Australian Dollar Talking Points AUD/USD climbs to a fresh monthly high (0.7094) following the slowdown in the US Consumer Price Index (CPI), with the exchange… Read More »AUD/USD Eyes 200-Day SMA After Clearing Opening Range for August
US STOCKS OUTLOOK: S&P 500 and Nasdaq 100 surged on Wednesday after a subdued performance earlier in the week Market sentiment was bolstered by lower-than-expected… Read More »Bullish Sentiment Sweeps Markets on Cooling Inflation
Bitcoin Talking Points Bitcoin bulls determined to clear 24,000 US CPI overshadows Coinbase losses Ethereum rises above $1,800 after gaining around 8% on the day… Read More »BTC/USD Outlook: US CPI Overshadows Coinbase
FTSE 100, Dow Jones Talking Points FTSE 100 – price action supported by positive earnings Dow Jones bounces off support – softer US CPI print… Read More »Softer US CPI Drives Stocks Higher
Gold Talking Points: It’s been quite the change in Gold over the past few weeks after a major zone of support came into play around… Read More »Gold Continues Support Bounce, Builds Rising Wedge
German inflation rises 0.9% MoM, yearly decline to 7.5%. Historic European drought threatens trade. Expectation beating US CPI boosts market sentiment. Bond Yields and Their… Read More »Index Bounces after US CPI Surprise
JULY INFLATION KEY POINTS: July U.S. inflation was unchanged month-over-month, well below consensus estimates calling for a 0.2% increase. Compared to one year ago, headline… Read More »US Inflation Eases to 8.5% as Gas Prices Slump, Fed’s Hawkish Outlook in Question
Musk sells $6.9 billion of Tesla to avoid Twitter fire sale. Tesla CEOsays hewould repurchase stock if the deal fails toclose. Musk’s antics sees investor… Read More »Musk Makes the First Move, Sells Tesla (TSLA) Stock Worth USD6.9 billion
Euro (EUR/USD, EUR/GBP) Analysis Ger inflation moderates but food prices rise higher in the euro zone EUR/USD and EUR/GBP technical analysis ahead of US CPI… Read More »German Food Prices Soar Despite Moderate HICP Print, EUR/USD & EUR/GBP
POUND STERLING TALKING POINTS U.S. inflation could beat estimates. Liz Truss and Rishi Sunak race heats up! Consolidatory GBP/USD price action awaits fundamental catalyst. GBP/USD… Read More »Pound Grapples With U.S. CPI, UK Politics and Potential Blackouts
Crude Oil, US Dollar, US CPI, WTI, Brent, China, Hang Seng, Fed – Talking Points Crude oil prices are stagnant, disregarding inventory data and supply… Read More »Crude Oil Price Anchored Ahead of US CPI Despite Disruptions. Will Data Drive WTI?
Gold, XAU, Real Yields, Fed, CPI, CFTC, Technical Outlook – TALKING POINTS Gold prices look poised to hold gains amid softer USD and real yields… Read More »Gold Prices May Run Higher but US CPI Poses Risks to Bullish Narrative
Australian Dollar, AUD/USD, China, CPI, PPI, FOMC, Fed, US Dollar – Talking Points The Australian Dollar drifted higher after Chinese CPI and PPI data AUD/USD… Read More »Australian Dollar Steady as China CPI Comes in Cool Ahead of US CPI. Will it Hit AUD/USD?
Chinese Yuan, USD/CNH, China Consumer Prices, Iron Ore, Technical Outlook – TALKING POINTS Asia-Pacific traders brace for volatility after stocks fall in New York China’s… Read More »USD/CNH Trades Around 20-Day SMA Ahead of China CPI, PPI
EUR/USD Rate Talking Points EUR/USD initiates a series of higher highs and lows as it attempts to retrace the bearish reaction to the US Non-Farm… Read More »August Opening Range Susceptible to Sticky US CPI
US STOCKS OUTLOOK: S&P 500 and Nasdaq 100 decline for the second day in a row on fragile market sentiment Traders appear to avoid taking… Read More »S&P 500, Nasdaq 100 Sag Ahead of Key US Inflation Data. Is the Rally Over?
– Reviewed by Daniel Dubrovsky, Apr. 12, 2021 In this article, we’ll explore CPI and forex trading, looking at what traders should know about the… Read More »How CPI Data Affects Currency Prices
Euro Caught in the Range as US Dollar Sidelined Ahead of CPI. Will EUR/USD Breakout? Euro continues to remain anchored to recent ranges while commodity… Read More »Euro Caught in the Range as US Dollar Sidelined Ahead of CPI. Will EUR/USD Breakout?
Crude Oil, Brent Oil, Iran, EIA, OPEC, Backwardation, Technical Outlook – TALKING POINTS WTI and Brent crude oil prices dip after a bright start to… Read More »Crude Oil Prices Fall as Market Backwardation Weakens Ahead of OPEC Report, EIA Data
Gold Price Talking Points The recent recovery in the price of gold appears to be stalling as it trades in a narrow range, and the… Read More »Gold Price to Track 50-Day SMA on Failure to Clear August Opening Range
Australian Dollar, AUD/USD, Westpac Consumer Confidence, Technical Outlook – TALKING POINTS Asia-Pacific markets face rocky start after a mixed session on Wall Street Australia’s Westpac… Read More »AUD/USD Buoyed by Rising Iron Ore Prices as Traders Eye Westpac Consumer Confidence
Japanese Yen Talking Points USD/JPY pulls back from a fresh monthly high (135.58) to largely track the recent weakness in US Treasury yields, and the… Read More »USD/JPY Rate Struggles to Hold Above 50-Day SMA Ahead of US CPI
US STOCKS OUTLOOK: S&P 500 and Nasdaq 100 finish the day modestly lower as tech stocks slide Nvidia’s revenue warning spook investors, prompting traders to… Read More »S&P 500 and Nasdaq 100 Glide Lower After Nvidia’s Revenue Warning Spooks Markets
FX Week Ahead Overview: The second week of August sees a much leaner economic calendar – there are less than ten ‘high’ rated data releases… Read More »FX Week Ahead – Top 5 Events: Mexico Inflation Rate; German Inflation Rate; US Inflation Rate; China New Yuan Loans; UK GDP
EUR/USD AND EUR/JPY FORECAST: EUR/USD remains stuck in a horizontal channel, but a breakout could be around the corner EUR/JPY probes key Fibonacci resistance Important… Read More »Euro Technical Analysis – EUR/USD Trapped in Tight Range, EUR/JPY at Key Resistance
Indices Talking Points: The S&P 500 is approximately 14.62% above the June low, with the Nasdaq 100 putting in a move of as much as… Read More »S&P 500, Nasdaq 100, Dow Jones: Grinding into Key Resistance
Robust Earnings Season and M&A DealsHaveBolstered Market Sentiment. Investors Fret About Risk of aMore Prolonged Inflation Fight and Fed Rate Hikes. Bond Yields and Their… Read More »DAX 40 Moves Higher as Investors Assess Robust Earnings and Fed Hikes
Ethereum, Merge Analysis and Talking Points Important Week For Merge Launch Is Merge Another Buy the Rumour, Sell the Fact? A Guide to Day Trading… Read More »The Most Important Week for Ethereum Merge Test
Gold Price (XAU/USD), Chart, and Analysis 10-year US Treasury yields nudge lower. The US inflation report is the next important economic release. Gold starts the… Read More »Gold Price Forecast – Double-Top May Hold Further Upside For Now
EU Sentix Investor Confidence Reveals Much of the Same Despite Improved Figure -25.2 vs -29.1 (Prior -26.4) The Sentix Investor Confidence Survey of about 2,800… Read More »EU Sentix Investor Confidence Rises but Outlook Remains Bleak
POUND STERLING TALKING POINTS UK Prime Minister race gains traction. GBP crosses focus on UK GDP late this week. GBP/USD FUNDAMENTAL BACKDROP This morning saw… Read More »UK Politics Buoy Pound in Early Trading
Crude Oil, US Dollar, Fed, Treasuries, Curve, Backwardation – Talking Points Crude oil prices appear to be under pressure from a strong USD Treasuries have… Read More »Crude Oil Price Steadies in Asia as US Dollar Holds Gains. Will WTI make Fresh Lows?