A near-term reversal calls into question the recent rally as we head into today's rate decision. Here are the updated targets & invalidation levels that matter. .
Feb-4-2017 08:18:33 AM
Cable is testing near-term resistance ahead of the BoE interest rate decision & quarterly inflation report. Here are the updated targets & invalidation levels that matter. .
Feb-4-2017 08:18:02 AM
A positive contribution to growth from net exports seems very likely for Australia given the huge surpluses chalked up in November and December.
Feb-4-2017 08:17:31 AM
A downward revision in the BoE’s quarterly inflation report may sap the near-term advance in GBP/USD as it drags on interest rate expectations.
Feb-4-2017 08:16:59 AM
Crude oil prices have capitalized on US Dollar selling amid a market-wide exodus from the so-called “Trump trade”, shrugging off a hefty inventory increase.
Feb-4-2017 08:16:05 AM
The British Pound may fall as the Bank of England strikes a cautious tone, pouring cold water on recently rebuilding interest rate hike speculation.
Feb-4-2017 08:15:35 AM
While prospects for global growth remain optimistic, echoed this morning by the Bank of England, Central Banks in the U.S. and U.K. have taken a sanguine approach to the potential for rising inflation.
Feb-4-2017 08:15:01 AM
AUD/USD may continue to retrace the decline from the November high (0.7778) as a bull-flag formation unfolds going into the first full-week of February.
Feb-4-2017 08:14:19 AM
Euro is testing technical resistance ahead of tomorrow's U.S. employment report. Here are the updated targets & invalidation levels that matter.
Feb-4-2017 08:13:28 AM
Gold prices are mirroring “Trump trade” on/off dynamics as markets weigh still-uncertain US fiscal policy. That may not change despite upbeat US jobs data. .
Feb-4-2017 08:12:42 AM
A mixed series of data prints may further push EUR/USD towards the December high (1.0873) as it saps bets for a March Fed rate-hike.
Feb-4-2017 08:11:24 AM
The US Dollar seems asymmetrically vulnerable to losses as January’s payrolls data fails to overcome lingering concerns about fiscal policy uncertainty.
Feb-4-2017 08:10:53 AM
Consensus for today's US NFP report are creeping higher (+175K) after a strong January ADP Employment report (+246K) on Wednesday.
Feb-4-2017 08:10:21 AM
The offshore Yuan strengthened to 6.7919 against the U.S. Dollar as of 12pm EST on Friday, the strongest level in two weeks.
Feb-4-2017 08:09:41 AM
Japanese Yen price action is likely to become increasingly erratic and volatile as financial markets test the Bank of Japan’s resolve to stick with its policy platform. .
Feb-4-2017 08:09:11 AM
The Australian Dollar is certainly underpinned, not least by those blockbuster export figures. But where is the impetus for it to push yet higher? .
Feb-4-2017 08:08:32 AM
A near 4% gain in the Canadian Dollar has placed the words and possible intent of BoC Governor Stephen Poloz against Traders who continue to bid the Loonie .
Feb-4-2017 08:07:49 AM
This week saw a heavy inclusion of U.S. drivers, which was somewhat to be expected for a week that had both the FOMC and Non-Farm Payrolls on the calendar.
Feb-4-2017 08:07:13 AM
The RBNZ’s first interest rate decision for 2017 may keep NZD/USD afloat as the central bank is widely expected to keep the official cash rate at the record-low .
Feb-4-2017 08:06:05 AM
Gold prices charged higher this week, recovering all the losses sustained in the previous session with the yellow metal rallying 2.3% to trade at 1219 ahead of the New York close on Friday .
Feb-4-2017 08:04:54 AM