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Crude Oil Retreats Ahead of US Data, Copper Aims Higher On Inventories

Talking Points Copper looks to upcoming China data as inventories slide Platinum and Palladium pullback as supply disruption fears ease Crude oil to take guidance from key US economic data Copper continues to climb in Asian trading today as investors return to the base Read More →

Forex: New Zealand Dollar Down as Trade Balance Data Disappoints

Talking Points: New Zealand Dollar Sold on Soft Trade Balance Data in Overnight Trade Euro Likely to Look Beyond Germany’s GfK Consumer Confidence Survey US Financial Markets’ Closure to Drain Liquidity at the Start of the Week The New Zealand Dollar underperformed in otherwise Read More →

Euro Subject to Grinding Conditions as ECB Overshadows Traders

Euro Subject to Grinding Conditions as ECB Overshadows Traders
Fundamental Forecast for Euro: Bearish - The Euro is being pressured by the ECB’s policy pivot, and is currently in ‘sell rallies’ mode. - The retail trading Read More →

US Dollar On the Verge of Serious Reversal – But Can it Make the Turn?

US Dollar On the Verge of Serious Reversal – But Can it Make the Turn?
Fundamental Forecast for Dollar:Neutral EURUSD has already has already started to turn the tide; and GBPUSD, AUDUSD, USDCHF and NZDUSD Read More →

Weekly Trading Forecast: Can USD and S&P 500 Maintain Their Bull Trends?

US Dollar On the Verge of Serious Reversal – But Can it Make the Turn? It was a week of contrasts. Through Friday’s close, the S&P 500 surged to a record high. Yet, at the same time as this ‘risk’ benchmark Read More →

Australian Dollar Vulnerable to Deeper Losses on Fed Policy Bets

Australian Dollar Vulnerable to Deeper Losses on Fed Policy Bets
Fundamental Forecast for Australian Dollar: Bearish Australian Dollar Drops Most in Four Months on Dovish RBA Minutes Firm US Data to Cement Fed QE Cutback Outlook, Read More →