Oil and loonie flying high together again

Posted by Ed Jul 31, 2023 Share 0

Oil poised for best monthly performance since early 2022 Net-long positions in WTI  rise to ...

Dollar wavers ahead of SLOOS

Posted by Ed Jul 31, 2023 Share 0

Eurozone Q2 GDP returned to growth with a 0.3% advance reading (prior revised higher to 0.0%). ...

No major risk-off after BoJ’s creative YCC flexibility tweak

Posted by Kelvin Jul 28, 2023 Share 0

Bank of Japan maintained its ultra-loose monetary policy but issued a lukewarm hawkish statement...

China equities maintain short-term bullish momentum ex-post Politburo and FOMC

Posted by Kelvin Jul 27, 2023 Share 0

The press release of the recently concluded China’s Politburo meeting consisted of a more expa...

Oil rally stalls as demand softens, Gold rises post Fed

Posted by Ed Jul 26, 2023 Share 0

EIA Report: stockpiles  dropped 600K vs -2.12M eyed Crude production falls to 12.2 million b...

Dollar slips as the Fed is most likely done

Posted by Ed Jul 26, 2023 Share 0

Fed swaps show only an 18% chance of a hike in September (under 50% for November) FOMC to tak...

USD/JPY softens as yen hedges surge ahead of BOJ 

Posted by Ed Jul 26, 2023 Share 0

Rate cut odds for the December FOMC meeting now stands at 15.1% vs 16% yesterday Protection a...

FOMC day, look out for Fed Chair Powell’s view on inflationary expectations

Posted by Kelvin Jul 26, 2023 Share 0

Current slowdown in inflationary growth has led to lower odds of another Fed Funds rate hike aft...

FTSE – China Stimulus Promise, Unilever Rallies After Results, Fed and ECB eyed

Posted by Craig Jul 25, 2023 Share 0

Unilever among the best performers in the index after reporting earnings It's been another re...

AUD/USD jumps ahead of Australian inflation

Posted by Kenny Jul 25, 2023 Share 0

Australian inflation expected to slow in Q2 US consumer confidence jumps AUD/USD rises sha...

Technical and Triggers: FOMC/Earnings Playbook for Nasdaq, USD/JPY, & NZD/USD

Posted by Ed Jul 25, 2023 Share 0

Earnings give stocks one last boost before the FOMC decision Consumer Confidence surges to a ...

Oil reaches 3-month high, Gold and Bitcoin edge lower

Posted by Ed Jul 24, 2023 Share 0

Oil Crude prices are tentatively breaking out as expectations remain for the oil market to remain...

Nasdaq – Caution ahead of major central bank meetings, weaker PMIs

Posted by Craig Jul 24, 2023 Share 0

Fed, ECB and BoJ all meet this week Weak PMIs point to further cooling in the economy NAS1...

EUR/USD and USD/JPY in focus post flash PMIs; Bitcoin falls below $29.5k

Posted by Ed Jul 24, 2023 Share 0

It was surprisingly a busy weekend as Spain delivered a close national election, Barbie showed us th...

A reversal of fortunes for US banks and technology stocks

Posted by Kelvin Jul 24, 2023 Share 0

Prior underperforming US banks rallied last week where the SPDR Banks ETF rose by 6.76%, its bes...

Podcast – A Big Week Ahead (BOJ, ECB, Fed, Earnings, Major US data)

Posted by Ed Jul 21, 2023 Share 0

OANDA Senior Market Analyst Ed Moya joins Jonny Hart and Trader Nick to discuss the drop in the yen ...

Oil rises as OPEC+ likely to try to keep oil market tight; Gold lower on strong USD

Posted by Ed Jul 21, 2023 Share 0

Commodities are starting to post some diverging trends as US soft landing hopes improve.  Oil has b...

Morning Movers: Yen tumbles as BOJ expected to keep YCC intact, Nasdaq’s rebalancing

Posted by Ed Jul 21, 2023 Share 0

USD/JPY  Yen dives on reports BOJ sees little need to adjust YCC Central bank-a-palooza was ...

Japanese yen sinks as inflation rises

Posted by Kenny Jul 21, 2023 Share 0

Japan's core inflation rises in June USD/JPY jumps over 1% The US dollar continues to rall...

Oil edges higher, strong dollar disrupts gold’s ascent

Posted by Ed Jul 20, 2023 Share 0

US sanctions Russian oil service companies and First deputy energy minister Sorokin WTI Crude...