Oil Prices Drop after US Employment Data Lifts USD, FOMC Next
Oil prices dropped after the EIA revised total US oil demand (Feb) higher. A surprise in US employment costs also sparked a rise in USD, weighing on oil
Oil prices dropped after the EIA revised total US oil demand (Feb) higher. A surprise in US employment costs also sparked a rise in USD, weighing on oil
Sterling has benefitted from increased risk appetite, but its rise seems to be losing a bit of steam
Largely positive German and EU growth data has the euro making up some lost ground, preparing the landscape for the highly anticipated ECB’s cut in June
Traders are drawn to volatility due to increased trading opportunities. However, volatile markets require skill, experience, and effective risk management.
This article explores the fundamental and the technical outlook for the U.S. dollar, zeroing in on three popular and very liquid pairs: EUR/USD, GBP/USD and USD/CAD.
The Aussie dollar is one of the more recent standouts in the FX space, benefitting from a risk off environment and hotter-than-expected inflation. AUD Setups analysed
The Euro’s latest uptrend has held up into the start of a new trading week as the single currency looks more comfortable above $1.07
Gold is struggling to move higher as haven assets remain in the doldrums. This week’s Fed policy decision and US Jobs Report are likely to wake up the precious metal.
USD/JPY touched 160 and reversed sharply towards 155 as suspicions of FX intervention did the rounds on Monday. Rate differential remains a major stumbling block
Risk markets pushed higher over the week, spurred on by a lull in Israel/Iran hostilities. Next week the FOMC and tech heavyweights Amazon and Apple will dominate risk sentiment.