What Happened on Thursday > Top 3? Gold screams higher to $1,287 amid escalating North Korean tensions USDJPY sees massive offers as Yen safe-haven flow, as well as soft USD data RBNZ Talks down the Kiwi dollar Outlook Markets are on a risk knife edge as North Korean… read more
Daily
The following is a summary of the previous day’s foreign exchange market movements in the major currencies and the commodities markets. It is meant as an informative guide to the reasons underlying currency and commodity movements seen in the previous day’s foreign exchange trading. Together with a market snapshot at close of the New York session, indicators/events released during the session are outlined compared with their expected level of influence before release. This fundamental analysis summary also highlights upcoming data/events which may influence currency movements upon their release.
You will also find a technical analysis snapshot at time of release, highlighting support and resistances of each of the major currencies and gold. Coupled together with the reasons behind these important levels, traders can expect some support or resistance when these levels are reached.
Market Update
August 9, 2017What Happened on Tuesday > Top 3? North Korean/US Tensions heightened the Risk-Off theme US Job Openings data very solid, lifting USD Tuesday saw quiet trading ranges until Geopolitics took centre stage Outlook China CPI & Risk off theme dragging AUDUSD lower Crude Oil Inventories data tonight Markets looking ahead… read more
Trader Talk Tuesday
August 8, 2017What Happened on Tuesday > Top 3? Very quiet trading ranges for most major FX Pairs FOMC Voting member talks down the USD slightly NZD, AUD & CAD all lower against the Greenback Outlook AUD Business Confidence number from NAB today China Trade Balance today Markets… read more
Trader Talk
August 7, 2017What Happened on Friday > Top 3? USD made a comeback on positive Jobs data Oil back up to $50 and Gold tumbles after USD Bid higher December US rate hike still 45% after solid NFP data Outlook Kiwi Inflation data in the Asian session today… read more
Trader Talk Friday
August 4, 2017What Happened on Thursday > Top 3? USD dragged lower again after ISM Manufacturing data miss Bank Of England holds rates & talks down the Pound Weakness in USD very evident across the board Outlook Aussie RBA Statement & Retails Sales to fuel profit taking or 0.8000. Canadian Jobs… read more
Trader Talk
August 3, 2017What Happened on Wednesday > Top 3? USD dragged lower after interim US jobs data miss Mixed Fed Speaker Commentary hurts the USD also Euro screams to 1.1900 taking out Dec 2014 highs Outlook Aussie Trade Balance – Key for AUD Slide or Uptrend to… read more
Midweek Trader Talk
August 2, 2017What Happened on Tuesday > Top 3? USD mixed after ISM Manufacturing data GBP Solid after Manufacturing data, Euro & AUD slide lower Kiwi Jobs & Dairy numbers a big miss, slamming NZD Outlook Construction PMI data for GBP Oil Inventories will be interesting Interim (ADP) Non-Farm Jobs… read more
Trader Talk RBA Tuesday
August 1, 2017What Happened on Monday > Top 3? Trump fires his (new) Communications Director, spins USD lower EURO & GBP Slam higher as divergence trade in full swing Versus USD Eurozone data helps spur EURUSD through a 2 ½ year high at 1.1830 Outlook RBA Rate… read more
Trading Week Ahead
July 31, 2017What Happened on Friday > Top 3? US GDP Data spins USD lower North Korea tests another Intercontinental missile Gold trades higher as safe-haven flow accelerates Outlook RBA Rate announcement tomorrow Bank Of England rate announcement on Thursday Non-farm Payrolls Friday will be very pivotal to Rate… read more
Trader Talk Friday
July 28, 2017What Happened on Thursday > Top 3? USD reversals the key theme to end Thursday Markets rethink the dovish Fed, or profit taking Oil gains for the 4th straight day Outlook US GDP data tonight Markets mixed, consolidation likely to close off this week USDCAD… read more
