How to Trade the Euro, NOK and SEK Using the Core-Perimeter Model
A macro forex trading guide exploring how to trade the Euro vs the Swedish Krona and Norwegian Krone through the prism of the Core-Perimeter model
Gold Prices Rise as Trump Signs Stimulus Package, USD Weakens
Gold prices jumped on Monday as President Trump signed a long-waited US stimulus package and government spending bill. The US Dollar fell while risk assets enjoyed a relief rally.
AUD/USD, Iron Ore and Copper Prices May Rise on Chinese Industrial Profits
Chinese industrial firms posted a seventh consecutive month of profit growth this week which may support copper and iron ore prices into the new year. AUD/USD rose above trendline support,…
S&P 500, Hang Seng Weekly Open: Alibaba Probe Weighs on Sentiment
Stock markets are set to open mildly higher on stimulus and vaccine hopes in Asia-Pacific trade. Chinese tech stocks tumbled after Beijing initiated an antitrust probe into Alibaba, weighing on…
Copper 1Q Forecast: May Rise Further as Post-Covid Economic Outlook Clears
Copper may continue to rise into fresh multi-year highs as fundamental drivers appear set to strengthen in 2021.
CNH 1Q Forecast: Vaccines and Biden’s Presidency May Threaten Yuan’s “One Way” Trajectory
A potential rebound in the US Dollar as a result of stronger fundamentals and inflation overshoot may lead to a reversal of EM currencies’ bullish trend. More importantly, a possible…
MXN 1Q Forecast: Mexican Peso Outlook – USD/MXN Bearish in 2021 as Recovery Persists
The Mexican Peso looks positioned for a prolonged advance against the US Dollar in 2021. This could present bearish USD/MXN trading opportunities with the Mexican Peso possessing potential to exten...
JPY 1Q Forecast: 2021 Could be the Year JPY Wakes Up
The place to be next year could be JPY, as the charts become increasingly “dead” and coiled up. USD/JPY and EUR/JPY are a couple of charts that hint at possibly…
AUD 1Q Forecasts: Key Market Trends to Watch for in 2021 FX Market – Long AUD/USD and AUD/JPY
The Australian Dollar may continue to outperform against its US counterpart as the continuation pattern gains traction ahead of 2021. The improvement in investor confidence has also spurred a recov...
AUD, NZD 1Q Forecasts: Commodity Currency Breakout in 2021? Cyclical Upturn Ahead for AUD & NZD
2021 could prove to be the start of a commodity-currency bull market, as long-term price analysis suggests a cyclical shift may be afoot for AUD, NZD against the haven-linked USD.