• The Friday Forex Takeaway – Episode 46

    Key Points From This Week Metals Hit Fresh Highs Gold prices broke out to fresh all-time highs this week as the US Dollar continues to sell off and broader risk factors develop. The sell-off in the US Dollar continued despite better data this week with the ISM manufacturing and non-manufacturing readings both beating expectations. However, […]

  • Top Trump Moments This Week

    As the US presidential elections draw ever nearer, it seems that pressure on Donald Trump is causing him to move deeper into the shock-and-awe tactics which made him so attention worthy during the course of his first election campaign. Over a presidency marred with controversy and scandal it seems that Trump has lost little of […]

  • Live Market & Trade Analysis Session

    Live Market & Trade Analysis Session In this weeks live market analysis session, we reviewed the seasonal and flow dynamics driving Gold & the DXY, I also highlight setups in the S&P500, NZDUSD, US Dollar Index, EURUSD, AUDUSD, GBPUSD  you can watch the full recording here Be sure to join me every Thursday at 1pm […]

  • Daily Market Outlook, August 7, 2020 

    Daily Market Outlook, August 7, 2020  Asian equity market is down this morning led by a decline of more than 2% in China’s indices. Reports attribute the weakness to President Trump’s signing of executive orders targeting TikTok and WeChat. This would mean that US residents must stop doing business with the Chinese companies within 45 […]

  • Daily Market Outlook, August 6, 2020 

    Daily Market Outlook, August 6, 2020  Asian equity market is mixed this morning with China and Japan down despite gains yesterday in Europe and the US. Chinese stocks may have been hurt by US Secretary of State’s announcement of a plan to ‘clean the network’. It is thought that may include removing “untrusted” Chinese apps […]

  • Chart of the Day EURUSD

    Chart of the Day EURUSD EURUSD Potential Reversal Zone – Probable Price Path EUR: Eurozone producer prices rebounded in June: Producer prices index recovered by 0.7% MOM in June, from the 0.6% decline in May . This was mainly driven by the rebound in energy prices as prices of other goods mostly recorded only slight […]

  • Daily Market Outlook, August 5, 2020

    Daily Market Outlook, August 5, 2020  Negotiations on a new US virus relief package have continued over the last couple of days though, as yet, are said to have only yielded ‘a little bit of progress’. Negotiators have committed to reaching an agreement by the end of the week, with the House and Senate expected […]

  • RBA Keeps Rates Unchanged In August

    Rates Unchanged At its August monetary policy meeting held overnight, the RBA kept interest rates on hold at record lows of 0.25%. The unchanged announcement was broadly expected though risks of a further rate cut were heightened after governor Lowe suggested last month that rates could be cut to as low as 0.10%. Downturn Not […]

  • The IndeX Files 04-08-2020

    Equities Markets Remain Well Supported Despite Second Wave Fears Global equities benchmarks remain mostly well supported this week. While upside momentum has certainly slowed over the last week, the residual weakness in the US Dollar is helping keep equities bid at current levels. In terms of downside risk factors, the main threat currently is linked […]

  • Daily Market Outlook, August 4, 2020

    Daily Market Outlook, August 4, 2020  Market risk appetite increased in Asia helped by new record highs in the technology-focused US Nasdaq Composite index. Yesterday saw the US July ISM manufacturing rise again to 54.2, while the final reading for the Eurozone manufacturing PMI was also unexpectedly revised higher. Investors also took solace from reports […]

  • Chart of the Day EURUSD

    Chart of the Day EURUSD EURUSD Potential Reversal Zone – Probable Price Path EUR: Eurozone economy saw largest contraction on record; core inflation improved:  Advance report showed that Eurozone real GDP contracted by a whopping 12.1% QOQ in the second quarter of 2020 (1Q: -3.6%), its largest decline on record as member states across the […]

  • The Investment Bank Outlook 03-08-2020

    Citi The USD was strongly bid early on in the Asia session, seeing USDJPY trade as high as 106.43 before retracing to now trade flat on the day at 105.81. It was a similar story in EURUSD, with the pair trading as low as 1.1740 before making it back to 1.1780 at the time of writing. Some […]

  • Precious Metals Monday 03-08-2020

    Gold The gold market has seen a continued expansion over recent days with prices now trading well above the prior all time highs. The consistent downside seen in the US Dollar has created a strong demand for gold which has also been helped by the increasing fears of a second wave of the COVID-19 virus. […]

  • Daily Market Outlook, August 3, 2020

    Daily Market Outlook, August 3, 2020  US equity market ended last week on a strong note, bolstered by impressive earnings reports from some of the big tech firms. The USD recovered on Friday, but still recorded its biggest monthly fall since January 2018. There is still no sign of a breakthrough in negotiations over an […]

  • US GDP Falls Most Since WW2 Over Q2

    GDP Sees Rceord Fall in Q2 The US Q2 GDP reading, released yesterday, confirmed the worst period of economic activity since the second world war with the economy contracting by 32.9% from April to June. To put the contraction in perspective, the US economy shrank by just 8.4% during the height of the last recession […]