Fundamental Analysis

The GBPUSD has been moving higher. But a quick look at the dollar index suggests that it's largely due to a weaker greenback than a strength in the pound. The GBPEUR cross is largely flat over the last month. Generally negative news from…
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Recently, the focus has been on retail sales to see how fast they were growing as the economy came out of the pandemic recession. Now, attention is returning to retail sales, but to see how much they are falling due to erosion of purchasing…
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Usually, the White House is the economic cheerleader for the nation. But over the weekend, economic adviser Brian Deese was on CNN, and refused to rule out that a recession was coming. "There are always risks," he said, stating the obvious…
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The Fed rate hike trajectory is under renewed scrutiny after the S&P 500 officially fell into a bear market. The consensus that the Fed will hike by 50 basis points at the next meeting remains intact. But there are starting to be doubts…
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There is one major question troubling economists which could determine where the markets are going. And that is if and how much the economy is being impacted by rising inflation. One of the first places this can be noticed is in PMI…
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The last time the EURUSD hit 1:00 was way back in late 2002. At the time, the world was struggling with the dot-com bubble burst, and an impending invasion of Iraq. Just last week, the most traded pair dropped to the 1.04 handle, the lowest…
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Yesterday, the Dow dropped by over 1,000 points again. The benchmark S&P 500 was down 4.0% and the Nasdaq even worse. While markets are in a bearish trend, this isn't entirely unexpected. But such a large move after only a couple of…
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At their last meeting, the RBA caught most economists by surprise, raising interest rates by 25bps to an unusual level of 0.35%. Most analysts expected no move, and those who did, figured the Reserve Bank would align policy at 0.25%.…
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Inflation expectations are what's driving monetary policy, and the respective reaction in the markets. Depending on what we get in the data, we could see some strong moves in currency pairs. Earlier today cable had a 1% move after jobs data…
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Last week, the CEO of Coinbase, one of the largest crypto trading platforms, made a worrying comment after his firm reported earnings. He said that there was no risk that the company would go bankrupt. Now, he might be right; but the…
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