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 […]

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 […]