Risk On or Risk Off in 2023: Looking to the Nasdaq - Dow Ratio

While most traders are focusing in on a single asset or perhaps market heading into the new trading year, I believe it pays to have a perspective on the broader system. And, for that fundamental backdrop, I believe the Nasdaq-Dow ratio offers interesting insight.

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Top 3 FX Themes for 2023: USD, JPY, Euro

It was a big year for FX markets as the US Dollar jumped for the first three quarters of 2022 only to snap back with aggression in Q4. What’s in store for 2023?

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EURUSD Left in a Technical Lurch as Markets In Full Holiday Liquidity

This past week ended with the Fed’s favorite inflation indicator addressing one of the top macroeconomic themes. The S&P 500 generated volatility but held to range, the VIX naturally deflated and most Dollar crosses disarmed key technical patterns. The exception remains EURUSD. Will pressure force this pair in the final week of 2022?

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What to Expect from the S&P 500 In the Final Week of 2022?

There is only one week left in the trading year, and it will be contorted by holiday conditions. What should we expect from the S&P 500 (as a benchmark for ‘risk trends’) to close out 2023?

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USD/ZAR Outlook: ZAR Gains Continue as ANC NEC Announcement Keeps Markets Optimistic

ZAR on course for 5 consecutive days of gains against the greenback. Will we enter the New Year below the R17.00/$ mark?

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WTI Oil Eyeing Further Gains Following Yesterday’s Pause

WTI printed a 3-week high yesterday before being weighed down by changing sentiment and a stronger US dollar. Further gains or consolidation ahead for WTI Crude?

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Taking Your Trading International: Risks and Rewards

Resurgent inflation and a rethink of globalization will bring both challenges and opportunities for traders looking across borders for opportunities.

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Japanese Yen Slips on CPI Data but Bigger Storms Might be Brewing. Where to for USD/JPY?

The Japanese Yen is once again coming under scrutiny today after inflation data reveals the rationale for the Bank of Japan tilting toward a more hawkish stance earlier this week.

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Gold Price, Dow Jones, US Dollar in Focus after Supportive US GDP Revisions

Gold prices and the Dow Jones sank as the US Dollar rallied. Supportive US GDP revisions bolstered hawkish Fed policy bets. Markets are vulnerable to thin trading conditions.

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Will EURUSD Earn a Break with NZDUSD Sliding and S&P 500 Swinging?

We have seen some remarkable volatility from the markets heading into a known liquidity drain with the holiday weekend dead ahead. The volatility and breaks that we have seen from the likes of the S&P 500 and NZDUSD will likely struggle for follow through, but can EURUSD at least join in on the aimless tumult?

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Stocks Slide into Support, PCE, Consumer Sentiment on Deck

A strong final reading of Q3 GDP gave bears some room to work today, but the S&P and the Dow put in strong bounces from key supports.

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GBP/USD Edges Higher Despite UK GDP Shrinking More than Expected in Q3

UK GDP Shrank more than expected in Q3 as recession fears received further validation. GBP/USD flirts with the 200-day MA, Break or Bounce…?

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US Dollar Slides As Markets Take Stock Ahead of Holidays. Where to for USD?

The US Dollar is weaker today as markets appear to be putting the cue back in the rack ahead of the holidays next week. Will thin trading conditions undermine the DXY (USD) Index?

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Japanese Yen Recoils Amid Recalibration After BoJ Shock. Will USD/JPY Go Lower?

The Japanese Yen appears perplexed against the US Dollar as markets try to decipher the implications of the Bank of Japan’s shift in yield curve control. Where to for USD/JPY?

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Australian Dollar, S&P 500 Gain as Nike Earnings, Consumer Confidence Boost Markets

The sentiment-linked Australian Dollar climbed alongside the S&P 500 as an improvement in risk appetite boosted markets, driven by rosy Nike earnings and US consumer confidence data.

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VIX Collapse Lifts the Equities, EURUSD Extreme Range with Limited Time

We are feeling the effects of holiday liquidity expectations. While enthusiasts may consider the S&P 500’s rebound this past session a mark of conviction, it likely has more to do with the receding tide from the VIX. Meanwhile, there are extreme market measures like EURUSD’s range that are prone to volatility, but can they be tripped?

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S&P 500, Nasdaq, Dow Jones Forecast: Key Support Bounces Now in Play

The S&P 500, Nasdaq and Dow Jones all ran into key support levels to start this week – which led to today’s bullish response. But can buyers still push a Santa Rally?

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British Pound (GBP/USD) Latest: The US Dollar is Back in the Driver’s Seat

The next move in GBP/USD will be decided by US economic data before the holiday season lull sets in.

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EUR/USD Forecast: Euro Bolstered by GfK Consumer Confidence

The euro grapples with positive German consumer sentiment and a stronger USD ahead of U.S. consumer confidence data later today.

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Crude Oil Holds the High Ground as Risks Swirl in BoJ Aftermath. Will WTI Rally?

Crude oil has consolidated recent gains as volatility around it calms down after yesterday’s wild ride that saw the Japanese Yen blaze higher. Will further tightening impede WTI?

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