14 June: Trend table outlook for FX, Commodities, Indices

The US$ has traded mostly sideways on Thursday and there is little new to report in the FX markets although on the crosses, Yen strength and Aud$ weakness seem set to continue. . Elsewhere, WTI reversed the fall of the previous session due to the escalation of tensions in the middle east and seems likely to remain volatile,… Read More »

13 June: Trend table outlook for FX, Commodities, Indices

The US$ has made some mild gains on Wednesday despite the softer US inflation data which suggests that a Fed rate cut is on its way. Donald Trump ensured that the Euro remained under pressure with the hint of tariffs on the EU. Gold made some gains despite the dollar’s strength while oil took another hit, down by… Read More »

12 June: Trend table outlook for FX, Commodities, Indices

It has been a steady session with little new to look at as most products have been stuck in a range but this may change today as we have CPI data from both China and the US as well as speeches from various central bankers, including Mario Draghi. EurUsd: The Euro is a little firmer on Wednesday after… Read More »

11 June: Trend table outlook for FX, Commodities, Indices

The US$ has partially recovered from its lows, seen after Friday’s weak US payrolls, which convinced the financial markets that the Fed needs to act by cutting rates,  but it has been a mostly choppy session on Monday and there is little to be seen from the heat-map although stocks still look healthy. With a rather empty calendar… Read More »

7 June: Trend table outlook for FX, Commodities, Indices

It has been a choppy session for the FX market on Thursday, and ended with the dollar pretty much unchanged from the previous day’s levels. The stock markets have had their 3rd good day in a row on the back of increasing hopes of a US rate cut, and look as though they have further constructive price action… Read More »

6 June: Trend table outlook for FX, Commodities, Indices

It has been a volatile ride on Wednesday, but ended with the dollar regaining some lost ground, while oil has seen further losses. Thursday’s attention will be on the ECB Interest Rate Decision – and how dovish, or not, Mario Draghi will be. Otherwise, things are likely to stay on hold while waiting on tomorrow’s NFP outcome, where… Read More »