10 Sept: Trend table outlook for FX, Commodities, Indices

The Financial markets were fairly rangebound on Monday, with little real action as traders now look towards the ECB Meeting on Thursday. With another quiet calendar today it may be a similar session so I would not be looking for too much although the positive risk sentiment seems set to continue for the next 24 hours. The Jpy… Read More »

9 Sept: Trend table outlook for FX, Commodities, Indices

The FX markets were fairly rangebound on Friday despite the NFP missing expectations although the Aud and Nzd were firm and this looks as though this theme could continue, at least early in the week, so buying either seems to be the immediate plan, against the US$, Euro and the Jpy. As usual I would leave Sterling alone… Read More »

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

There is plenty of green on the map again on Friday as the risk outlook turns more positive, underpinned by the announcement of renewed trade talks, along with more positive headlines related to Brexit/Italy. Both Jpy and Chf weakness are more apparent today and they seem set to remain under pressure, while the winners in the FX space… Read More »

5 Sept: Trend table outlook for FX, Commodities, Indices

There is plenty of green on the map today as the risk outlook seems to turn a little more positive, helped in part by the Government back down on the HK situation, and also by Brexit, where a no-deal divorce now seems to have been ruled out. This has underpinned Cable, which looks a whole lot better on… Read More »

4 Sept: Trend table outlook for FX, Commodities, Indices

The US$ is under some mild downside pressure on Wednesday and this looks as though it may escalate in the coming session, with the charts looking generally more positive against the Euro, Sterling, Aud and Nzd, while the Jpy looks set to remain in neutral, currently clinging closely to 106.00 against the dollar. The Jpy/Xs all looks as… Read More »