• Daily Commodity Currencies: 18 January, Monday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis:     USDCAD Technical Analysis:     Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other […]

  • “Phase One” Trade Deal Puts EU Economic Rebound at Risk

    The European Union will file a lawsuit with the World Trade Organization (WTO) against the “Phase One” trade agreement between the United States and China in the event that consequences of the deal will negatively affect European companies, EU representative in China Nicolas Chapuis told reporters in Beijing on Friday.

  • The Friday Forex Takeaway – Episode 17

    Key Points From This Week US-Sino Trade Deal Signed The Phase one trade deal (which was originally announced in October 2019) was finally signed this week. US & Chinese leaders signed the deal in Washington on Wednesday, which broadly encompasses China committing to $200 billion of US purchases over the next two years in exchange […]

  • Chart of the Day CHFJPY

    Chart of the Day CHFJPY Potential correction CHFJPY The SNB remains uncomfortable with CHF appreciation and continues to remind the market it will need to be careful about any attempts at trying to force an appreciation in the currency. But the SNB will also need to be careful right now, as its strategy to weaken […]

  • Daily Market Outlook, January 17, 2020 

    Daily Market Outlook, January 17, 2020  Main Market Themes China’s economy stabilised in Q4, according to GDP figures released overnight. YOY growth was steady at 6.0%, following deceleration in the prior two quarters. Full‑year growth for 2019 was 6.1%, within the government’s target range of 6.0-6.5%. The December figures for Chinese industrial production, retail sales […]

  • What to Expect from the Euro after the Release of EU CPI Today?

    December US retail sales report released on Thursday showed that the shopping season paid off and there were no signs of consumer spending weakness at the end of last year.

  • Daily Commodity Currencies: 17 January, Friday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis:       USDCAD Technical Analysis:     Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or […]

  • Little Surprise in China’s “forced imports” Plan

    So, the “Phase One” trade agreement was signed on Wednesday and markets got some concrete figures to digest.

  • The Crude Chronicles – Episode 21

    WTI Under Pressure The CFTC COT positioning report showed that net length in US WTI positions rose by 12,415 contracts to 567,272 contracts in the week ending January 7th. The rise in WTI upside exposure came amidst a backdrop of heightened tensions between the US and Iran which many feared would boil over into a […]

  • Daily Market Outlook, January 16, 2020 

    Daily Market Outlook, January 16, 2020  Main Market Themes Market edged up slightly overnight supported by trade optimism as the United States and China finally signed the so-called Phase One trade deal that involves a Chinese pledge to purchase at least an additional $200b US farm goods and other goods and services over two years. […]

  • USDRUB in Bearish Mood

    Today we review the potential future of Russian ruble, British pound and discuss the cross-rate of currency pair EUR/GBP.

  • Daily Commodity Currencies: 16 January, Thursday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis:       USDCAD Technical Analysis:     Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or […]

  • Trade Truce or Temporary Ceasefire?

    As the date of signing the US-Sino agreement loomed, the situation grew slowly with new details which can’t be characterized as positive for the markets.

  • US & UK Inflation Weaker Than Expected

    US Inflation Rises Over 2019, Weaker Over December The US was treated to a rather mixed inflation report yesterday. The CPI figures for December came in with headline inflation rising 0.2% month on month. This reading was in line with expectations though marked a decline from the prior month’s 0.3% reading. Meanwhile, the core inflation […]

  • Chart of the Day USD Index

    Chart of the Day USD Index Bearish USD Index – Global risk sentiment consolidated on Tuesday ahead of the signing of the phase one trade deal today. US markets were at first riding high due to positive Q4 earning results from major banks on the back of FICC trading performance. The party was disrupted halfway, […]