Crude Oil Eases as Markets Ponder a Possible Chinese Reopening. Will WTI Rally?
The crude oil price has given up some of Friday’s gains, but the US Dollar […]
US Dollar Appears Increasingly Vulnerable: USD/SGD, USD/THB, USD/IDR, USD/PHP
The US Dollar continues to weaken against ASEAN currencies. The Singapore Dollar and Thai Baht […]
China exports dropped -0.3% yoy in Oct, imports down -0.7% yoy
In USD term, China’s exports dropped -0.3% yoy to USD 298.37B in October, well below […]
EUR/USD Recovers As Dollar Starts Downside Correction
Key Highlights EUR/USD started a recovery wave above the 0.9900 resistance zone. It broke a […]
Platinum (PL) Searching for Bottom
Platinum (PL) continues to trade sideways and the metal is in the process of forming […]
Hang Seng Index Technical Outlook: Slide Lower Pauses. Now What?
The Hang Seng Index’s rebound from deeply oversold conditions appears to be a pause, and […]
Australian Dollar Forecast: China Trade Balance in Focus After Iron Ore Prices Rebound
The Australian Dollar looks poised to rise against the US Dollar as rumors of a […]
Markets Week Ahead: Dow Jones, US Dollar, NZD/USD, USD/JPY, GBP/USD, Gold, CPI, China Credit, UK GDP
US stocks surged on Friday after a mixed non-farm payrolls report, which muddied Fed rate […]
Forex and Cryptocurrency Forecast
EUR/USD: Slower, Longer, Higher Overall, last week passed, as predicted, without any majorsurprises. The main […]
US Dollar Technical Forecast: USD Fed Rally Reverses- DXY November Levels
The Fed inspired USD rally reversed on the heels of strong NFPs on Friday with […]
ECB Villeroy: Hiking pace more flexible, possibly slower beyond neutral rate
ECB Governing Council member Francois Villeroy de Galhau said in an interview, “as long as […]