Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bearish contrarian trading bias.
The UK government announced measures to lessen the burden of soaring inflation which is to be financed via increased taxes for wealthier individuals and energy companies
The final Euro Area inflation release showed headline price pressures in double-figures, albeit a fraction lower than originally forecast. EUR/USD’s battle with the 200-day moving average continues.
Spot gold’s recent rally appears to have run out of steam as markets shift between risk-on and risk-off sentiment. A test of $1800 remains a possibility.
The sharp 20% gains since October suggest that the medium-term bullish fortunes of the German DAX Index haven’t changed much despite this year’s losses. What is the outlook and the…
The Singapore Dollar’s sharp rise against the US Dollar over the past few weeks is a strong signal that the worst could well be over for the Asian currency. How…
The Nasdaq 100 slipped overnight after solid retail sales data that saw long-end Treasury yields move lower again to invert the curve. What is that saying about NDX?