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the week ahead

The Week Ahead – Mixed corporate results reinforce ‘soft landing’

Jing Ren Apr 21, 2023 59 0

EURUSD rallies as more tightening ahead The euro advances as stubborn CPI led traders to factor in the chance of a bigger rate increase by the ECB. Consumer inflation across the eurozone eased in March thanks to falling oil and gas…
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Technical Analysis

The Week Ahead – Not so good news

Jing Ren Feb 17, 2023 70 0

USDCAD steadies as Canada’s CPI looms The Canadian dollar awaits breakout ahead of key inflation data. A blowout Canadian job report showed sticky inflation and put the Bank of Canada in a tricky situation after it announced to pause…
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Technical Analysis

The Week Ahead – Turning the corner

Jing Ren Feb 3, 2023 85 0

AUDUSD rallies on increased risk appetite The Australian dollar rallies as the market remains risk-on. The US dollar’s softness may continue to provide tailwinds despite lacklustre domestic data. Australia’s retail sales saw its…
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Technical Analysis

The Week Ahead – Euro Steadies Over Inflation Bet

Jing Ren Jan 3, 2022 450 0

EURUSD awaits inflation-driven breakout The euro inched higher as traders bet on lasting inflation in the eurozone. The single currency may become the main driver of volatility in 2022. Relatively speaking, pricing the US dollar…
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Technical Analysis

The Week Ahead – Markets Fly to Safety as New Variant Looms

Jing Ren Nov 29, 2021 536 0

EURUSD slides as Europe battles fifth wave The euro plunges as the pandemic situation worsens across the continent. A record rise in covid cases has prompted Austria and Germany to consider imposing another round of lockdowns, with…
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Technical Analysis

The Week Ahead – Central Banks stuck between Growth and Inflation

Jing Ren Oct 29, 2021 634 0

GBPUSD recovers as BOE pressured to act The pound consolidates gains as traders await the Bank of England meeting. Its outperformance reflects the pressure to tighten amid soaring prices. CPI shot up to 3.1% in September with no…
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The Week Ahead – Risk Assets Bounce as US Dollar Retreats

Jing Ren Oct 15, 2021 10,726 0

GBPUSD rises back as recovery gains traction The pound bounces higher as the UK's recovery may have gained a foothold. Britain’s economy grew 0.4% month-on-month in August, following a 0.1% contraction in the previous period.…
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Technical Analysis

The Week Ahead – High Inflation Lifts Euro Against US Dollar

Jing Ren Sep 3, 2021 589 0

EURUSD climbs as price pressure rises The euro inched higher supported by improved economic data. Inflation in August overshot to a decade high by a full percentage point above the central bank’s target. This has placed…
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Technical Analysis

The Week Ahead – Jobs Numbers to Gauge Wind Direction

Jing Ren Aug 27, 2021 579 0

EURUSD struggles as US Fed remains unfazed The US dollar resumes its rally as the Fed maintains its optimism about the economic recovery. The market’s recent jitters are a sign of indecision as traders navigate amid mixed data and…
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Technical Analysis

The Week Ahead: Asset Relocation

Jing Ren Mar 8, 2021 1,117 0

NAS 100 sinks as high yields hurt growth Nasdaq has erased gains from the last three months as worries over rising long-term interest rates grew. Tech stocks are the hardest hit as investors rotate their capital into bonds and value…
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