Fundamental Analysis

The markets were a sea of red on Thursday, with a sharp and dramatic turn to the downside led by tech stocks. It was a surprising turn of fortune after stocks rallied in the wake of the US midterm election, erasing all the gains for the…
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Now that markets have had a chance to digest the US electoral results, the focus turns to the next major risk event for the dollar and gold: Friday's NFPs. This is the first of two employment data releases that the Fed will take into…
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One of the last major central banks of this meeting cycle is the Bank of England, which is widely expected to hike while other major central banks hold. However, the situation isn't as dramatic, because the BOE held during the prior cycle,…
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Markets are in wait-and-see mode going into the US Midterm elections. This time around, the elections could have a more significant impact on forex, as traders mull the potential geopolitical implications. Many strategists believe that the…
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The AUDUSD is coming off of multi-week highs that it scored late last week. Part of that can be attributed to a technical pullback after the spike higher on Thursday that failed to carry through. But, there have been some shifts in data…
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After a particularly data-heavy week, a new pattern in the markets has emerged, notably in forex markets. Following the FOMC and ECB meetings, the EURUSD has caught a bid as the dollar retreats. While this would normally indicate a…
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The USDJPY is bouncing back after going on a bit of a roller-coaster in the wake of the FOMC decision on Wednesday. The Fed initially sounded more hawkish with two dissenting votes to the hold, but later Chair Kevin Warsh’s press conference…
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The EURUSD has fallen to lows not seen since early 2025 as last year’s prolific gains unwind amid a divergence between the Fed and the ECB. That trend could be affirmed this week, as the ECB meeting takes place a day after the Fed’s and the…
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This is a massive week for the dollar, with several events that could move markets. Investors are keenly focused on the Fed's decision at the end of its two-day meeting on Wednesday. A day later, the US will release its first reading of Q3…
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The pound has rallied recently towards four-week highs amid a relatively light economic calendar. The move has made sterling the top performer among major currencies, thanks in part to an improving economic outlook. Those gains…
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