USD/JPY is on my radar as a breakout candidate after several years of narrowing price action. The price action in Q1 was some of the best we’ve seen in some…
After an impressive start to 2021, the oil forecast for the second quarter of the year is lacking an overly optimistic tone given a weaker picture for demand and stronger…
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bullish contrarian trading bias.
The Euro’s recent rebound against the US Dollar may prove short-lived, despite a relatively bullish technical outlook, if upcoming inflation and retail sales figures intensify Federal Reserve taper...
Crude oil prices traded flat after falling over 3% last week even as Fed Chair Jerome Powell painted a rosy picture of US recovery. Uneven vaccine progress around the globe…
Gold prices edged lower as stronger-than-expected Chinese and US PPI readings boosted longer-dated Treasury yields. However, a “Double Bottom” chart pattern points to upside potential.
The US Dollar was flat against SGD, THB, IDR and PHP as falling Treasury yields offset potential gains from Emerging Market Stock declines. Ahead, all eyes are on Chinese GDP,…