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Fundamental Analysis

Technical signal triggers Dollar recovery but soft US labor market data weighs on sentiment
Technical signal triggers Dollar recovery but soft US labor market data weighs on sentiment

The US Dollar began a rebound on Thursday after the Dollar Index (DXY) touched a yearly low, triggering traders to capitalize on a strong and clear technical signal:The latest revisions to the US...

Dovish Fed Shift Sends Bearish USD Signals
Dovish Fed Shift Sends Bearish USD Signals

FOMC Minutes Show Growing Rate Cut SupportLast night’s FOMC minutes delivered on the dovish side as expected. The minute showed that several members were in favour of a cut last month while the ‘vast...

The FTSE Finish Line - August 22 - 2024
The FTSE Finish Line - August 22 - 2024

The FTSE Finish Line - August 22 - 2024FTSE Flatlining Again, JD Sports Shines In A Slow Summer TapeThe U.S. Federal Reserve's expected interest rate decrease, which has been boosting market...

Is USD Selling Overstretched Ahead of FOMC Minutes?
Is USD Selling Overstretched Ahead of FOMC Minutes?

Dollar Decline ContinuesThe US Dollar has come under heavy selling pressure this week as traders prepare to receive the latest FOMC minutes later today, followed by comments from Fed chair Powell...

Why Isn't Bitcoin Moving?
Why Isn't Bitcoin Moving?

BTC Stuck in The MudBitcoin prices have been largely muted over the last week. Despite the sell off in USD and the broad pick up in risk appetite, crypto assets have seemingly failed to benefit with...

Oil Heavily Sold Despite USD Weakness
Oil Heavily Sold Despite USD Weakness

Crude Under PressureOil prices have been under heavy selling pressure over the last week with crude futures reversing sharply from highs around the $80 mark. Price is now testing the 72.61 level...

Loonie Testing Key Support Ahead of CAD Inflation
Loonie Testing Key Support Ahead of CAD Inflation

USD Sinks on Fed Easing ExpectationsDollar weakness is the main theme of markets this week. With US inflation seen falling last week for a fourth consecutive month, Fed easing expectations have moved...

Aussie Soars on Hawkish RBA Minutes
Aussie Soars on Hawkish RBA Minutes

RBA: Rates to Stay Higher for LongerThe Australian Dollar is trading higher today on the back of the release of the latest RBA meeting minutes overnight. The tone of the meeting was more hawkish than...

A Crucial Week for the US Dollar: Can Dollar Bulls Hold the Line?
A Crucial Week for the US Dollar: Can Dollar Bulls Hold the Line?

The US dollar is once again in the spotlight on Tuesday. Following a bruising session on Monday, the Greenback finds itself under pressure, sliding further against a basket of major currencies, with...