fears of stagflation and bolsters bets on a hawkish turn at this week’s pivotal FOMC monetary policy announcement.

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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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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...