Fundamental Analysis

The yen has been weakening over the last month, but that trend picked up pace substantially on Wednesday. The USDJPY rose to levels not seen since January, and could potentially crack highs for the year above the 158 handle. This is a bit…
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One of the major drivers for the dollar lately has been the delayed or missing data during the US government shutdown period. This is particularly relevant for trying to determine what the Fed will do at the next meeting, as well as gaining…
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This week's FOMC minutes data could be crucial for the markets, particularly those connected to gold and forex. There have been growing doubts about whether the Fed will actually implement a rate cut in December. The minutes could provide…
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The pound dropped early on Friday but recovered slightly towards the end of the session due to dollar weakness. It was the culmination of a week of negative data for sterling, and comes ahead of crucial CPI data to be released this week.…
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Gold prices have had a banner week, and have seemingly resumed their strong upward trajectory. The moves come in the wake of news that the US government would open. Gold bumped up another 1.8% on Wednesay ahead of President Donald Trump…
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The two significant events this week that will move the pound are the employment numbers and GDP figures. The job numbers have already been released and contributed to a weaker sterling. Since then, there have been significant political…
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On Monday, gold had its biggest single-day gain since May, rising 2.9% to close at $4,140 per ounce. The immediate catalyst to this move was the two major events over the weekend: the move towards ending the US government shutdown,…
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Risk appetite is on for the start of the week, thanks to two major developments over the weekend. The one that is getting the most headlines, of course, is that the US Senate has finally broke the political gridlock on spending. That means…
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Generally, forex traders can get away with not paying too much attention to the stock market. Of course, equities usually move in opposition to currencies, so it's always a good idea to keep an eye on what's going on with stocks. And right…
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The current US government shutdown has become the longest in history. One would think that a serious matter, such as Congress being unable to agree on how to fund the government, would negatively affect US assets. Yet US stocks have…
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