GDP

Trade Of The Week: USD Bears Mark Their Territory

Mon, 14 Nov 2022 14:05:37 +0000

Last week we questioned whether the mighty dollar would continue dominating the FX space after its shaky performance this quarter.

Our question was somewhat answered last Thursday after official reports showed annual inflation in the United States slowed to 7.7% in October. Not only was this the lowest level seen since January 2022 but well below the 8.2% figure printed in September. This development has significantly reduced Read More

Trade Of The Week: Can ECB Hawks Rescue Euro Bulls?

Mon, 05 Sep 2022 11:36:44 +0000

The fierce war against inflation is set to continue this week with more central banks heavily armed, locked, loaded and ready for battle.

Our focus falls on the European Central Bank (ECB) which is expected to unleash a monetary bazooka in the form of a 75-basis point rate increase! Such a move will place the ECB among the ranks of 40+ central banks that have increased rates by 75bp or more in one go this year in the face of soaring inflation.

Before we take a deep dive into Read More

Trade Of The Week: Will Central Bank Heavyweights Spark EURUSD Breakout?

Mon, 27 Jun 2022 12:29:39 +0000

Watch this space because the EURUSD could turn volatile over the next few days!

Investors will be served a tantalizing combination of key economic reports and speeches from policymakers this week. However, the main course and potential market shaker could be the ECB’s three-day forum in Portugal’s Sintra which kicks off today. The forum will be focusing on “the challenges for monetary policy in a rapidly changing world” with Wednesday’s panel discussion featuring central bank heavyweights in sharp focus. Read More

Market Wrap: Gold, Yen, Chinese Stocks ease; investors digest China and UK data

Tue, 17 Jan 2023 09:10:07 +0000

Markets are relatively quiet overnight after the US exchanges were closed for Martin Luther King Day.

The dollar is trading in a narrow range as it holds near its recent multi-month lows, while 10-year US Treasury yields are rebounding off the 3.4% mark once more.

Such price action in the US dollar/yields have left gold exposed to some profit taking after posting fresh Read More

Trade Of The Week: Is The Pound In Trouble?

Mon, 25 Apr 2022 11:58:08 +0000

Sterling hijacked our attention last Friday after collapsing like a house of cards!

It has stumbled into the new week under renewed pressure, struggling to nurse deep wounds inflicted by the dismal retail sales and consumer confidence data. Mounting concerns over the cost-of-living crisis dragging Read More