Fundamental Analysis US, China, and Shrinking Trade Daniel John Grady Aug 7, 2023 60 Economists are forecasting some concerning data to be reported tomorrow. But, that doesn't necessarily mean the market will react immediately, and it…
Technical Analysis Intraday Analysis – CAD Drifts Lower Jing Ren Aug 7, 2023 71 USDCAD breaks higher The Canadian dollar softened after July’s employment data missed estimates. The US counterpart has made its way back to last…
Technical Analysis The Week Ahead – Lower Inflation and Resilient Economy Lift Risk Appetite Jing Ren Aug 4, 2023 57 USDJPY rallies as BoJ stays put The yen weakens as the BoJ keeps the status quo with dovish guidance. Despite volatility after the central bank let…
Fundamental Analysis Can We Talk About a Soft Landing For the US? Daniel John Grady Aug 4, 2023 50 Stock markets this week have been on the backfoot over credit risk, which has overshadowed generally positive news on the economic front. Is it time…
Technical Analysis Intraday Analysis – USD Needs a Fresh Catalyst Jing Ren Aug 4, 2023 49 GBPUSD bounces back Cable consolidates after a modest rate hike of 25 basis points by the BoE. The pair has been drifting lower after it broke…
Fundamental Analysis Will the NFP Go Back to Beating Estimates? Daniel John Grady Aug 3, 2023 48 Tomorrow is the release of the all-important July NFP numbers. This comes in the context of the Fed most recently saying they will be data-dependent…
Technical Analysis Intraday Analysis – USD finds support Jing Ren Aug 3, 2023 46 USDJPY consolidates gains The US dollar edged higher after July’s ADP employment data beat expectations. A rally above 141.20 has forced short-term…
Fundamental Analysis What Just Happened With Crude? Daniel John Grady Aug 2, 2023 37 Energy markets got something of a double jolt yesterday, with API inventories showing the largest drawdown since records began. A little while later,…
Technical Analysis Intraday Analysis – Gold still in correction Jing Ren Aug 2, 2023 44 AUDUSD falls back The Australian dollar fell after the RBA held interest rates for a second straight month amid cooling inflation. The pair’s…
Technical Analysis Gold Consolidates as Dollar Jumps! David Kindley Aug 1, 2023 61 Gold remained consolidated after falling away from 2-month highs yesterday. Manufacturing PMI for July could give a clear direction for the yellow…