The widening interest rate outlook between Sterling and the Euro continues to weigh on the pair, bringing new multi-year lows into view.
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Wednesday, 12 January 2022
Gold Prices Coil Up For Breakout. Will US Inflation Data Be The Trigger?
Gold prices are coiling up for breakout as markets weigh the impact of buoyant inflation and a more hawkish Fed on real interest rates. Incoming US CPI data may trigger volatility.
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Tuesday, 11 January 2022
US Dollar Sinks as Powell Talks Tough on Inflation Ahead of CPI Data. Can USD Hold On?
The US Dollar took a tumble as Fed Chair Powell put forward his inflation fighting credentials, bringing down long-end Treasury yields. Will USD break lower?
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Crude Oil Surges Past $80 Per Barrel as USD/CAD Plummets. EIA Data on Tap
Crude oil prices surged above $80 overnight after Fed Chair Jerome Powell testified before Congress. The Canadian Dollar followed amid a broadly weaker US Dollar. EIA data is eyed.
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Australian Dollar Skips a Beat on Softer China CPI and PPI. Where to for AUD/USD?
The Australian Dollarappears comfortable holding recent gains as China's inflation gauges come in lower than expected. Will AUD/USD stay strong?
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Dow Jones Advances After Powell Testimony, Hang Seng May Follow Higher
Wall Street equities gained after Federal Reserve Chair Jerome Powell reassured investors that the central bank will contain inflation without hurting the economy. Asia-Pacific markets may open hig...
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NZD/USD Rate Defends January Opening Range Ahead of US CPI
NZD/USD may stage a larger rebound over the coming days as the exchange rate defends the opening range for January.
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AUD/USD Eyes Chinese Inflation Data After US Dollar Takes Hit on Powell Testimony
The Australian Dollar gained versus a broadly weaker US Dollar after Fed Chair Powell testified before Congress overnight. Chinese inflation and factory-gate prices are on tap for today's APAC sess...
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Long GBP/JPY as the Carry Trade Theme Re-Emerges in 2022: Top Trade Q1 2022
The Yen remains a popular currency in FX markets for many reasons and in this case it's due to its appeal in the "carry trade". A carry trade exists whenever you have two currencies with diverging ...
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Nasdaq 100 & ARKK Blast Higher, but US CPI Data May Spark a Reversal. Dead Cat Bounce?
Nasdaq 100 & ARKK built on yesterday's recovery and posted big gains on Tuesday, but the rebound could soon be reversed if U.S. inflation data triggers further rises in bond yields.
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US Dollar Price Action Setups pre-CPI: EUR/USD, GBP/USD, USD/JPY
Tomorrow brings a highly-anticipated CPI report out of the U.S., with expectations for a 7-handle on the headline print. This webinar looked at various scenarios around the theme.
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Gold Price Recovery Emerges Ahead of US CPI Report Despite Hawkish Fed
Fresh developments coming out of the US may keep the price of gold afloat as inflation is expected to pick up for the fourth consecutive month.
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Crude Oil Prices at Risk on Powell Hearing, Waning Demand Cues
Crude oil prices are at risk of deeper losses. Fed Chair Powell may strike a hawkish tone at a Senate confirmation hearing while data warns of ebbing demand.
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Monday, 10 January 2022
Establish Your Baseline Trading Targets, and Make Sure to Maintain Them
In 2021, I became sloppier with sticking to my established baseline trading targets. These are derived from your risk-reward ratios and include the maximum you are willing to take a loss on any giv...
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US Dollar Solid Ahead of CPI and Fed Chair Powell Confirmation. Will USD Run Higher?
The US Dollar holds the high ground ahead of CPI and Fed Chair Powell's confirmation hearing as the market ups the ante on rate hikes. Where to for the USD?
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Gold Prices Set to Rise on Baked in Fed Rate Hike Bets as CPI Looms
Gold prices are rising this week despite an aggressive shift in hawkish Fed rate hike bets. Bullion traders have a close eye on Fed Chair Powell's confirmation hearing and incoming CPI data.
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Nikkei 225 and Hang Seng Index in Cautious Mood After a Choppy US Session
The Nasdaq 100 dropped as much as 2.7% before paring losses on Monday, holding above a key support level. The 10-year Treasury yield retreated to 1.76%. Asia-Pacific markets look set to open in cau...
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AUD/USD at Key Level as Australian Retail Sales and Trade Balance Nears
AUD/USD faces a key price level as Australia readies to release trade and retail sales data amid surging Omicron cases. Meanwhile, traders remain cautious ahead of US and Chinese inflation data.
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Households Upbeat on Jobs, Earnings and Expenses in 2022 – Fed Survey
In the lead up to this weeks CPI print, the NY Fed’s December consumer survey sees positive labor sentiment but higher expected household costs, inflation flat
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Crude Oil Prices May Turn as Markets Weigh Inflation, Fed Outlook
Crude oil prices stalled near the $80/bbl figure on the WTI benchmark as US jobs data flagged ‘stagflation’ worries. How the Fed may respond is in focus this week.
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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...
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Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....