• Market activity picking up as major event risk nears

  Activity is expected to pick up on Wednesday as we inch closer towards today’s highly anticipated Fed policy decision. As we come into Wednesday a lot of what we’ve been seeing and hearing away from the US has been leaning more dovish, which has resulted in added US Dollar demand. Audio Update Technical highlights EURUSD […]

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• A clear wave of risk off flow

  A quick scan on this Tuesday into the North American open shows risk off flow across the board. The US Dollar has been bid, while US equity futures point to a lower open. Even crypto assets that have been on fire have come under some pressure. Wrap-Up Call

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• BOJ and RBA decisions trigger Yen and Aussie selling

  Already on Tuesday we’ve had two central bank decisions, both of which inspiring dovish reactions. Looking ahead, key standouts on the calendar for the remainder of the day come from Eurozone and German ZEW reads, Canada inflation, and US housing starts and building permits. Audio Update Technical highlights EURUSD Confined to major consolidation GBPUSD Looking […]

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• Will the Fed make adjustments this week?

  We haven’t seen any major movement in markets as the new week gets going. But a lot of what we are seeing is positioning ahead of Wednesday’s highly anticipated Fed decision. Recent US economic data suggests the Fed will need to be leaning less accommodative in the decision, which could translate to scaled back rate […]

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• Lots of tension ahead of this week’s Fed decision

  Last week, we got a strong round of US economic data accompanied by hotter US inflation reads. The takeaway of course is that there might be a lot more pressure on the Fed to be looking to scale back its rate cut outlook at this week’s meeting. Audio Update Technical highlights EURUSD Confined to major […]

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• Is it just too much to ignore?

  Earlier this week, US CPI data came out hotter than expected, which should have had the market a little more worried about less investor friendly tweaks to Fed policy next week. And yet, the market shrugged off the data with stocks continue to track in record high territory. Audio Update Technical highlights EURUSD Confined to […]

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• Will today’s batch of US data shake things up?

  Price action in the FX market has been quite subdued of late, though we have seen a mild bout of broad based US Dollar demand coming into the North American session on this Thursday. Key standouts on the calendar come from US producer prices, initial jobless claims, and retail sales. Wrap-Up Call

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• Investors keep downplaying US inflation data

  The market is doing its very best to try and ignore this week’s hotter US inflation data. But as the week marches on inability for US equities to extend their run of record gains could be making investors a little more unsettled. Audio Update Technical highlights EURUSD Confined to major consolidation GBPUSD Fresh upside extension […]

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• Risk assets continue to hold up well into the mid-week

  We’re still surprised to see such a subdued market reaction to yesterday’s hotter than expected US inflation data. Looking ahead, absence of first tier risk on the North American calendar will leave the market trading on bigger picture macro themes. Wrap-Up Call

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• Investors keep turning a blind eye

  We were surprised by the subdued reaction in the aftermath of the US CPI print. Rates markets haven’t really budged all that much and investors continue to turn a blind eye to any signs the Fed might need to be less accommodative than what is being priced. Audio Update Technical highlights EURUSD Confined to major […]

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