The Bank of Japan have a problem. That problem is the weakness in the JPY. You can see from the index chart below that JPY weakness has been pronounced this year. The JPY being weak is great for Japan’s export economy. A weak domestic currency means that the countries exports are better value abroad. However, … Read more
The Fed are widely expected to hike interest rates by 75bps this Wednesday. Short Term Interest Rate markets are seeing it as a 100% probability and the same markets have a 79% chance of a larger 100bps hike. The expectations for larger hikes have increased after last Tuesday’s US CPI print where the headline and … Read more
Gold and silver markets have both been pressured over the last few weeks on expectations of aggressive Fed hikes. On Tuesday this week both headline and core inflation printed at the high end of expectations. The reaction in the market was predictable and offered good opportunities to astute traders. Stocks, bonds, precious metals all sold … Read more
The high and tight flag pattern is one of the most reliable technical patterns. Dp you know how to recognise it?
The US consumer confidence is likely to offer another intraday trading opportunity as US consumer confidence is released on Friday at 1500 UK time
Tomorrow is the release of the US CPI print. The market has been laser focused on US growth and inflation and this print is likely to provide a decent intraday opportunity on any significant deviations. So, let’s see what is currently expected, so we can know how to be trading tomorrow’s CPI print. Peak inflation? … Read more
Some new traders, trying to trade market sentiment, end up trying to chase sentiment for too long. So, this article will help you understand what sentiment is and how long it typically lasts. Sentiment is like a mood Think of yourself on an average day. You tend to have days when you feel happier or … Read more
What’s the AUDNZD trade out of the RBNZ meeting on Wednesday July 13?
