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US market rates fell after the Federal Reserve decision but this looks more like a market positioning effect than anything specific from the meeting. Expect some retracement. Both the European Central...
US Dollar: Action kicks off tomorrowThe dollar starts the week in very narrow ranges and not far from the lows of the year. This week will stress test the consensus view amongst investors that i) the...
Bulls got a strong entry bar following last Friday’s strong outside up bar. Bulls want an upside breakout above the January high; however, even if they get it, the odds favor sellers not far...
There are many reasons why precious metals have been on the rise lately Still, with rising bond yields and the potential for a dollar recovery, the risk of a correction is high I have my doubts as to...
Markets may have over-priced Federal Reserve pivot Charts point to ‘oversold’ conditions on USD/JPY around key levels Long-term trend positive due to still-growing policy divergence...
The European market is gearing up for a jumbo rate hike by the European Central Bank. The expectation is weighing on the STOXX 600 Index as investors expect the euro to strengthen following the rate...
China’s flip-flops over COVID lockdowns are an anathema for crude traders Beijing’s September oil import of 9.79 million bpd was down 2% yoy More weakness if WTI holds below $90 and last...
Gold is off to a good start to the week However, the metal's fundamentals remain unfavorable in the long term Technically, a test of the resistance area between $1660 to $1676 should be critical going...
Eurozone and German inflation hit double digits Stagflation and energy crisis pose great risk to EZ economy Fed continues hawkish rhetoric, keeping dollar supported on dips The EUR/USD is likely to...
Copper is down 25% on the year, slid in five of the past six months $3 support held since November 2020 could break Commodities pulverized by a dollar enabled by hawkish Fed talk Exactly two months...
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