Mid-Week Market Overview and Forecast – BoC, ECB and US Inflation Eyed

The US treasury yield is downbeat in the second week of June as the price pushed below 1.55% and now close to touching 1.5%. Wallstreet indices remain firm while the dollar’s minor bounce couldn’t be sustained. The market awaits the BoC later today to inject some momentum. The equities market is rolling out profits again […]

NFP Preview and Forecast – How US Jobs could influence Major FX

The US Bureau of Labour Statistics will release the May job reports later today. Meanwhile, the dollar has been in a bright mood after some encouraging data on Thursday prior to today’s event.  Employment reports in Canada are expected at the same time. So, it’s expected to be another volatile day in the Forex market. […]

Mid-Week Market Report – Dollar Staging Recovery as Gold pressures

After a sluggish start to the week due to Monday’s bank holidays in the US and UK, the markets are back with support for safe-haven instruments. Equities are pressured on Tuesday and early on Wednesday while the dollar escapes the bear’s net although temporarily so far.  Markets’ moves in recent days remain indecisive as positive […]

The Week Ahead (May 31-June 4)- Important Market Themes to watch out for

The market ended last week with support for many of the major FX as domestic data improved in response to the surge in economic activities. This week will be loaded with high-impact data including bank statements and the US NFP on Friday. What are the things you need to know? Last Week Recap Policymakers continue […]

End of week market updates – currencies supported by banks’ tapering headlines

Most of the major currencies have been on the rise this week as the general economic indicators support growth which could push central banks to tighten their very loose policies. The dollar index remains firm above 90 while the Loonie, Sterling and Kiwi are close to closing the week upbeat. Equities In the equities market, […]

The Week Ahead: Dollar jumped as Cryptos bled over the weekend

The new trading week started with the dollar retracing little of Friday’s jump. This coming together with fast recovering equities highlighted the mixed-mood of the market. Meanwhile, Bitcoin and the entire crypto market are yet to stage significant rebounds as investors’ confidence weakens. Last Week Recap The last FOMC minutes and Friday’s better-than-expected PMI resurrected […]

The Week Ahead (17-22 May)- Fed, RBA, Inflation and Virus

The markets had a mixed mood last week. The dollar is back close to where it started at the turn of the year as the first quarter gains fizzle out. There is still more to expect before the end of May as inflation concerns support yield growths. Last week recap FX The greenback is set […]

NFP Day: What does the job data mean for the dollar?

Risk appetite is higher in the second half of the week. The equities markets continue the recoveries from the recent slump as the dollar fails to impress ahead of the US job reports.  Market Wrap Dollar and Equities Safe havens are subdued again with the dollar leading the pack. The greenback is set to close […]

Dollar recovers from the FOMC slump as Sterling and Euro falter

On Friday, the dollar is staging a fast recovery from the FOMC slump. The broad USD strength forced Sterling and Euro downside as the week draws to an end. Meanwhile, the happens despite the loss of momentum on the treasury yield. On Thursday, the FOMC came all dovish and the dollar slumped as a result. […]