Fundamental Analysis

It's been a few rocky days in the markets, with forex pairs buffeted by the rapidly evolving trade situation between the US and China. The standout, of course, has been gold, which keeps setting record highs after record highs. But the…
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Cable continued lower last week amid a stronger dollar, as investors remain nervous about UK data. The hope among bulls is that the British economy will expand, providing enough fiscal room to prevent significant tax hikes. The case for the…
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China will publish its September trade data on Monday in the middle of the Asian session. With the focus shifting from the trade war to political wrangling in Washington, the data might pass under the radar. But it's still likely to be…
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The USDCAD has been trading pretty much sideways since the dual Fed and BOC meetings late last month. The dearth of data from the US due to the government shutdown has left traders somewhat in limbo. That means the currency pair now has to…
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The dollar has gained over the last three sessions despite no significant advances in reopening the US government. Meanwhile, safe-haven demand has surged, pushing the price of gold above the $4,000 mark. It seems counterintuitive that the…
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With the US government shut down, the Fed has a larger role to play in the Forex market. That makes Wednesday's release of the minutes from the September meeting all the more important. Traders will be closely watching for signs that the…
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Markets had a strong reaction after the election in Japan over the weekend, with the USDJPY moving above the 150 handle for the first time in months. More importantly, it may signal that the yen will weaken in the coming months, possibly…
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OPEC+ will hold its monthly meeting to decide oil production quotas for its members over the coming weekend. There is rampant speculation that it will increase supply once again, amid economists' warnings that the global crude market is…
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The government shutdown in the US has disrupted the economic calendar. Many of the most critical data points tracked by the markets are compiled by the government, which is nominally not working. Some of the data may be delayed, and its…
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Gold has had a stellar run this year, gaining 48% since January 1st, and is on track to have the best gains since 1979. While this is positive for gold bulls, it is somewhat concerning for the rest of the market. The late 70s and…
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