Fundamental Analysis

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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There is a unanimous consensus among economists that the BOE will keep rates unchanged at Thursday's monetary policy decision. What could shake up markets is if the vote split and minutes of the meeting change expectations for the future…
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The US government shutdown continues, and will become the longest in history if a deal isn't struck before Wednesday. That means several key data releases won't happen as scheduled, including the NFP that was due on Friday. With the Fed…
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The RBA rate decision on Tuesday offers an opportunity to shake up the markets. There is a pretty strong consensus that has led the market to price in a specific outcome. However, there are reasons to believe that the RBA could take an…
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The story through the first half of the year was "sell the dollar". The greenback lost over 10% of its value in less than six months, one of the steepest declines of the new century. The main beneficiary of those losses was,…
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Markets are optimistic about China going into the latter half of the week. There is some key data scheduled, which is anticipated to be positive. But the center of attention is the expected meeting between US President Donald Trump and…
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The EURUSD has largely been trending sideways over the last couple of months, clearly looking for a catalyst to break the mould. Rate decisions are often big events that can change a currency's direction, and the ECB meeting right after the…
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