The week ahead – mixed risk tone starting a potentially volatile week

The week started very active with big bearish openings across risk assets. However, the Asian session is leading a cautiously positive recovery. Heading into the London session, safe havens are pressured after being supported by last week’s beating of the stock markets. S&P 500 is recovering over half of Friday’s dip – up by over […]

Markets ending on risk-aversion amid Senate hearing on GameStop

The dollar recovers the overnight losses as it continues to dominate its peers. The week is about to end on risk aversion as the stock market struggles after the biggest dump since October.  The rebound on wall street is quickly fading as the dollar regains the lead overnight. EURUSD is back at the 1.21 critical […]

FOMC Wednesday: How will the dollar react across the major FX?

The market continues to swing its mood almost on a daily basis this week. The dollar is reclaiming some ground on Wednesday a few hours before New York as participants await the FOMC.  Just as we expected at the start of the week, the sentiments driving the market prior to FOMC are not consistent enough […]

January 26 Markep Update: Dollar rebound on renewed risk aversion

The dollar extended gains across its FX peers on Monday as the EUR was hauled further to the downside. Disappointing Covid-19 report in Europe sparked risk aversion across asset classes.  January 25 recap ahead of London Risk aversion is dominating the markets early in the week. The dollar index is building on the 90 support […]

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 […]

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 […]