A VIX ‘Breakout’, Heavy Dollar Technicals, BOC Volatility and Recession Signals
The markets carried over greater market activity this past session with the VIX clearing its […]
USDCAD May Not Be the Most Responsive Loonie Cross to the BOC Decision
The Bank of Canada rate decision is on tap for Wednesday, and there is debate […]
US 500 IG Client Sentiment: Our data shows traders are now net-long US 500 for the first time since Nov 22, 2022 when US 500 traded near 4,003.91.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
Crude Oil Ponders Course as Markets Fears the Return of the Fed. Lower WTI?
The Euro backed away from parity again after the US Dollar ascendency got back on […]
Japanese Yen Tumbles as US Dollar Soars, Australian Dollar Turns to the RBA Next
The Japanese Yen slumped, sending USD/JPY higher in a very rare move as the US […]
Dollar and Risk Asset Reversals Throw Off Anticipation of Major Tend Developments
There was some exceptional volatility last week and the hints of tentative trend developments – […]
USDJPY Attempts to Pull Out of Bear Wave as Retail FX Traders Flip Net Long
The Dollar has enjoyed a broad bounce to start the week and USDJPY is one […]
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar is starting the week with a bounce and the FOMC is in […]
Euro Hits a High Note Amid China Re-opening Hopes and OPEC+. Where to for EUR/USD?
The Euro has run higher after the US Dollar collapsed again today amid a strong […]
US Dollar Technical Outlook Remains Grim: USD/SGD, USD/IDR, USD/PHP, USD/THB
The US Dollar is rapidly losing ground against ASEAN currencies. November was the worst month […]
Japanese Yen Strengthens Against US Dollar and Euro. Where to for EUR/USD and EUR/JPY?
The Japanese Yen made new high against the US Dollar and Euro last week after […]
Markets Week Ahead: Dow Jones, Gold, US Dollar, Crude Oil, OPEC+, AUD/USD, RBA
The Dow Jones and S&P 500 have been benefiting from dovish Fed bets. Gold soared […]