Reflation gives support to USD ahead of Friday’s jobs data, EURUSD slips below 1.20 and nears a death-cross formation, GBPUSD steady below 1.40 before the BoE decision. Will the BoE dare bringing the taper talk on the table?
Feb 2023
Bard’s gaffe costs Google more than $100bn!
US equities fell yesterday on the back of two important factors: hawkish comments from the Federal Reserve (Fed) members, and the unexpected surge in the American used car prices. The S&P500 fell more than 1%, while Nasdaq slid around 1.80%.
Inside Nasdaq, Google had a particular ... Show More
10m 46s
Feb 2023
Dollar stays strong, pound plummets as UK inflation eases
Send us Fan MailUS retail sales rebound strongly, adding to soft landing hopes. Dollar climbs higher as investors maintain Fed hike bets. Pound falls as slowing inflation alleviates pressure on BoE. Equities gain, but gold extends decline.Risk Warning: 78.17% of retail investor a ... Show More
5m 10s
Apr 2025
US dollar’s fate tied to incoming US data
Send us Fan MailRisk appetite improves, focus shifts to today’s US data. Strong data prints to keep next week’s Fed dovishness in check. Trump to speak at various events, keeping market participants on their toes. Gold and bitcoin range-trade, oil falls below $60.Risk Warning: Ou ... Show More
4m 33s
Jan 2023
US data disappoints, yen stages comeback
Send us Fan MailUS data revive recession fears, add to pivot view. Yen recovers post-BoJ losses, stays in uptrend. Euro awaits ECB minutes and Lagarde’s speech. S&P 500 comes under pressure after testing key downtrend line.Risk Warning: 78.17% of retail investor accounts lose mon ... Show More
5m 8s
Jun 2023
Yen hits the FX intervention ‘danger zone’
Send us Fan MailDollar gains ground on solid GDP data, awaits more releases today. Yenreceives more intervention threats - are markets sleeping on a BoJ shift?Eurozone inflation data coming up, gold drifts, stocks keep winning.Risk Warning: Our services involve a significant risk ... Show More
4m 18s
Jun 2023
Dollar slips, stocks soar ahead of US inflation report
Send us Fan MailAll eyes on US inflation data today, could influence Fed decision. Dollar slips, sterling jumps after jobs data, stocks power higher. China cuts interest rates, crash in oil prices warns of soft demand.Risk Warning: Our services involve a significant risk and can ... Show More
4m 21s
Jun 2023
Stocks slip, dollar steadies as rate hikes, a rate cut and Powell awaited
Send us Fan MailEquities start week on the backfoot amid uncertainties; can Powell changethe mood? China steps up effort to boost economy but Asian stocksunimpressed. Pound shines ahead of BoE decision, SNB coming up too,dollar crawls off lows.Risk Warning: Our services involve a ... Show More
4m 31s