• FOMC Minutes Preview

  The Fed Minutes are out later today and all eyes will be on the central bank release to see just how much the narrative has really shifted. Special Report

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• The shifting narrative

  The big story into the mid-week is the shifting narrative around Fed policy expectations. The market has clearly scaled back expectations around Fed rate hikes, with a round of softer economic data out of the US further contributing to this scaling back. Audio update Technical highlights EURUSD Looking for lower top GBPUSD Well supported into […]

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• Pound lags on soft UK data

  Not a whole lot going on this Tuesday ahead of the North American open. Currencies are off a bit against the US Dollar and US equity futures are tracking a little lower. Wrap-Up Call

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• More correction than recovery

  We’ve been warning against expectations that the recovery in risk assets is anything more than a correction. And already into Tuesday we’re seeing this play out a bit, with risk assets under pressure. Audio update Technical highlights EURUSD Looking for lower top GBPUSD Well supported into dip USDJPY Bearish reversal in play AUDUSD Trying to […]

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• Currencies charge higher against the Buck

  The recovery in the FX market continues, with currencies up across the board against the US Dollar. Stocks have been helping things along as well, as US equity futures attempt to push further into the rally off recent yearly lows. Wrap-Up Call

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• More technical than bullish

  There has been a lot of talk about the rebound into last Friday’s US equities close which prevented stocks from officially trading in bear market territory. Audio update Technical highlights EURUSD Looking for lower top GBPUSD Well supported into dip USDJPY Bearish reversal in play AUDUSD Trying to make recovery USDCAD Higher low sought out […]

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• A glimpse of light ahead of weekly close

  US markets continue to embrace the probability of recession and this reality is a reality that has factored into a good chunk of the risk off flow we’ve been seeing out there. Audio update Technical highlights EURUSD Room for drop to parity GBPUSD Gravitating to 2019 low USDJPY Bearish reversal in play AUDUSD Aussie tests […]

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• Dollar ignores US equity futures

  Price action on Thursday thus far has been somewhat interesting when considering the fact that despite US equity futures selling off, the US Dollar hasn’t managed to find demand. Wrap-Up Call

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• Stagflation risk haunts financial markets

  The market can’t seem to get away from worry around stagflation risk in 2022, and for good reason, with inflation continuing to shoot up, all while we’re seeing signs of slowdown in growth. Audio update Technical highlights EURUSD Room for drop to parity GBPUSD Gravitating to 2019 low USDJPY Bearish reversal in play AUDUSD Aussie […]

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• A different kind of ‘Don’t Fight the Fed’

  For many years, it was all about ‘don’t fight the Fed’ with respect to betting against additional monetary policy accommodation. These days, that mantra is still going strong, except for the fact that now, it’s all about ‘don’t fight the Fed’ with respect to betting against monetary policy normalization. Audio update Technical highlights EURUSD Room […]

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