Browsing Tag

Central Bank

US and Global Trade Balances: More Upside for Dollar?

Daniel John Grady Feb 7, 2024 28 0

As the global economy loses dynamism, the lack of growth isn't evenly distributed. That means some currencies stand to gain, while others lag. The recent global trade balance figures suggest an emerging pattern of where money is flowing,…
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Technical Analysis

Intraday Analysis – USD Eclipses Rivals

David Kindley Feb 2, 2024 29 0

EURUSD remains in a downtrend The US dollar continues to surge against its major rival as the Fed signals a dovish future. The euro remains pressured under the 20-day SMA as it sought to preserve its gains above December’s high above…
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Fundamental Analysis

ECB Rate Decision: When the Dovish Pivot Will Come?

Daniel John Grady Jan 24, 2024 30 0

Tomorrow is the first ECB meeting of the new year, and investors will be keen to see if there are any signs for when the dovish pivot will happen. Members of the shared central bank have been trying to counter speculation of a turn towards…
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Fundamental Analysis

BOC Interest Rate Decision: Still Too Early?

Daniel John Grady Jan 23, 2024 21 0

The Bank of Canada is one of the few central banks still balancing between hiking and cutting. Although the consensus is pretty strong that the upcoming meeting will end without any policy changes, the uncertainty does imply more volatility…
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Technical Analysis

The Week Ahead – Return of the bull?

Jing Ren Dec 8, 2023 38 0

EURUSD consolidates ahead of ECB meeting The euro steadies as the market hopes for a hawkish turn in monetary policy. Inflation across the Euro zone saw a sharp retreat with the latest print at 2.4%, from over 10% just a year ago. More…
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Fundamental Analysis

UK GDP: Cable Headed for Choppy Waters

Daniel John Grady Dec 9, 2022 1,216 0

PM Sunak is facing increasing challenges as the country wraps up the year. Strikes have been going on for months in different sectors, but they are getting particularly intense of late, as workers struggle with higher cost of living. But,…
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Fundamental Analysis

Can Central Banks Go Bankrupt? The Perils of High Interest Rates After QE

Daniel John Grady Dec 2, 2022 492 0

Central banks are the ones who print money in an economy. So, they can't run out of money, right? They just print more. If only central banking were that simple. So, this is a little excursion into an obscure part of quantitative easing…
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Fundamental Analysis

What to Expect from the BOE’s Rate Decision

Daniel John Grady Sep 21, 2022 408 0

The BOE is facing a somewhat unique problem that could lead to a divided vote on policy when it meets tomorrow. And that could send a confusing signal to the markets, leading to unexpected moves in Forex. Here's why 25, 50 and 75 basis…
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Fundamental Analysis

What Will Happen at the Jackson Hole Symposium?

Daniel John Grady Aug 25, 2022 619 0

The markets are waiting with bated breath for what Fed Chair Powell will say during his presentation at the Jackson Hole Symposium. The event starts today and lasts through Saturday, with a host of speakers that could all shake up the…
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Fundamental Analysis

The End of the Summer Rally?

Daniel John Grady Aug 19, 2022 844 0

Back in late June, we talked about spotting a bear market rally, and how the market tends to rise through summer. Since then, most stock markets around the world have risen, and the Nasdaq even managed to technically get back into a bull…
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