Fundamental Analysis

Over the weekend, OPEC+ took over as the primary driver of crude prices from geopolitics, sending prices higher in early Monday trading. Over the last couple of weeks, crude had been on the back foot amid concerns of a supply glut amid…
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Markets are already reacting to unconfirmed reports that US President Donald Trump has selected a successor to Fed Chair Jerome Powell. Although Trump is still interviewing potential candidates, he strongly hinted on Tuesday that he had a…
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The EURUSD has gained over the last couple of days amid dollar weakness. Markets are once again moving to price in a high chance that the Fed will cut rates in December. Meanwhile, there is a pretty solid consensus that the ECB will hold…
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This week's trading in the US has been shortened due to Thanksgiving and Black Friday. During long holidays, the market tends to behave differently. A larger effect is generally observed in the stock market, but it can also have an impact…
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The announcement of the UK Autumn Budget on Wednesday could have profound effects on the pound. The much-anticipated event has the potential to spark a financial crisis in the UK, leaving many traders in risk-off mode. But that also means…
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As the AUDUSD heads for six-month lows, potential news out of China might offer some respite. A series of less-than-stellar economic data from the Asian giant might have left some traders worried that Australia's largest buyer is facing…
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Cryptocurrencies like Bitcoin, as their names suggest, are meant to be treated as currencies. Which means, technically, they fall within the currency markets. But most forex traders tend to focus on established currencies, and the majority…
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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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