Forex

Risks for the euro accrue ahead of inflation print and the ECB’s anticipated 25 bps hike. Further complications arise via Russian gas flows and Italian politics

The US dollar opened the week on the backfoot leaving Sterling with room to push higher ahead of a clutch of high-importance UK data releases.

Brent crude oil prices have pushed higher as supply concerns take center stage after U.S. President Joe Biden unsuccessfully left the Middle East without a deal.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bullish contrarian trading bias.

The British Pound found higher altitude today as favourable risk appetite set the tone across markets. Equities and commodities joined the party. Will GBP/USD rally further?

While the US Dollar remains higher against ASEAN currencies such as the Thai Baht and Philippine Peso, some resilience from the Singapore Dollar and Indonesian Rupiah is showing. Where to…

The Japanese Yen is weakening against the US Dollar but is finding some footing against the Euro. Will the uptrend in USD/JPY drag EUR/JPY higher?

AUD/USD is trading near Falling Wedge resistance, putting a possible breakout on the cards. Meanwhile, traders are digesting fresh inflation data out of New Zealand as APAC kicks off the…

The US Dollar surged last week as recession fears around inflation permeated market sentiment. The week ahead is filled with economic data and policy decisions from the BoJ and ECB.

Russian Gas Flows, ECB Anti-Fragmentation Tool and Italian Politics Take Focus