Dollar Recovery Remains Unclear After FOMC Minutes Keeps Inflation in Focus
The Federal Reserve released the transcript of its controversial December rate decision. Despite a clear […]
Chinese Coal Rumors Boost AUD
The AUDUSD caught a bit of a bid yesterday on rumors that China might lift […]
Nonfarm Payrolls to Set the Tone for US Dollar in New Year
Trading in the new year will fire up with the latest US employment data on […]
Good News is Bad News for the Fed
Good News is Bad News for the Fed Leading indicators point towards a turnaround in […]
Fed Kashkari sees rate hikes pausing at 5.4%, but could be higher
Minneapolis Fed President Neel Kashkari said in a speech, “while I believe it is too […]
Growing Optimism?
Equity markets are pushing higher on Wednesday, buoyed by softer yields and some promising PMI […]
Gold: Bulls Accelerate on Expectations for More Dovish Fed
Gold extends rally in the fourth straight day and hit the highest since mid-June. The […]
USD/CHF IG Client Sentiment: Our data shows traders are now at their most net-long USD/CHF since Dec 13 when USD/CHF traded near 0.93.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
Gold Rallies to 7-month Peak, Stretching the Bullish Structure
Gold skyrocketed to a new seven-month high of 1,865, exiting from the medium-term ascending channel, […]
NZD/USD Looking to Find a Support in this Pullback – Elliott Wave Forecast
NZDUSD turned bullish as expected after we spotted a completed five-wave bearish cycle within wave […]
Could Canadian Data Steal the Spotlight from US Jobs Report?
The first week of the new trading year tends to be very busy with data releases, but […]
US ISM manufacturing fell to 48.4, corresponds to -0.1% contraction in GDP
US ISM Manufacturing PMI dropped from 49.0 to 48.4 in December, below expectation of 48.6. […]