Central Bank Recap: Crucial Takeaways from the FED, BoE and ECB
Find out what major developments took place in a week consisting of three major central bank meetings and what it means for markets going forward
EURUSD Gains As Eurozone Data Show Modest Return To Growth
The Euro ticked higher on news that its home economy expanded at last in January, raising hopes that recession can be sidestepped
WTI Oil Update: Delicately Poised Ahead of NFP Release
WTI Oil has come in for a battering this week as fading optimism around China and a buildup in inventories weigh heavily on the commodity.
GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Jan 20, 2023 when GBP/JPY traded near 160.62.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/JPY-bearish contrarian trading bias.
Gold Price Forecast: XAU/USD on the Precipice
Spot gold pulled back sharply post-FOMC and now stands at a key inflection point ahead of NFP and ISM data that could send XAU/USD tumbling.
Natural Gas Technical Outlook: How Much More Downside?
Developments on technical charts suggest natural gas prices could fall further amid forecasts for warmer-than-normal weather through mid-February. To what extent can natural gas prices fall?
Crude Oil Price Under the Pump in the Face of Fed, ECB and BoE Hikes. Lower WTI?
Crude oil has steadied so far today after sliding lower throughout the week after multiple rate hikes in major economies that might be offset by China coming online. Will WTI…
US Dollar Rose as Upbeat Jobless Claims Enticed Traders Before Non-Farm Payrolls
The US Dollar rallied as upbeat jobless claims data underscored a data-watching Fed ahead of the highly anticipated non-farm payrolls print. Will DXY rally?
Dow Conspicuously Lags S&P 500 and Nasdaq, Dollar Rebounds Ahead of NFPs
Risk trends started to distort this past session. On the one hand, the Nasdaq 100 and S&P 500 charged higher with hopes of a robust earnings backdrop – though actual…
Nasdaq 100 Futures Drop After Apple Earnings Miss, Amazon and Google Mixed
The tech leaders had a remarkable day Thursday with impressive rallies from Apple, Amazon and Google – all breaking above their 200-day moving averages – into the close. That run…