Europe European markets have managed to stabilize a touch after the volatility of recent days after US non-farm payrolls came in slightly below expectations on…
AUDUSD Outlook Traders await more cues on Fed’s rate-hike path after RBA inaction
The AUD/USD pair comes under some selling pressure during the Asian session on Tuesday and stalls a three-day-old uptrend from sub-0.6600 levels or its lowest…
Week ahead Nonfarm Payrolls and PMIs
On a week that will see an early close in the US on Monday and a holiday on Tuesday due to Independence Day, we are…
AUDUSD Forecast Move beyond 100-day SMA will set the stage for additional gains
The AUD/USD pair scales higher for the sixth successive day and touches over a three-week high during the Asian session on Monday, with bulls now…
Gold approaches record highs following Fed decision
The hint from the Federal Reserve that it has now concluded raising US interest rates after increasing rates at the most aggressive pace in close…
EURUSD Forecast Euro eyes additional losses once below 1.0950
EUR/USD stays below 1.1000 early Tuesday following Monday’s sharp decline. The pair’s near-term technical outlook points to a bearish tilt and sellers could take action…
First Republic drama will divert a 25bp from the Fed
Sentiment on Friday’s trading session was surprisingly resilient to further deterioration in the First Republic Bank’s (FRC) situation. The FRC dived another 43% on Friday…
Ongoing pivot to income as main driver of spending
Summary Consumer spending may not be quite as strong as it appears, but an underappreciated dynamic propping up the consumer is the tailwind from slowing…
USDJPY surges after BoJ maintains policy, inflation rises
USD/JPY has jumped 1.3% today and is trading at 135.74. Earlier, the yen touched a low of 135.86, its lowest level since March 10th. BoJ…
WTI Oil outlook Oil price falls further on stronger dollar and demand concerns
WTI Oil WTI oil price falls further in early Thursday, extending Wednesday’s bearish acceleration (down 2.4% for the day) which has registered a daily close…