The Week Ahead (September 13-17) – Inflation, NZD GDP and Aussie Jobs eyed

It’s a new trading week with no shortage of high-impact economic events. The market will look forward to inflation reports in the US, Canada and Britain. Retail sales in the US, employment reports in Australia and RBA Governor’s speech will be eyed too. Also, the overall risk sentiment will be watched. There was a big […]

End of week analysis: Risk-off eases as the dollar plummets sharply

The week-long risk-off sentiment is easing on Friday as high-beta instruments cut down some of the week’s losses. The dollar is back on the backfoot as the index broke below 92.5. Equities rally today. S&P 500 is up 21 points after coming very close to retesting 4486. While there are indications that the stock index […]

European Session Outlook – Risk-on sentiment retreats ahead of ECB

Ahead of the ECB later today, the risk-on sentiment is retreating this week albeit in a corrective manner. Thus, the return to risk-on might happen before the end of the week.  S&P 500 is down by 40 points but currently rejecting further push below 4500. In the bond market, the US 10-Yr is retreating today […]

Mid-Week Forecast – dollar stays firm despite risk-on sentiment

The dollar index edged higher on Tuesday and remains steady to push for a significant recovery ahead of job data on Wednesday and Friday. Aussie growth slower but beat estimates. Meanwhile, oil traders will weigh in on the OPEC+ decision today. What are the major risk drivers traders should watch out for? A mixed sentiment […]

Market Analysis: Dollar plummets further on risk on as Gold stays firm above 1800

The risk-on sentiment resumed overnight on Tuesday as the dollar index plummeted to 92.5. Equities take advantage of the investor’s renewed risk appetite to shoot higher. No major economic event on the calendar on Tuesday. Will the status quo remain? The market is largely expected to favor risk assets in the first half of this […]

The Week Ahead – Powell pressures the dollar ahead of NFP

The dollar was pressured on Friday as Fed Chair Powell delivered dovish tapering statements. The Jackson Hole symposium thus supported last week’s risk-on sentiment and is expected to continue this week. However, traders should watch for the OPEC+ meeting mid-week and Friday’s US employment reports.  The dollar index rejected further push above 93, finding resistance […]

Mid-week Forecast – Dollar pare losses to attempt bullish retracement

The dollar cut back losses during Wednesday’s Asian session as the index retraced to 93. Ahead of the London open, the Sterling and Yen joined the greenback on the gainers list while Swissy falls further as CAD and Aussie retreat slightly. What’s coming ahead? There is little to talk about on the economic calendar on […]

The Week Ahead – Jackson Hole steal the spotlight amid Covid fourth wave

The market relaxes on the vast risk aversion that dominated the last week ahead of Friday’s Jackson Hole’s symposium. What are the major events and risk drivers as we head into a new week? It’s been a better market mood as a fresh week begins with a higher risk appetite in the Asian session. Investors […]

US CPI Preview – how inflation report could drive the Dollar and EURUSD

The dollar stays firm ahead of the US inflation reports coming later today. The index is close to breaking toward its highest level in over four months. However, the rally is squeezing around a key resistance level.  The dollar continues to dominate its peers, gaining the edge from the recent tapering comments from Fed members. […]