Category: Market Outlook
Stocks Shaky, Rates Up After Yellen’s ‘Endemic’ Comment
S&P 500, Nasdaq Talking Points:Perhaps lost in the shuffle of Powell’s nomination atop the Fed yesterday was a comment from the head of the US [...]
NZD/USD May Rise on Upbeat Card Spending Data, Broader Sentiment
New Zealand Dollar, NZD/USD, Travel, Covid, Electronic Card Spending - Talking PointsNew Zealand Dollar may rise if upbeat market sentiment contin [...]
Tesla Bounces After Gap, AMD Strikes a Meta Deal; S&P 500 Resistance
Talking Points:Mania-like moves continued to show in the US equities market with TSLA jumping after a large gap-down to start the week. AMD caught [...]
British Pound Price Action Setups: GBP/USD, GBP/JPY, EUR/GBP
British Pound Talking Points:The BoE surprised this morning by not hiking rates as markets were looking for a 15 basis point move. This has led to [...]
Crude Oil Tanks Ahead of OPEC+ and Against Upbeat Tone Post FOMC. Can WTI Get a Grip?
Crude Oil, OEPC+, Fed, FOMC, Bank of England - Talking PointsCrude oil prices slid as the WTI contract traded under US$80 a barrelPost-FOMC enviro [...]
Gold Price Forecast: Gold Bears Push Break Ahead of the Fed
Gold Price Forecast:The bigger picture bullish trend appears to remain on hold, and Gold markets are brewing with some bearish potential as shown [...]
Ahead of the Fed, the Gold Coil Continues
Gold Talking Points:Gold prices have pulled back from last week’s breakout. The bigger picture trend remains on hold in Gold as the bull flag is u [...]
Australian Dollar Skips Up on Soft US Dollar and Positive Risk. Will it Go Higher?
Australian Dollar, AUD/USD, US Dollar, China, Yellen - Talking PointsThe Australian Dollar benefitted from a ‘risk on’ environmentAPAC equities we [...]
Japanese Yen Leaps Higher as Nikkei Falls and China Looks for Energy Answers. Will the Trend Resume?
Japanese Yen, USD/JPY, Crude Oil, OPEC+, US Yields, Bitcoin, China - Talking PointsCrude oil prices maintain lofty levels as new supply is unlikel [...]
Canadian Dollar Price Forecast: USD/CAD, CAD/JPY
Canadian Dollar, CAD, USD/CAD, CAD/JPY Talking Points:The oil-CAD relationship has been on display over the past month as both markets have been b [...]
Japanese Yen Jitters as US Treasury Yields Move Higher Amid Commodity Woes. More Yen Weakness Ahead?
Japanese Yen, US Dollar, USD/JPY, Coal, China, Energy - Talking PointsThe Japanese Yen continued lower with little resistance for now China contin [...]
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
US Dollar, EUR/USD, GBP/USD, USD/JPY, USD/CAD Talking Points:It’s been a digestion type of week for the US Dollar and while the currency did techn [...]
Euro Leaps as US Dollar Held Down by Treasury Yields. Where to for EUR/USD From Here?
EURO, EUR/USD, US Dollar, JAPAN, CHINA, AUD/USD - Talking PointsEUR/USD went higher on the back of falling US yields dragging down USDJapan set to [...]
USD/CNH at Key Technical Level After US Dollar Drops
Chinese Yuan, USD/CNH, Australia Jobs Report, Chinese Inflation – Talking PointsUS Dollar drops, Yuan rises despite a better-than-expected US CPI [...]
Norwegian Krone Jumps as US Dollar Weakens Ahead of US CPI. Will EUR/NOK Break Lower?
Norwegian Krone, EUR/NOK, Crude Oil, US Dollar, AUD/USD, China - Talking PointsThe Norwegian Krone was the best of the commodity currencies todayA [...]