29 May: Trend table outlook for FX, Commodities, Indices

The Euro once again looks to be the centre of the action, heading into Tuesday trade, and trading it from the short side against both the US$ and on the crosses seems to be the way forward. . Elsewhere it all looks rather scrappy although there is not a lot of green on the heat map so I… Read More »

28 May: Trend table outlook for FX, Commodities, Indices

The US$ was mixed on Friday, generally firm against Euro, where Italian and also Spanish politics continue to weigh it down, causing another move into safe-haven assets, sending EurJpy and EurChf sharply lower. Sterling, was also weighed down by politics, particularly after BOE Governor, Mark Carney said that additional stimulus may be needed in the event of a… Read More »

25 May: Trend table outlook for FX, Commodities, Indices

The US$ is a little heavy heading into Friday, not helped by the slide in US yields, and it looks as though this could continue as we head towards the weekend. It all looks a little choppy though and I am not sure that we see anything directional, but out of choice I still prefer to look for… Read More »

24 May: Trend table outlook for FX, Commodities, Indices

It was a hectic session with safe haven demand in full flow after sentiment turned sour Trump hinted during Asian that he wasn’t pleased with the latest China deal. That sparked a move into the Yen and Swiss franc, while Sterling and the Euro were suffering from their own issues on the back of underwhelming CPI (UK) and… Read More »

23 May: Trend table outlook for FX, Commodities, Indices

It was another choppy session for the US$, which ended up rather mixed. This looks likely to continue until the release of the FOMC Minutes, later today,  although the EU PMIs may provide some interest. The overall medium term theme of buying dollars remains intact. In the crosses, the Aud looks set to outperform, and AudNzd still seems… Read More »