Saturday, 23 April 2022

EUR/USD Vulnerable: Policy Divergence and Lagarde’s Unusual Request

The ECB has no intention to raise rates in Q2 while the Fed is weighing up multiple 50 basis point hikes and Lagarde requests dissenting members to delay criticisms.

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Gold Price Outlook Hinges on US Inflation During Fed Blackout Period

The update to the US PCE Price Index may drag on the price of gold as the Fed’s preferred gauge for inflation is expected to downtick for the first time since August.

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Friday, 22 April 2022

British Pound Forecast: GBP/USD at Risk of Further Losses as the UK Economy Weakens

Slowing economic growth in the UK and bets that the Bank of England will not be as aggressive as the Fed during its tightening cycle are likely to weigh on GBP/USD in the near term.

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

Rates markets are fully pricing in a 50-bps rate hike by the Federal Reserve in May.

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Bearish GBP: Rates Market Far Too Aggressive vs Cautious BoE: Top Trade Opportunities

Despite the Bank of England hiking at the fastest pace in over a decade, Cable is on course for its worst quarterly performance since Q1 2020.

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Thursday, 21 April 2022

Dow Jones, Nasdaq 100 Drop on Fed Powell Commentary. ASX 200 Trendline Break Eyed

The Dow Jones and Nasdaq 100 fell as Fed Chair Jerome Powell kept boosting 50-basis point rate hike bets. Ahead, the ASX 200 is pressuring a key trendline despite strong Australian PMI data.

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AUD/USD Falls as US Yield Surge Pressures Risk-Sensitive Currencies Against US Dollar

The Australian Dollar fell overnight as a surge in Treasury yields boosted the US Dollar. Australian PMI data showed the Aussie economy's recovery is gaining steam. Japanese CPI data is in focus to...

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As Fed Hikes Rates, Will ARKK Continue to Sink?

Has Cathie Wood lost her golden touch? Not necessarily.

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3 Key Tips To Building Your Confidence As A Trader

Successful traders understand the importance psychology and how reacting to risk is one of the most crucial aspects of success in the market. As with anything we do in life, confidence is a signifi...

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Wednesday, 20 April 2022

The DAX 40 has held up despite uncertainty of German energy supply from Russia coming under further scrutiny.

The DAX 40 remains range bound amid energy uncertainty, continuing geopolitical conflicts and inflationary pressures. Can the DAX rally?

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Crude Oil Price Forecast: China Key to Direction Amid Record US Exports

WTI and Brent crude oil prices are steady in Asia-Pacific trade despite a rapidly shifting fundamental backdrop around US exports, Russian supply and Chinese demand. Where are oil prices headed?

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USD May Need a Recession | tastytrade clips

The Fed hiking interest rates likely won't have a big impact on the current values of homes in the US, or inflation-causing supply chain constraints.

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USD/CNH Surges Despite US Dollar Weakness as Fed Pressures PBOC

The Chinese Yuan continued to weaken overnight as China's yield advantage evaporates versus the US as an aggressive Fed path pressures the PBOC. APAC traders are digesting New Zealand inflation dat...

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GBP/USD Bounces Off Support, but Descending Triangle Pattern Signals Further Losses

GBP/USD stages a moderate rebound on Wednesday, supported by broad-based weakness in the U.S. dollar, but the fundamental and technical outlook for the pair remains bearish.

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Tuesday, 19 April 2022

Japanese Yen Melts as Fed and BoJ Policies Diverge. How High for USD/JPY?

The Japanese Yen is at 20-year lows against the US Dollar as the Fed and Bank of Japan go down different roads. Where to for USD/JPY?

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Gold Price Forecast: XAU Weighs Yields, US Dollar, Fed Path Amid Crude Oil Pullback

Gold prices may stagnate as nominal and real yields push higher amid increased chances for a soft landing from the Fed after oil prices eased, but traders may be reluctant to unwind XAU positions.

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Crude Oil Price Tumbles on IMF Outlook Concerns of War, Lockdowns and Fed Tightening

Crude oil lost ground in the aftermath of the IMF downgrading global growth on the back off the Ukraine war, Chinese lockdowns and inflation fighting central banks.

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Equities Forecast Q2 2022: Fed Policy Remains the Biggest Risk for Equity Markets

A volatile first quarter for US equities, which grappled with not only an inflation-fighting Federal Reserve but also increased geopolitical tensions.

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US Dollar, USD/JPY, USD/CNH Gain as Wall Street, Treasury Yields Rise. PBOC Cut Next?

The US Dollar extended its advance against the Japanese Yen as stocks and Treasury yields gained on Wall Street. USD/CNH broke above a year-long trendline ahead of expected PBOC cuts.

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S&P 500 and Nasdaq 100 Rally as Risk Appetite Recovers Ahead of Tesla’s Earnings

After a mixed start to the week, U.S. stocks rally on Tuesday as risk appetite recovers on encouraging corporate earnings and signs that the economy remains resilient.

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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...