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Fundamental Analysis

USD Looks for April US Retail Sales Rebound to Resume Downtrend
USD Looks for April US Retail Sales Rebound to Resume Downtrend

The dollar ceded ground on Friday, as one of the main drivers of the recent strengthening - the correction in the US equities, gained momentum. Recall that the US equity market returns have...

AUDCNH Sinks As Aussie/China Tensions Flare Up
AUDCNH Sinks As Aussie/China Tensions Flare Up

China Takes Aim At Australian Budget Tensions between China and Australia have deteriorated yet again this week with China threatening to apply more economic sanctions against Australia over the...

FOMO Friday: GBPNZD Breakout Trade
FOMO Friday: GBPNZD Breakout Trade

GBPNZD Sees Lift-Off Another week draws to a close and It’s been a pretty interesting week across the markets. We’ve seen big moves in equities, some key shifts in FX and whether you are a fan or not,...

High Inflation & Dovish Fed Could be a Toxic Mix for USD
High Inflation & Dovish Fed Could be a Toxic Mix for USD

The strong USD due to worries about US inflation surge and subsequent sell-off in equity markets is likely to be short-lived. The Fed’s “lower-for-longer” policy stance combined with rising inflation...

Nikkei Tanks Despite Kuroda's ETF Comments
Nikkei Tanks Despite Kuroda's ETF Comments

Nikkei CrashesThe Nikkei has come under heavy selling pressure this week with the market collapsing almost 9% as of writing. The sell-off has been exacerbated by the latest round of US inflation data...

The Crude Chronicles - Episode 89
The Crude Chronicles - Episode 89

Crude Traders Add to Longs The latest CFTC COT institutional positioning report shows that oil traders increased their net long positions in crude last week by a further 10,302 contracts, taking the...

The Risk of Commodity Markets Correction Create Buying Opportunity in USDCAD
The Risk of Commodity Markets Correction Create Buying Opportunity in USDCAD

On Wednesday we see first signs of easing bearish grip on equities after the two-day violent selling. European markets are trading in positive area, US equity futures show some signs of distress ahead...

Biden & McConnell To Meet Over President's Infrastructure Proposal
Biden & McConnell To Meet Over President's Infrastructure Proposal

Biden To McConnellSenate minority leader Mitch McConnell will meet later today with President Biden and chief congressional leaders Kevin McCarthy, Chuck Schumer and Nancy Pelosi to discuss the...

GBP Rallies On Strong Data
GBP Rallies On Strong Data

GDP Better Than ExpectedThe latest round of UK data this morning has helped add to the bullish sentiment taking hold in the British Pound. Q1 GDP was the main release today, expected to come in at...