Trading the London Session: Guide for Forex Traders
The London trading session accounts for around 35% of total average forex turnover*, the largest amount relative to its peers. The London forex session also overlaps with the New York…
UK Inflation Declines Beating Estimates, GBP/USD Dips
UK CPI Key Points: Advertising UK CPI Declined to 10.7% Annually, Down from 11.1% in October. The Largest Contribution to the Decrease Came from Cost of Transport (7.2% vs 8.9%), Particularly…
US Dollar Languishes in the Aftermath of US CPI and Ahead of the Fed. Lows for USD?
The US Dollar tanked after a soft CPI number gave the market hope of an end to hawkishness from the Federal Reserve when they meet later today Where to for…
Dow Jones, S&P 500, Nasdaq 100 Reverse CPI Rally as Traders Look Beyond the Fed Pivot
Dow Jones, S&P 500, Nasdaq 100, US CPI, Yield Curve – Asia Pacific Market Open Dow Jones, S&P 500, Nasdaq 100 reverse CPI-induced rally Markets are seemingly looking beyond the…
EURUSD and VIX Exude Volatility But Not Conviction Heading into Fed Hike
S&P 500, VIX, FOMC, Dollar and EURUSD Talking Points: The Market Perspective: USDJPY Bearish Below 137; GBPUSD Bullish Above 1.2300; S&P 500 Bearish Below 4,030 Despite the presence of the…
Oil Bounces from Fibonacci Support
Crude Oil Talking Points: Oil prices are holding on to a second consecutive day of gains after support showed at a Fibonacci level on Friday. There’s a short-term falling wedge…
Dollar’s Post-CPI Tumble Already Leveling Out as Focus Shifts to FOMC
Dollar, EURUSD, GBPUSD, USDJPY, FOMC and CPI Talking Points: The Market Perspective: USDJPY Bearish Below 137; GBPUSD Bullish Above 1.2300; EURUSD Bullish Above 1.0700 US CPI came in notably softer…
SPX Slammed, Breakout Snaps Back
S&P 500 Talking Points: Recommended by James Stanley Advertising Get Your Free Equities Forecast The S&P 500 put in a sizable breakout ahead of the US open this morning, running-higher…
Gold Prices Test Fresh Five Month Highs Ahead of FOMC
Gold Talking Points: Recommended by James Stanley Advertising Get Your Free Gold Forecast It was a brutal trend for Gold bulls through the first ten months of this year but,…
Sam Bankman-Fried Indictment Overshadowed by US CPI as BTC/USD Gains
Sam Bankman-Fried Faces Criminal Charges While USD Weakness Supports BTC/USD Sam Bankman-Fried arrested in the Bahamas – former FTX CEO faces criminal charges in the United States Binance pauses withdrawals…