The buck looks weaker today as Regional Bank of Australia governor, Philip Lowe is set to speak later today. The discussion will likely cover interest rates and economic outlook going forward, and traders will try to decipher clues on future policy. Here are our forecasts and our top setups on the buck. Retail Sentiment Investors […]
Stocks sink on a global scale as the dollar strengthens due to conflicts on the Russian-Ukrainian border. Trae sanctions on Russia by the NATO allies is hurting economies around the world as another factor serves as a big red flag for indices. Solidifying The Trend Most indices are starting to show a more concrete direction […]
CAD is mixed today after the BOC discussed their future strategy towards monetary policy and when they will cease buying bonds and raising the interest rate. Here are some reasons why the loonie is a buy right now. Rising Oil Prices Rising oil prices in the US and globally has benefitted the value of the […]
The pound is broadly mixed when crossed with certain pairs, but for right now, GBP can be very lucrative right now if you play it the right way. Here are some GBP pairs to trade that could help your portfolio in this time of crisis. What To Note GBP usually acts as one of the […]
The price of gold and oil rise as USOil surges above $100 as the Russian-Ukrainian conflict intensify. This marks the highest price has been for 7 years. Supply Shortage As USOil Surges The US is set to release 30 million barrels from global oil reserves. Global supply as a whole will decrease by 60 million. […]
Major USD pairs opened lower before immediately pairing losses from the lows today. Europe placed harsh restrictions on trade with Russia, and it is clearly affecting the global market. We are taking a look at a couple pairs' strange activity after sanctions and potential trade setups that go with them. European Sanctions and Bond Yields […]
US and UK indices are back on the rise again after a stark decline from the highs on inflation, interest rate and Russian-Ukraine concerns. After the news of the invasion, equities went from heavy bearish sentiment to bull mode. Is this recent move an indicator that indices are a buy again, or is this a […]
The Regional Bank of New Zealand is set to raise interest rates on the kiwi today. Here are some reasons why the RBNZ is now doing this 25bp rate hike plus pairs you would want to trade. Combatting Inflation New Zealand's 1-3% target inflation rate target is still way out of reach as CPI jumped […]
Since the beginning of this month, pound-loonie has climbed over 1.4% on growing bullish sentiment surrounding the British economy and monetary policy. Here are some reasons why GBP/CAD is about to surge again. Some Diplomacy In The East It appears that Putin is agreeing to talk things over with French president Macron in a potential […]
International conflict has investors flocking to the war-hedging metal which recently touched the $1,900 mark for the first time since June of last year. Russian troops have gathered at the borders between them and Ukraine and have yet to ease off. A big question now is whether the gold rush will continue or not, and […]
