Fundamental Analysis

It is near certain that the ECB will hike at the end of its meeting on Thursday, but there is considerable uncertainty about what happens afterwards. The market reaction is likely to depend on more complex factors than a simple hike or…
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As has become almost customary at this point, the US-Iran war shifted over the weekend. This time it was an escalation in the conflict, with both the US and Iran striking ship in and around the Strait of Hormuz. The attacks on shipping…
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Commodity currency traders, including the AUDUSD, are closely watching upcoming Chinese data points amid an upward bias in fundamental indicators. As the world's largest commodity buyer, China's dual-track economic outlook keeps traders on…
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Crude prices have risen recently as the US and Iran have once again traded strikes. However, prices have come down slightly after US President Donald Trump signalled that the operation would be limited. Against this backdrop, attention now…
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The odds of a Fed rate hike later this month doubled to over 60% after Fed Chair Kevin Warsh came across as more hawkish than expected during his Jackson Hole speech on Friday. Those odds have held fairly steady as the market has…
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Analysts widely expect the BOC to keep rates unchanged at the end of its monetary policy decision on Wednesday. While the meeting itself can have important implications for CAD, many traders might be looking to the BOC for clues about what…
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The AUDUSD has come off its highs in recent days due to a strengthening of the greenback, but recent and upcoming data could suggest that the Australian dollar might stage a recovery. Markets have been reacting to the more hawkish Fed after…
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The NZDUSD has declined over the last several sessions as the greenback strengthened faster than the Kiwi dollar. This brought the pair off two-month highs, but over the longer term, it has been fairly range-bound. Part of the issue for…
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Over the last couple of weeks, the performance of the dollar has been extraordinary. To the downside, but the move is still well out of the ordinary, particularly given the context. The outlook for the Fed has barely budged, while the…
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The EURUSD has come down from multi-months highs over the last few days, raising the question for swing traders if it's time to buy the dip. What could be a catalyst for a rebound or push the pair lower is the last major data point out of…
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