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EURUSD Pointing To Bigger Breakdown
EURUSD Pointing To Bigger Breakdown

USD Storming Higher AgainThe rally in USD is causing waves across FX markets ahead of the weekend with heavy losses in XXX/USD pairs. EURUSD is on watch today having reversed back under the late April...

Crude Rallies Ahead of Trump/Xi Meeting
Crude Rallies Ahead of Trump/Xi Meeting

Crude Higher on ThursdayOil prices remain bid today as focus turns to Trump and Xi’s meeting in China. In recent weeks there had been rising optimism that China could help pressure Iran into agreeing...

Dollar Steady Ahead of Trump/Xi Meeting
Dollar Steady Ahead of Trump/Xi Meeting

US Inflation Jumps AgainThe US Dollar is on watch today as Trump and Xi prepare to meet later today in China following Trump’s arrival yesterday. Curiously, DXY has failed to see a breakout move...

Dollar Rises As Inflation Hits 3yr Highs
Dollar Rises As Inflation Hits 3yr Highs

US CPI Jumps AgainThe US Dollar continues to push higher midweek as hot US inflation and a lack of progress in US/Iran peace talks keeps USD in demand. On the inflation front, annualised headline CPI...

Bitcoin Rally Pauses Ahead of Trump/Xi Meeting
Bitcoin Rally Pauses Ahead of Trump/Xi Meeting

BTC Rally Pauses For NowThe Bitcoin rally looks to have lost momentum for now with the market failing to make a fresh break higher despite buoyant risk appetite and strong stock market gains. It is...

Dollar On Watch Into US CPI Today
Dollar On Watch Into US CPI Today

US Inflation DueThe US Dollar is rallying today ahead of the upcoming April inflation print due this afternoon. Annualised CPI is expected to have risen to 3.7% from the prior month’s 3.3% reading,...

Will Inflation Burst Stocks' Bubble?
Will Inflation Burst Stocks' Bubble?

Stocks Softer Ahead of InflationUS stocks are softening a touch today as traders brace for the latest US inflation data due this afternoon. The S&P ahs been on a tear recently with the index...

Bullish USDJPY Risks Into US Inflation
Bullish USDJPY Risks Into US Inflation

Dollar Strengthening AgainUSDJPY is pushing higher again today, despite recent incidents of suspected intervention from Japanese authorities. USDJPY saw multi percentage drops on two separate days...

Copper Rally Continues Despite US Rejecting Iran Peace Proposal
Copper Rally Continues Despite US Rejecting Iran Peace Proposal

Copper Higher AgainCopper prices are pushing firmly higher again this week extending the bull run from last week where copper futures advanced more than 8%. Risk appetite remains strong this week,...