Despite VIX Collapse, S&P 500 Rally Stalls But USDJPY Tumble Catches Ahead of NFPs
There was no small measure of fundamental whiplash this past session. Despite the Fed’s favorite […]
Dow Rally Falters Despite Cooler Inflation, NFPs Now an Open-Ended Event
The US indices – led by the blue chip Dow Jones Industrial Average – were […]
USD/JPY IG Client Sentiment: Our data shows traders are now net-long USD/JPY for the first time since Nov 14, 2022 when USD/JPY traded near 140.09.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
US NFP and How the Market Could React
Tomorrow has the all-important release of US labor market numbers. But the Fed’s Powell kind […]
GBP/USD IG Client Sentiment: Our data shows traders are now at their least net-long GBP/USD since Nov 23 when GBP/USD traded near 1.21.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
NZD/USD IG Client Sentiment: Our data shows traders are now net-short NZD/USD for the first time since Jun 10, 2022 when NZD/USD traded near 0.64.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
EUR/USD: Euro Keeps Firm Tone on Weaker Dollar, Improved Economic Data
The Euro extends higher in early Thursday as the risk sentiment was boosted by comments […]
Australian Dollar Flies after Powell Speech
AUD/USD continues to power upwards and hit 10-week highs earlier today. The Australian dollar climbed […]
Dollar Index: Dollar Under Fresh Pressure from Less Hawkish than Expected Powell
The dollar index stabilized in early European trading on Thursday, after a gap lower opening […]
UK PMI manufacturing finalized at 46.5, further contraction, outlook darkened
UK PMI Manufacturing was finalized at 46.5 in November, up from October’s 46.2. S&P Global […]
AUDUSD Targets 200-SMA after Solid November
AUDUSD jumped into the 0.6800 territory early on Thursday after a remarkable session in November, […]
Fed Bowman: Appropriate to slow tightening pace, but terminal rate would be slightly higher
Fed Governor Michelle Bowman said she expect ongoing increase in rates at coming meeting. But, […]