Fundamental Analysis

Markets widely expect the Fed to hike rates by 25bps at the conclusion of its 2-day policy meeting on Wednesday. But the market isn't fully convinced, leaving room for two-way action after the decision. Gold could prove the most…
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Markets are unsure about what the BOE will do at its meeting this week, which creates a volatile situation for the pound. Cable has been on the backfoot after US inflation data raised the odds of a Fed hike this week. The question for…
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The FOMC will hold its September meeting next week, and the market is still not sure what it will do. Friday's blowout jobs report came as a major surprise to markets, but expectations around the Fed did not vary much, suggesting traders…
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The GBPUSD has been somewhat range-bound recently, affected by bi-directional forces that have been equalising. Positive domestic factors have been offset by shifting global themes, leaving bulls and bears around equally matched. The…
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It is near certain that the ECB will hike at the end of its meeting on Thursday, but there is considerable uncertainty about what happens afterwards. The market reaction is likely to depend on more complex factors than a simple hike or…
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As has become almost customary at this point, the US-Iran war shifted over the weekend. This time it was an escalation in the conflict, with both the US and Iran striking ship in and around the Strait of Hormuz. The attacks on shipping…
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Commodity currency traders, including the AUDUSD, are closely watching upcoming Chinese data points amid an upward bias in fundamental indicators. As the world's largest commodity buyer, China's dual-track economic outlook keeps traders on…
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Crude prices have risen recently as the US and Iran have once again traded strikes. However, prices have come down slightly after US President Donald Trump signalled that the operation would be limited. Against this backdrop, attention now…
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The odds of a Fed rate hike later this month doubled to over 60% after Fed Chair Kevin Warsh came across as more hawkish than expected during his Jackson Hole speech on Friday. Those odds have held fairly steady as the market has…
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Analysts widely expect the BOC to keep rates unchanged at the end of its monetary policy decision on Wednesday. While the meeting itself can have important implications for CAD, many traders might be looking to the BOC for clues about what…
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