Sneak Peek: US Jobs Report May Show Further Signs of Recession
US NFP tonight may be well below the estimates, short USD/JPY & long silver (XAG/USD).
Latest Blog
Welcome to the Week of Nonfarm Payroll
RBA is likely to cut rate tomorrow, short AUD/USD at any rally.
Breaking News: NZD/USD Rose After RBNZ Came out Less Dovish Than Expected
New Zealand dollar rose after RBNZ highlights no significant change in monetary policy outlook. With further easing not likely to happen, NZD/USD could rise higher.
Breaking News: Euro PMIs Disappoint While Draghi Sees Need for Further Easing
German PMI fell to a decade low at 41.4, confirming doubts that Germany is tipping into a recession. EUR/NZD could head lower towards the 1.7300 price level.
Fed Refuses to Ease as Much as Expected
A less dovish Fed and the US repo market chaos continue to weigh on risk sentiment, short USD/JPY.
Breaking News: GBP/USD Rose to 2-Month High After Optimism from Brexit
Trump said on Twitter today that the US will delay a tariff increase of USD$250 billion on Chinese imports that was to take effect 1 October. Long AUD/JPY?
Sneak Peek: FOMC Could Be Less Dovish Than What the Market Expects
With strong US economic data and optimism from Fed speak, USD/JPY could move higher despite a 100% priced in rate cut.
Rally in Crude Puts Yen in Favour
Oil’s rally will hold for some time, short USD/JPY amid risk poor risk sentiment
Sneak Peek: ECB May Be Less Dovish Than What the Market Is Pricing In
Major ECB policymakers’ remarks last week cast doubt on the likelihood of a major stimulus package promised by Draghi. EUR/CAD could head higher if ECB under-delivers.
Breaking News: Trump to Delay Planned Tariffs By Two Weeks
Trump said on Twitter today that the US will delay a tariff increase of USD$250 billion on Chinese imports that was to take effect 1 October. Long AUD/JPY?
