Preliminary Data Sets Up for Another Strong NFP Report
The ADP said the US private sector added 235K jobs in December in a report […]
Dollar Index: Surprise Numbers from US Labor Sector Point to Further Tightening
The dollar index accelerated higher at the start of the US session on Thursday, driven […]
Markets in Holding Pattern
So, the FOMC minutes didn’t move the needle last night, and therefore nothing has changed […]
AUD/USD: Bulls Remain in Play But Face Headwinds from 200DMA
The Australian dollar is keeping traction after Wednesday’s 1.7% advance (the biggest one-day rally since […]
EUR/USD: Near-Term Structure Remains Bullishly Aligned But Needs More Signals for confirmation
The Euro remains constructive, although moving within a narrow range on Thursday, following previous day’s […]
GBP/USD: Extended Sideways Mode Looks for Fresh Direction Signals
Cable remains in extended sideways mode and moving around 200DMA (1.2023), with psychological 1.20 support […]
AUDUSD Consolidates After 200-day SMA Curbs Advance
AUDUSD has been in a recovery mode since mid-October when its long-term downtrend hit a bottom […]
Calendar Modestly Interesting With US ADP Labour Data
Markets Yesterday, trading basically followed the pattern from earlier this week. Bonds rallied, with Europe […]
Fed Pricing Remains Too Soft
Released yesterday, the FOMC minutes were hawkish enough to get the S&P500 erase early gains, […]
The Fed Keeps a Close Eye on the Labour Market
Market movers today Today’s data calendar is thin. After yesterday’s bunch of data releases and […]
Good News from China Helps Lift AUD/USD
China is said to be considering a partial easing to the ban on imports of […]
FOMC Minutes: Inflation Still Main Risk
The Minutes from the December FOMC meeting showed that Fed members observed that a slowing […]