Market Weekly Outlook (April 26-30) – BoJ, Fed and US GDP in sight

The dollar index closed the last week below 91 to complete three consecutive weeks of losses. The S&P 500, on the other hand, recovered swiftly. Earnings reports, FOMC and US GDP reports are expected to steal the spotlight this week. Market Wrap The Dollar The dollar opened this week bearish after last week’s low confirmed […]

The week ahead as Vaccine progress boosts Investors’ confidence

The US dollar index is close to making a fresh February low as investors eye riskier instruments. Light macros and holidays in the US and China might reduce the momentum early in the week. Therefore, risk sentiment will remain the core market drivers. The dollar remains pressured close to 90.3 and might break below 90.25 […]

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 […]

This week in the Forex market – what traders should watch out for

Last week was another volatile one in the financial market. The dollar plummeted across all the major pairs as the stock markets recovered from slumps it had earlier in the week to close bullish. What’s to look out for this week in the forex market? Commodities ended the week bearish with Gold and WTI down […]

The Week Ahead in the Forex Market – what traders need to know

Pessimism dominated the market this week as stock prices fell. US Wallstreet has dropped by 3% before the London session opened on Friday. However, the lower risk appetite has driven the dollar to significant bounce across the board this week. The greenback is up 0.8%. However, rallies seem to have stalled by the negative unemployment […]