The Week Ahead – Will the Dollar fight back in the FOMC week?

It’s the fourth trading week of the year and it seems the gap between the positive and negative market sentiments is widening. Last week was mixed, with the first half showing signs of growing optimism until the latter half choked the market to shed some of these wins. The bull-bear battle is getting more intense […]

January 22 market update – session wrap and sentiment analysis

Risk appetite slows down in the last days of the week as markets rethink the impact of the stimulus. Central banks maintain the status quo in their monetary policy meetings with hawkish tones. What are the core points of the week and risk drivers going forward? Market Wrap FX After plummeting across all the sessions […]

January 20 Update: Markets take cautious approach ahead of Biden, BoC and BoJ

Ahead of the Presidential inauguration in the US, the general market mood remains upbeat. Investors and traders look forward to more hawkish statements from Biden to accelerate the upside moves. The market maintains a positive outlook albeit slowly and cautiously as it looks for more clues from the about-to-be-official President Biden. After shedding some profit […]

Market Update: Risk appetite is back overnight as dollar falls under pressure

Safe-haven instruments are pressured overnight and have extended that into the London session as risk appetite returned.  On Monday, the market was quiet following the closure of banks in the US to observe the MLK day. Last week, the market turned down risks and thus supported rallies for safe-havens like the Dollar, Yen and Swissy […]

Daily market highlight & risk drivers – January 18 Pre-New York Session

The greenback maintains firmness at the start of the New York session on Monday. Last week risk-off sentiment gets extended as the buck continues to lead its peers. Stock market struggles as dollar soars on risk-off The dollar index is flying toward 91. Although banks are on holiday in the US to observe Martin Luther […]

The Week ahead in the market – end of correction or deeper dip?

Safe-havens gained last week as the market priced in President-elect Biden’s fresh fiscal package ahead of the January 20 inauguration. This week is set to be buzzed with many high-impact events from geopolitical to economic. Will risk-off prevail again or the markets will be back on top? Minor corrective dips were seen across the riskier […]

January 15 Market Update – Powell and Biden spark a risk-off Friday

Equities fell during the Asian session on Friday while the dollar recovers a significant fraction of the post-Fed Thursday decline. Commodity FX are the biggest losers overnight in the Forex market. President-elect Biden unveiled his $1.9 trillion stimulus plan which includes $2,000 stimulus payments. The market will look forward to the US retail sales data […]

Will Risk-on persist? What next for Wallstreet & Riskier FX?

Market risk tone this week has maintained positivity ahead of President Biden’s fiscal policy revelation. It seems stocks will climb higher thus dragging risk-on FX like AUD, NZD and CAD along with them. Is risk drifting away from Trump toward Biden? There is a feeling among traders that the market is fast pricing-in more risk […]

Weekly Market Outlook – USD adds to gain, Crypto shed profits

The new week started with profit shedding as the general market mood fell. The stock markets are shedding profit, thus, dragging riskier FX along. Metals are on the bounce while the oil market started the week on the downside. The dollar ended last week bullish despite a poor December US job data. Bitcoin with other […]

Daily Forecast- Technical Analysis of Major FX Pairs Ahead of NFP

The dollar resumed gains on Friday against other major currencies ahead of the first NFP data of the year. Let’s look at what the charts are printing ahead of the important event. Spotlight will be on the US’s first employment data of the year on Friday. Meanwhile, the dollar has been active early in the […]